Stock market news : Reliance Global Holdings Leads Stock Losers with 22.03% Drop to 0.230 HKD

Reliance Global Holdings fell 22.03% to 0.230 HKD, topping the day’s losers. China General Education and Wuxi Life International also saw sharp declines of 20.53% and 17.65%, respectively.

As of 11:17 AM HKT, Hong Kong’s stock market recorded significant losses for several companies, with Reliance Global Holdings Ltd leading the decliners. The stock plummeted 22.03% to 0.230 HKD, reflecting bearish sentiment around the company.

China General Education Group Ltd was another major loser, sliding 20.53% to close at 1.20 HKD. Education-related shares faced pressure amid market concerns.

Wuxi Life International Holdings Group Ltd dropped by 17.65%, ending the day at 0.350 HKD, signaling challenges in the health and life sciences sector.

Sprocomm Intelligence Ltd experienced a 16.79% decline to 1.09 HKD, while Suncorp Technologies fell 15.75% to 0.123 HKD. Both stocks struggled to attract positive investor attention.

C Cheng Holdings Limited completed the top losers’ list, declining 14.29% to 0.360 HKD, showcasing challenges within the construction and design sectors.

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