Dragon Rise plunges 62.5% while Goldstream surges 30.36% among Hong Kong’s most volatile stocks

Hong Kong’s most volatile stocks saw a stark contrast as Dragon Rise dropped 62.5%, while Goldstream Investments gained 30.36%, highlighting market unpredictability in healthcare and finance.

Dragon Rise Group experiences sharp decline

In a highly volatile trading session, Dragon Rise Group Holdings Ltd. (2909) recorded a significant drop, falling by 62.5% to close at 0.75 HKD. This steep decline highlights the challenges faced by the company amid Hong Kong’s fluctuating market environment. Shenyang Public Utilities Holding Co. (747), in comparison, saw a modest rise of 1.96%, closing at 0.052 HKD, adding stability to an otherwise unpredictable day.

Goldstream and Bortex among top gainers

On the positive side, Goldstream Investment Ltd. (1328) surged by 30.36%, closing at 0.073 HKD, making it one of the top gainers. This rise underscores investor interest in financial investments even amid market instability. Bortex Global Ltd. (8118) also saw gains, increasing by 18.97% to 0.069 HKD, while New City Development Group Ltd. (456) added 10.77%, closing at 0.72 HKD. These gains reflect a cautious optimism in sectors beyond healthcare, where Guangdong Kanghua Healthcare Co. Ltd. (3689) fell 0.92%, closing at 2.15 HKD.

Disclaimer: This report is for informational purposes only and does not constitute financial advice.