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LAOPU GOLD Spikes 10% in Early Trading; IFBH Debuts with 50% Surge; CHINA TRAVEL HK and CITYCHAMP Shrink
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New consumption “star stocks” and stocks with immense fluctuations listed in Hong Kong were under the spotlight last week. LAOPU GOLD (06181.HK) saw its second major shareholder lock-up period expire, opening 2% higher this morning and quickly expanding its gains, peaking at HKD978. It last traded at HKD974.5, up 11.12%, with a turnover of 926,200 shares, amounting to HKD872 million. Separately, POP MART (09992.HK) last posted at HKD260.8, up 1.16%, with a turnover of HKD727 million. MIXUE GROUP (02097.HK) last printed at HKD513, up 1.08%, with a turnover of HKD47.4387 million. Notably, the coconut water brand “if” parent company, Thai beverage maker IFBH (06603.HK), which was oversubscribed by over 2,680 times in its Hong Kong public offering, debuted today, opening at HKD43.9, above its listing price of HKD57.9. It last stood at HKD42.85, 54.1% above its listing price of HKD27.8, with a turnover of HKD1.096 billion. CHINA TRAVEL HK (00308.HK), which experienced radical price fluctuations last week, opened flat today and then tapered off, bottoming at HKD1.39. It last traded at HKD1.4, down 5.41%, with a turnover of HKD117 million. CITYCHAMP (00256.HK), which surged last Friday (27th), saw its stock price retreat this morning, currently at HKD0.455, down 15.74%, with a turnover of 448 million shares, amounting to HKD208 million. AASTOCKS Financial News Website: www.aastocks.com |
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