Kingboard Holdings Hits 52-Week High, Up 5.26%

Kingboard Holdings Limited (148.HK) surged 5.26% during regular trading hours, reaching a new 52-week high at HK$68.50. The stock opened at HK$65.60 and traded between HK$65.60 and HK$69.10, with a trading volume of 14.698 million shares.

On the news front, the Hang Seng Index rose 275 points in the half-day session, closing at 25,281 points, with a turnover of HKD 194.1 billion. The pharmaceutical sector performed well, with Innovent Bio rising 10.15%. Kingboard Holdings was among the active stocks hitting new highs, reflecting positive sentiment in the market.