Hong Kong stock market anomaly | Baidu Group-SW (09888.HK) rose more than 7% in the afternoon, reports say its subsidiary Kunlun Core plans to list in Hong Kong.

According to the Securities Times app, Baidu Group (09888.HK) saw a sharp rise in the afternoon, with an increase of more than 7% at one point. As of the time of writing, it has increased by 4.49% to 120.9 Hong Kong dollars, with a trading volume of 1.648 billion Hong Kong dollars.