Stock Market news : Adicon Holdings Leads Gains With 16.88% Jump; Paladin Falls 40% in Volatile Session

Adicon Holdings surged 16.88% to 7.48 HKD, while Paladin plunged 40% to 0.012 HKD. Nexion Technologies and King of Catering also saw notable movements in a volatile trading day.

Hong Kong’s stock market witnessed significant volatility, with sharp movements in several stocks dominating the session.

Adicon Holdings Ltd (9860) emerged as the top gainer, climbing 16.88% to close at 7.48 HKD. The tech-focused Nexion Technologies Ltd (8420) also saw a robust gain, up 14.29%, ending at 0.032 HKD.

On the downside, Paladin (495) recorded the steepest loss, tumbling 40% to 0.012 HKD. Similarly, Strong Petrochemical Holdings Ltd. (852) fell sharply by 34.83% to 0.116 HKD, reflecting bearish sentiment.

Sunny Side Up Culture Holdings Ltd (8082) experienced an 11.48% decline, closing at 0.054 HKD. King of Catering (Global) Holdings Ltd (8619) gained 4.17%, settling at 0.050 HKD, marking a modest increase in a turbulent market.

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The information provided is for informational purposes only and should not be considered investment advice. Always consult a qualified financial advisor before making investment decisions.