{"id":43582,"date":"2025-02-04T07:45:07","date_gmt":"2025-02-04T02:15:07","guid":{"rendered":"https:\/\/www.businessupturn.com\/asia\/?p=43582"},"modified":"2025-02-04T07:45:07","modified_gmt":"2025-02-04T02:15:07","slug":"stock-market-news-gds-holdings-surges-19-63-as-sino-ocean-and-many-idea-cloud-also-climb","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/asia\/east-asia\/china\/stock-market-news-gds-holdings-surges-19-63-as-sino-ocean-and-many-idea-cloud-also-climb\/43582\/","title":{"rendered":"Stock market news : GDS Holdings Surges 19.63% as Sino-Ocean and Many Idea Cloud Also Climb"},"content":{"rendered":"<p>Hong Kong\u2019s stock market saw an upward trajectory today, led by technology and financial firms. GDS Holdings Ltd (9698) was the top gainer, surging <strong>19.63%<\/strong> to close at <strong>HKD 25.90<\/strong>. This significant increase reflects renewed investor confidence in the company\u2019s digital infrastructure services.<\/p>\n<p>Sino-Ocean Group Holdings Ltd (3377) followed with an <strong>18.18%<\/strong> rise to <strong>HKD 0.260<\/strong>, signaling optimism in the real estate sector. Many Idea Cloud Holdings Ltd (6696) also experienced a sharp uptick of <strong>16.67%<\/strong>, closing at <strong>HKD 0.280<\/strong>, driven by market speculation about potential expansion plans.<\/p>\n<p>Other notable gainers included <strong>China Rongzhong Financial Holdings Co Ltd (3963)<\/strong>, which climbed <strong>16.67%<\/strong> to <strong>HKD 0.70<\/strong>, and <strong>Canbridge Pharmaceuticals Inc (1228)<\/strong>, which saw a <strong>16.06%<\/strong> rise to <strong>HKD 0.159<\/strong>. <strong>Fameglow Holdings Ltd (8603)<\/strong> rounded out the top performers with a <strong>15.62%<\/strong> gain to <strong>HKD 0.74<\/strong>.<\/p>\n<p>On the downside, <strong>Ernest Borel Holdings Limited (1856)<\/strong> led the losers, dropping <strong>15.56%<\/strong> to <strong>HKD 1.14<\/strong>. <strong>Madison Holdings Group Ltd (8057)<\/strong> followed with a <strong>15.00%<\/strong> decline, closing at <strong>HKD 0.136<\/strong>. <strong>Xingda International Holdings Ltd (1899)<\/strong> slipped <strong>11.49%<\/strong> to <strong>HKD 1.31<\/strong>, while <strong>C-Link Squared Ltd (1463)<\/strong> fell <strong>12.28%<\/strong> to <strong>HKD 0.250<\/strong>.<\/p>\n<p><em>Disclaimer: The above report is for informational purposes only and does not constitute financial advice. Investors should conduct their research before making any decisions.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong stocks saw notable gains, with GDS Holdings (9698) soaring 19.63% to HKD 25.90. Sino-Ocean Group (3377) rose 18.18%, while Many Idea Cloud (6696) gained 16.67%. Meanwhile, Ernest Borel Holdings (1856) declined 15.56%.<\/p>\n","protected":false},"author":386,"featured_media":7805,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-43582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-china"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/43582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/users\/386"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/comments?post=43582"}],"version-history":[{"count":2,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/43582\/revisions"}],"predecessor-version":[{"id":43584,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/43582\/revisions\/43584"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media\/7805"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media?parent=43582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=43582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=43582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}