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Guotai Junan International's Hong Kong stock surges over 90% in early trading, but intraday gains drop to 30%

Summary: According to reports from Jinshi, Guotai Junan International (01788.HK) on the Hong Kong stock market surged over 90% in early trading, reaching a high of 7.02 Hong Kong dollars, an increase of approximately 460% from the closing price on June 24 of 1.24 Hong Kong dollars. However, the intraday gains have since dropped to 30%, ...

According to reports from Jinshi, Guotai Junan International (01788.HK) on the Hong Kong stock market surged over 90% in early trading, reaching a high of 7.02 Hong Kong dollars, an increase of approximately 460% from the closing price on June 24 of 1.24 Hong Kong dollars. However, the intraday gains have since dropped to 30%, now trading at 4.8 Hong Kong dollars.

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