Hong Kong stocks narrowed their gains in the afternoon, with several newly listed stocks plummeting sharply. Dongfang Ke…
Mainland A-shares' three major indices turned down in the afternoon, with the Shanghai Composite Index currently down 0.7% at 4,007 points. The Shenzhen Component Index and the ChiNext Index fell approximately 1.9% and 3.9%, respectively, at 15,106 and 3,861 points. The Hang Seng Index opened high this morning (10th) with a gain of 183 points, reaching a high of 24,499 points, but narrowed its gains in the afternoon due to the drag from A-shares, currently reported at 24,265 points, up 235 points or nearly 1%.
Several newly listed stocks have significantly declined. QIYUNSHAN FOOD (02797.HK), which was listed yesterday (9th), is currently at HKD 14.16, down 32.57%, with a transaction volume of HKD 19.1935 million. The stock's listing price was HKD 8.
Similarly, DKE (01770.HK), also listed yesterday, is currently at HKD 56.1, down 29.87%, with a transaction volume of HKD 23.598676 million. The stock's listing price was HKD 78.64.
RECONOVA (07656.HK), a mainland visual intelligence AI company listed the day before yesterday (8th), is currently at HKD 18.72, down 18.61%, with a transaction volume of HKD 96.7745 million. The stock's issue price was HKD 21.66.
CREALIGHTS (01191.HK), listed on June 29th, is currently at HKD 148.1, down 20.93%, with a transaction volume of HKD 99.6979 million. The stock's listing price was HKD 114
