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Mexan Limited (HK:22) led stock gainers with a 67.90% jump, while Black Sesame International Holdings (HK:2533) tumbled 38.79%. The Hong Kong stock market saw a mixed response, with notable volatility.
Hong Kong’s Hang Seng Index gained 1.46% to 21,443.10 HKD, with the Hang Seng TECH Index rising 1.99% as tech stocks led gains. The market showed an upward trajectory amid cautious optimism.
Hong Kong's stock market saw a mix of gains and losses, with CHK Oil Ltd (632.HK) rising 17.89% to HKD 0.560, while Dragon Rise GP Holdings Ltd (6829.HK) dropped 16.94% to HKD 1.03.
Lenovo Group Limited (992.HK) saw a 3.42% rise, closing at HKD 10.88, marking the highest percentage gain among high-volume stocks. Kuaishou Technology also advanced, while Tencent and Xiaomi declined.
Chinese tech stocks showed a mixed response as ZTE Corp surged 6.73% to CNY 42.67, while Zhongji Innolight fell 14.23%. Investors closely watched market trends amid ongoing fluctuations.
Singapore's stock market witnessed sharp volatility as CapAllianz dropped 50% to SGD 0.001, while Asian Micro surged 33.33% to SGD 0.004. Other stocks saw mixed responses.
China Banking Corporation (CBC) surged 38.91% to PHP 93.00, while Ayala Land, Inc. (ALI) dropped 8.98% to PHP 22.30 in a mixed trading session.
China Banking Corporation (CBC) saw a sharp rise of 38.91%, leading the market's most volatile stocks, while Alliance Global Group Inc. (AGI) and San Miguel Corporation (SMC) plunged 20%.
China Banking Corporation (CBC) led stock gainers with a 38.91% surge, while San Miguel Corporation (SMC) plunged 20% in a volatile trading session on the Philippine Stock Exchange.
The Hang Seng China Enterprises Index closed at 7,382.13 HKD on January 28, reflecting a 0.01% loss. Over the past year, it gained 38.13%, but declined by 29.28% over five years.
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