Stock market news : Chaoda Modern Agriculture Surges 2,120%; Transtech Optelecom Drops 24.05%

The Hong Kong stock market saw a mixed response as Chaoda Modern Agriculture Holdings skyrocketed 2,120%, while Transtech Optelecom Sci Holdings plunged 24.05%, showcasing significant volatility.

The Hong Kong stock market experienced a day of extremes with both remarkable gains and steep losses. Leading the upward trajectory, Chaoda Modern Agriculture Holdings (stock code: 2925) surged an astounding 2,120% to close at HKD 0.220, grabbing investor attention with its unprecedented rise. Following closely behind was Far East Holdings International Ltd (stock code: 2923), jumping 199.15% to HKD 0.350.

Other significant gainers include Amasse Capital Holdings Ltd (stock code: 8168), which climbed 61.97% to HKD 0.115, and Mediwelcome Healthcare Management & Technology (stock code: 2159), gaining 35.63% at HKD 0.590. Additionally, China Automotive Interior Decoration (stock code: 48) and Centenary United Holdings Ltd (stock code: 1959) advanced 34.78% and 31.82%, respectively.

Conversely, the biggest loser of the day was Transtech Optelecom Sci Holdings Ltd (stock code: 9963), tumbling 24.05% to close at HKD 0.300. Other stocks facing sharp declines include Synagistics Ltd (stock code: 2562), dropping 20.37% to HKD 32.65, and Carry Wealth Holdings (stock code: 643), sliding 19.48% to HKD 0.310.

Disclaimer: The above information is for informational purposes only and does not constitute financial advice. Stock investments involve risks; readers should consult professionals before making decisions.