Hong Kong Stocks Closed Mixed, Shandong Molong Surged 188%; Chifeng Gold Rose 12%; Chabaidao Rose 11%

Market Watcher

2025/05/06

On May 6, 2025, the Hong Kong stock market closed with mixed results. The Hang Seng Index rose by 0.70%, while the Hang Seng Tech Index slightly declined by 0.09%.

SHANDONG MOLONG surged by 188.51% after being included in the Shenzhen-Hong Kong Stock Connect program. The stock's inclusion was announced by the Shenzhen Stock Exchange, leading to a significant increase in trading volume and a new high in stock price since January 2022.

Chifeng Gold rose 12%; Chabaidao rose 11%; Nongfu Spring rose 7%; Chou Tai Fook rose 5.6%; Meituan rose 4.5%; Mixue rose 3.4%; Alibaba and Tencent up 1%.

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