<IPO> INNOGEN-B(02591.HK) Closes Up 199.3% to $55.9 at Midday
Stock Performance: INNOGEN-B (02591.HK) debuted at $72, a 285.4% increase from its listing price of $18.68, and closed midday at $55.9, up 199.3% with a trading volume of 12.06 million shares.
Market Activity: The stock peaked at $74 and bottomed at $49.5 during the trading session, with a total turnover of $746.93 million.
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Midday Update: HSI Rises by 290 Points; HSTI Gains 11 Points; HANG LUNG PPT Falls Over 4%; ZIJIN MINING, HSBC HOLDINGS, CHINAHONGQIAO, WH GROUP, and CLP HOLDINGS Reach New Peaks
Market Performance: The HSI rose by 290 points (1.1%) to 27,055, while the HSTI and HSCEI also saw gains, closing at 5,737 and 9,226 respectively.
Active Heavyweights: Notable stock movements included BABA (+2.2%), PING AN (+1.9%), and TENCENT (+1.1%), while MEITUAN experienced a slight decline of 0.5%.
Constituents on the Move: ZIJIN MINING saw a significant increase of 4.1%, while HANG LUNG PPT dropped by 4.4%. Other notable gainers included AIA (+3.5%) and HSBC (+2%).
HSMI & HSSI Highlights: ADICON HOLDINGS surged by 27.8%, while FANGZHOU JIANKE fell sharply by 18.8%. ZONQING LTD and INNOGEN also posted strong gains of 18.4% and 12.8%, respectively.
Midday Update: HSI Ends at 25,325, Dropping 109 Points; HSTI at 5,516, Down 37 Points; OOIL Falls More Than 4%
Market Performance: The HSI dropped 109 points (0.4%) to 25,325, while the HSTI and HSCEI also saw declines of 0.7% and 0.5%, respectively.
Active Heavyweights: Notable movements included MEITUAN (+1.2%), BABA (+0.6%), and TENCENT (-1.0%), with significant short selling activity across these stocks.
HSI & HSCEI Constituents: OOIL and CM BANK experienced significant declines of 4.9% and 3.8%, respectively, while WH GROUP rose by 3.5%.
HSMI & HSSI Constituents: INNOGEN saw a remarkable increase of 18% in its stock price, closing at $37.94.
