Hong Kong Stocks Hit 52-Week Highs and Lows on January 23

Stock News
01/23

As of the market close on January 23, a total of 116 stocks reached new 52-week highs. Laiming International (03688), Dashen Holdings (01580), and Tianchen Holdings (01201) led the pack with the highest percentage gains, at 46.27%, 38.71%, and 30.00% respectively. The top performers in the 52-week high category included Fengsheng Holdings (00607) with a 22.94% gain, Junda Co., Ltd. (02865) up 21.97%, and Weigong Holdings (01793) rising 21.54%. Other notable stocks achieving new highs were China Daye Non-Ferrous Metals Mining (00661), Shengyuan Holdings (00851), and JBB BUILDERS (01903), with gains of 21.32%, 20.00%, and 19.87% respectively. Zhihui Mining (02546) and GUANZE MEDICAL (02427) also saw significant increases, climbing 19.69% and 17.65%. Shenyang Public Utility Development (00747), Hengdeli (03389), and Yingpu Precision (01286) rounded out the list of strong performers with gains of 13.68%, 12.94%, and 12.91%. On the opposite end of the spectrum, a number of stocks fell to new 52-week lows. Dongguang Chemical (01702) experienced the most severe decline, plummeting 45.49%. Jiayi Holdings Equity (02999) and Hengwei Group Holdings (08219) also saw substantial drops, falling 28.57% and 24.06% respectively. CIFI Holdings (00884) and METALIGHT (02605) were among the other significant decliners, with losses of 21.00% and 11.36%. Agile Group (03383), Hongxing Cold Chain (01641), and Country Garden (02007) recorded declines of 9.62%, 6.05%, and 5.66%. The list of stocks hitting new lows also included R&F Properties (02777), Baofa Holdings (08592), and Feida Holdings (01100), with decreases of 5.15%, 4.35%, and 4.00%.

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