Hong Kong stocks witnessed a mixed response as several companies saw significant gains, while others experienced sharp declines. Huitongda Network Co. Ltd. (9878) emerged as the top gainer, surging 19.23% to HKD 16.74. Investors showed strong confidence in the company, leading to its impressive upward trajectory.
Other notable gainers included China Biotech Services Holdings Ltd. (8037), which rose 16.88% to HKD 0.450, and Grand Talents Group Holdings Ltd. (8516), which climbed 15.13% to HKD 0.137. Meanwhile, Shanghai Jiaoda Withub Information (8205) increased by 14.89% to HKD 0.270, and Prosper Construction Holdings Ltd. (6816) advanced 14.44% to HKD 0.103.
On the losing side, China Ever Grand Fin Leasing Group Co. (379) led the declines, falling 9.84% to HKD 0.110. Similarly, Everbright Grand China Assets Ltd. (3699) dropped 9.80% to HKD 0.460, while Dida Inc. (2559) lost 8.70% to HKD 1.47.
The auto sector also saw some weakness, with Optima Automobile Group Holdings Ltd. (8418) falling 8.65% to HKD 0.475, and Auto Italia Holdings Limited (720) declining 7.73% to HKD 0.203.
The Hong Kong stock market remains volatile, with strong performances in biotech and infrastructure, while financial leasing and auto-related stocks saw declines. Investors are closely monitoring market trends for further developments.
Disclaimer: Stock market investments are subject to risks. This report is for informational purposes only and does not constitute financial advice.