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2 Major Optical Communication Stocks Break Ceiling on High Turnover; CIG Rockets 23%, YOFC Soars 17%
Recommend 11 Positive 19 Negative 9 |
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With the market awaiting developments in the geopolitical situation in Iran, the HSI last shed 325 points or 1.2% to 26,162 after midday today (22nd), with a turnover of $203.707 billion. Two major optical communication concept stocks were speculated against the market trend, both ranking among the top 10 most active Hong Kong stocks by turnover. CIG (06166.HK) opened 1.5% lower before hiking, and once ascended to an all-time high of $157.8 after midday. It rocketed 23.31% to last at $155, with 20.7474 million shares traded, involving $2.897 billion. CIG's A-shares closed up 6.8% at RMB172.18. YOFC (06869.HK) opened 0.6% higher before its gain expanded, and peaked at $248, a historical high, after midday. The stock last printed at $247.4, soaring 17.25%, with 27.3965 million shares traded, involving $6.374 billion. Its A-share, YANGTZE OPTICAL FIBRE (601869.SH), shot up 8% to close at RMB412. Auto-translated by AI AASTOCKS Financial News |
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