HK stocks anomaly | Zhonggan Communication (02545) fell over 14%, hitting a new low since listing, down nearly 70% from the IPO price.

China Gan Communication (02545) fell more than 14%, reaching a new low of HK$0.39 in the IPO, a drop of nearly 70% from the offer price of HK$1.25. As of press time, it fell 14.29% to HK$0.39 with a turnover of HK$12.3149 million.

Zhitong FinanceJul 10 22:55 ET

Hong Kong stocks movement | Zhonggan communication (02545) fell more than 19% in the afternoon, and has fallen more than 60% compared to the issue price after four days of listing.

In the afternoon, Zhonggan communication (02545) fell more than 19%, and it has fallen by more than 60% from the offer price of HK$1.25 in the first four trading days. As of the time of publication, it has fallen 17.27%, with a price of HK$0.455 and a turnover of HK$19.5349 million.

Zhitong FinanceJul 8 02:03 ET

Hong Kong stocks closed on July 5th with the Hang Seng Index down 1.27%. Technology and autos stocks are generally under pressure, while healthcare stocks rose in the afternoon.

According to the Zhītōng Cáijīng APP, the market awaits the release of US non-farm payrolls data for June tonight. The Hong Kong stock market opened slightly higher today before falling, weakly fluctuating throughout the day, and the Hang Seng Index once again fell below the 18,000 level. At the close, the Hang Seng Index fell 1.27%, or 228.67 points, to 17,799.61 points, with a total daily turnover of HKD 90.321 billion; the Hang Seng China Enterprises Index fell 1.37% to 6,382.27 points; and the Hang Seng Tech Index fell 1.45% to 3,596.8 points. Looking at the whole week, the Hang Seng Index has risen by 0.46%, the HSCI has risen by 0.8%, and the HSTI has risen by 1.19%. Guoyuan International pointed out that although

Zhitong FinanceJul 5 04:40 ET

HK Stocks | China Ganxin Communication (02545) fell more than 14%, with stock prices halved in three days of listing. The company has highly concentrated customers.

China Gan Communications (02545) fell more than 14%. The stock plummeted 46% on the first day of listing on Wednesday, and fell again today, hitting a low of 0.58 Hong Kong dollars, half of the IPO price. As of the time of writing, it has fallen 14.71%, with a price of 0.58 Hong Kong dollars and a turnover of 15.8555 million Hong Kong dollars.

Zhitong FinanceJul 5 02:44 ET

Hong Kong stock market closed (07.03) | Hang Seng Index rose by 1.18%, technology stocks and mainland real estate stocks strengthened. China Tourism Group Duty Free Corporation (01880) rose sharply by 12%.

Hong Kong stocks opened high today, and near noon, the three major stock indexes quickly rose. Among them, the Hengkong Index performed the strongest, rising by 2.7% at one point during the session.

Zhitong FinanceJul 3 04:44 ET

The new IPO ZhongGan Communication (02545) closed at HKD 0.67, which is 46.4% lower than the offering price.

Golden Financial News | Zhongganxin (02545) debuted at a closing price of HKD 0.67, 46.4% lower than the issue price. The total daily trading volume was 132 million shares, with a turnover of HKD 99.6471 million. Excluding transaction fees, the loss per board lot of 2,000 shares was HKD 1,160. The stock opened at HKD 0.76 this morning, 31.4% lower than the issue price, with a highest price of HKD 0.83 and a lowest price of HKD 0.65. Its latest total market value stands at HKD 429 million.

金吾財訊Jul 3 04:21 ET