Hong Kong stocks saw mixed performance as BLOKS Group Ltd’s shares skyrocketed by 1,114.48% to HKD 90.6, while WEIMOB Inc and CBK Holdings faced steep declines.
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Hong Kong’s stock market witnessed a mix of dramatic gains and significant losses on Thursday. BLOKS Group Ltd (D: 325) emerged as the day’s standout performer, soaring by an astonishing 1,114.48% to close at HKD 90.6. This unprecedented surge marked it as the highest volume stock on the exchange.
Conversely, WEIMOB Inc (D: 2013) recorded a sharp decline of 28.62%, ending at HKD 2.27, making it one of the most volatile stocks. Semiconductor Manufacturing International Corporation (D: 981) gained 5.09%, reaching HKD 33.05, while Xiaomi Corporation (D: 1810) saw a marginal drop of 0.44%, closing at HKD 33.6.
In the volatility segment, CBK Holdings Ltd (D: 8428) plummeted by 29.21% to HKD 0.63, and Sunac China Holdings (D: 1918) fell 21.14% to HKD 1.38. Meanwhile, NOIZ Group Ltd (D: 8163) displayed resilience with a 30.47% surge to HKD 0.167, defying broader market fluctuations.
Tencent Holdings Limited (D: 700), one of the highest volume stocks, saw a modest gain of 0.27%, closing at HKD 374.4, while Meituan (D: 3690) dropped by 1.8% to HKD 141.8.
Disclaimer: Stock market investments are subject to risks. This article does not constitute financial advice. Always consult a professional for investment decisions.