Hong Kong’s stock market saw an upward trajectory today, led by technology and financial firms. GDS Holdings Ltd (9698) was the top gainer, surging 19.63% to close at HKD 25.90. This significant increase reflects renewed investor confidence in the company’s digital infrastructure services.
Sino-Ocean Group Holdings Ltd (3377) followed with an 18.18% rise to HKD 0.260, signaling optimism in the real estate sector. Many Idea Cloud Holdings Ltd (6696) also experienced a sharp uptick of 16.67%, closing at HKD 0.280, driven by market speculation about potential expansion plans.
Other notable gainers included China Rongzhong Financial Holdings Co Ltd (3963), which climbed 16.67% to HKD 0.70, and Canbridge Pharmaceuticals Inc (1228), which saw a 16.06% rise to HKD 0.159. Fameglow Holdings Ltd (8603) rounded out the top performers with a 15.62% gain to HKD 0.74.
On the downside, Ernest Borel Holdings Limited (1856) led the losers, dropping 15.56% to HKD 1.14. Madison Holdings Group Ltd (8057) followed with a 15.00% decline, closing at HKD 0.136. Xingda International Holdings Ltd (1899) slipped 11.49% to HKD 1.31, while C-Link Squared Ltd (1463) fell 12.28% to HKD 0.250.
Disclaimer: The above report is for informational purposes only and does not constitute financial advice. Investors should conduct their research before making any decisions.