---
title: "Hong Kong Stock Movement: RIVERINE CHINA resumes trading and surges 102.38%, with expectations of a change in control igniting market enthusiasm"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286837946.md"
description: "RIVERINE CHINA surged 102.38%; Binjiang Services fell 0.79%, with a transaction amount reaching HKD 151,400; Zhongke Group Holdings - new transaction amount reached HKD 30,400; Tuhu-W rose 0.43%, with a transaction amount reaching HKD 5,578; Changjiu Co., Ltd. has a market value of HKD 780 million"
datetime: "2026-05-19T01:31:54.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286837946.md)
  - [en](https://longbridge.com/en/news/286837946.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286837946.md)
---

# Hong Kong Stock Movement: RIVERINE CHINA resumes trading and surges 102.38%, with expectations of a change in control igniting market enthusiasm

**Hong Kong Stock Movement**

RIVERINE CHINA surged 102.38%. Based on recent key news:

1.  On May 19, RIVERINE CHINA's stock price rose sharply after resuming trading, as the company signed a memorandum of understanding with an independent third party, potentially selling approximately 300 million shares, accounting for 74.08% of the company's issued share capital. This news triggered market expectations of a change in company control, driving the stock price up. Source: Zhitong Finance
    
2.  On May 18, the company announced that the board of directors noted unusual fluctuations in the stock price and confirmed that, apart from disclosed information, it was unaware of any other reasons for the fluctuations. This announcement stabilized market sentiment, further supporting the rise in stock price. Source: Zhitong Finance
    
3.  On May 19, RIVERINE CHINA resumed trading, and the market's positive expectations for potential transactions continued to drive the stock price up. Source: Zhitong Finance. The Hong Kong stock market has recently seen increased volatility, and risks should be monitored.
    

**Stocks with High Trading Volume in the Industry**

Binjiang Service fell 0.79%, with a trading volume of HKD 151,400, and no significant news recently. Trading is active, and fund flows are evident. Considering the sector and industry trends, this stock shows significant volatility, and specific reasons need further observation.

Zhongke Group Holdings - New reached a trading volume of HKD 30,400, with no significant news recently. Trading is active, and fund flows are evident. Considering the sector and industry trends, this stock shows significant volatility, and specific reasons need further observation.

Tuhu-W rose 0.43%, with a trading volume of HKD 5,578, and no significant news recently. Trading is active, and fund flows are evident. Considering the sector and industry trends, this stock shows significant volatility, and specific reasons need further observation.

**Stocks with High Market Capitalization in the Industry**

Changjiu Co., Ltd. has a market capitalization of HKD 780 million, with no significant news recently. Trading is active, and fund flows are evident. Considering the sector and industry trends, this stock shows significant volatility, and specific reasons need further observation

### Related Stocks

- [01417.HK](https://longbridge.com/en/quote/01417.HK.md)
- [03316.HK](https://longbridge.com/en/quote/03316.HK.md)
- [03321.HK](https://longbridge.com/en/quote/03321.HK.md)
- [09690.HK](https://longbridge.com/en/quote/09690.HK.md)
- [06959.HK](https://longbridge.com/en/quote/06959.HK.md)

## Related News & Research

- [China Travel International Expands Tourism Footprint with New Resorts and Qinghai Joint Venture](https://longbridge.com/en/news/286671362.md)
- [ROI-Sulfur squeeze piles more pressure on Indonesian nickel sector: Andy Home](https://longbridge.com/en/news/286434529.md)
- [RUBBER-Japan futures struggle for direction on higher oil prices](https://longbridge.com/en/news/286704022.md)
- [KE Holdings Adds Language Details for May 19 Earnings Call](https://longbridge.com/en/news/286579398.md)
- [14:19 ETBybit Launches XUSD Earn Campaign Offering a Competitive APR and 65,000 XUSD Rewards Pool](https://longbridge.com/en/news/286806620.md)