No Data
No Data
Here's Why We Think Kinetic Development Group (HKG:1277) Might Deserve Your Attention Today
HK stocks volatility | Kinetic Development (01277) rose nearly 9% in the afternoon to a new high, up nearly 35% since listing. Recently acquired 51% stake in coal mine stock MC.
Kinetic dev (01277) rose nearly 9% in the afternoon and hit a new high of HK$1.48, with a cumulative increase of nearly 35% since the company entered the list of Hong Kong Stock Connect. As of the time of writing, it has increased by 8.82%, to HK$1.48, with a trading volume of HK$30.8405 million.
Hong Kong stocks are showing abnormal movement, and coal stocks continue to rebound. With the coming of the peak season, it is expected to drive the price of coking coal back to an upward trend. The sector still has prominent defensive attributes.
The coal industrial concept continues its rebound trend, as of the release, Southgobi (01878) rose by 12.12%, to 2.59 Hong Kong dollars; China Qinfa (00866) rose by 4.35%, to 1.2 Hong Kong dollars; China Coal Energy (01898) rose by 4.33%, to 8.91 Hong Kong dollars; Kinetic Dev (01277) rose by 3.68%, to 1.41 Hong Kong dollars.
Kinetic Development Group Limited's (HKG:1277) Subdued P/E Might Signal An Opportunity
Kinetic Development Added to Shanghai-Hong Kong, Shenzhen-Hong Kong Stock Connect
Hong Kong stocks surge | Kinetic Development (01277) rose nearly 23% in early trading, and the company officially entered the Hong Kong stock connect list. Recently acquired 100% equity of Seedlife.
Kinetic dev (01277) surged nearly 23% in early trading. As of the time of writing, it has risen 21.82% to HKD 1.34, with a trading volume of HKD 25.4514 million.
No Data
No Data