Boston, MA 06/03/2013 (wallstreetpr) – The share prices of China HGS Real Estate Inc. (NASDAQ:HGSH) had gained 18.53 percent to close at $8.33 per share for the end of last trading session on Friday. The shares of the real estate firm had recently been surging to new high prices with the company being traded at $8.25 to $9.89 per share during the day. China HGS Real Estate Inc. (NASDAQ:HGSH) had recorded 52 week high price level of $12.94 per share and 52 week low price level of $0.24 per share.
China HGS Real Estate Inc. (NASDAQ:HGSH) has its operations in the mainland of People’s Republic of China and presently looks out to expand its projects to Tier II and Tier III cities of the country as well. The real estate firm manages all its operations through the wholly owned subsidiary of the company, Shaanxi Guangsha Investment and Development Group Co. China HGS Real Estate Inc. (NASDAQ:HGSH) is basically involved in the construction and sale of residential apartments, commercial buildings and car park areas.
China HGS Real Estate Inc. (NASDAQ:HGSH) presently looks out to construct three types of buildings classified based on their number of stories – multi layer apartment buildings with six or less stories, sub high rise apartment buildings with seven to eleven stories and high rise apartment buildings with twelve to thirty three stories.
China HGS Real Estate Inc. (NASDAQ:HGSH) presently holds 45.05 million shares outstanding in the market and the average trading volume for the company is at 118,492 shares per day.
