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CHINA TRAVEL HK Rockets 23.5% Before Gains Narrow; GUOTAI JUNAN I Mounts ~3% w/ Active Trading
Recommend 56 Positive 91 Negative 42 |
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The HKD touched the weak-side convertibility undertaking, prompting the Hong Kong Monetary Authority (HKMA) to purchase $20 billion. Hong Kong stocks opened higher on the first trading day of 2H25. The HSI opened 232 points or 1% higher at 24,304 after the Hong Kong Special Administrative Region Establishment Day holiday, and its uptrend eased in the early session. The index picked up 173 points or about 0.7% to last at 24,246, with a turnover of $109.961 billion. Stocks that showed significant volatility last week continued to be speculated. CHINA TRAVEL HK (00308.HK) opened 0.7% higher before its gains rapidly expanded, and once rocketed 23.5% to a high of $1.84. Subsequently, its gains narrowed. The stock last printed at $1.68, up 12.75%, with a turnover of $1.066 billion. GUOTAI JUNAN I (01788.HK) once escalated 6.4% to a high of $3.65 in the early session, and last jumped up 2.62% to $3.52, with a turnover of $1.521 billion. AASTOCKS Financial News Website: www.aastocks.com |
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