Stock market news : Jingrui Holdings Surges 52.17%, Lippo Ltd Plummets 55.96% in Hong Kong Stock Market Volatility

Jingrui Holdings surged 52.17%, while Lippo Ltd dropped 55.96%, showcasing high volatility in the Hong Kong stock market. Tencent remained the highest traded stock at HKD 370.4, up 0.22%.

Hong Kong’s stock market exhibited significant movement, with notable volatility seen in select equities. Jingrui Holdings Limited (1862) recorded a remarkable rise of 52.17%, trading at HKD 0.035, leading the market in gains. Meanwhile, Lippo Ltd (226) experienced the steepest drop, falling 55.96% to HKD 0.480.

Universal Health International Group Holdings Ltd (2211) followed as a top gainer, jumping 21.78% to HKD 0.123, while Xinming China Holdings Limited (2699) surged 46.15% to HKD 0.019. Fangzhou Inc (6086), however, saw a downward trend, losing 20.58%, trading at HKD 1.93.

In terms of volume, Tencent Holdings Limited (700) remained the highest traded stock, with shares priced at HKD 370.4, reflecting a modest increase of 0.22%. Semiconductor Manufacturing International Co (981) also attracted attention, rising 4.95% to HKD 33.95.

The performance of Meituan (3690) and Xiaomi Corporation (1810) was mixed. Meituan dropped 3.78% to HKD 134.8, while Xiaomi Corporation fell 1.49% to HKD 33.05. Hong Kong Exchanges & Clearing (388) experienced a 1.72% decline, closing at HKD 274.8.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Market data is based on the provided information.