After City Developments Limited (CDL) resumed trading on Monday (March 3), its stock price fell to a new low since 2009 at the opening of the morning session. But then the decline improved slightly.

As of 10 a.m., the stock price of Urban Development was 4.93 yuan, down 3.71% or 0.19 yuan compared with the final closing price before the announcement of the suspension of trading last Wednesday (February 26).

The highest price in the morning reached 4.96 yuan; the lowest price fell to 4.76 yuan.

Further reading

Urban development fell 7% in the early trading to 4.76 yuan, the lowest level since 2009

Urban development fell 7% in the early trading to 4.76 yuan, the lowest level since 2009

Urban Development Board of Directors drags down the stock price of affiliated company Honglong Asia falls by more than 10%

Urban Development Board of Directors drags down the stock price of affiliated company Honglong Asia falls by more than 10%