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After recently experiencing a sharp decline, Yisou Technology surged over 45% today! What is the reason for this?
Recently, the dramatic rise and fall of recent ipo Yisou Technology (02550) on the Hong Kong Stock Exchange has attracted market attention.
Beishui trend | Beishui's net buy transaction amounted to 4.666 billion. Beishui sold Sunac (01918) and increased its position in Kuaishou (01024) by over 0.6 billion Hong Kong dollars after the performance report.
On November 21st in the Hong Kong stock market, northbound capital recorded a net buy of 4.666 billion Hong Kong dollars, with the Shanghai-Hong Kong Stock Connect net buy being 2.683 billion Hong Kong dollars and the Shenzhen-Hong Kong Stock Connect net buy being 1.983 billion Hong Kong dollars.
Hong Kong stocks anomalies | ESearch Technology (02550) rebounded by over 30% at one point after plummeting by over 80% in the previous two days. The company will face a massive amount of lifted restrictions at the beginning of next month.
Yisou Technology (02550) once rebounded by over 30%. The stock had previously experienced consecutive declines over two trading days, with a cumulative decline of over 80%. As of the time of writing, it is up by 23.38%, priced at 10.08 Hong Kong dollars, with a transaction volume of 0.271 billion Hong Kong dollars.
Easy Search Technology (02550) 'Crazy October': Behind the surge and plunge, the market will welcome the lifting of the 8.7 billion restriction.
In September, the company was included in the Hong Kong Stock Connect, which may have also helped boost the company's stock price to a certain extent.
Hong Kong stock market anomaly | Easy Search Technology (02550) surged more than 50%, its June IPO has been included in the Hong Kong Stock Connect.
IGG Technology's IPO issue price is 5.8 Hong Kong dollars per share, set at the bottom of the issuance range (5.8 Hong Kong dollars to 8 Hong Kong dollars), issuing 14.8 million shares, raising a net amount of 40.7 million Hong Kong dollars.
EASOU TECH: 2024 INTERIM REPORT
Andy-Lai : This stock plummeted so badly and then bounced back a little bit
Andy-Lai : Rising today.
Stock_Drift Andy-Lai : That’s tomorrow, here. Lol.