Hong Kong stock anomaly | Kingsoft Corporation Ltd. (03888.HK) surged over 10% in the afternoon, Xiaomi Group publicly increased its holdings in Kingsoft Corporation Ltd., bringing its ownership to 5.39%.

According to the Securities Times APP, Kingsoft Corporation (03888.HK) rose more than 10% in the afternoon, up 9.92% as of the time of publication, to 24.38 Hong Kong dollars, with a turnover of 640 million Hong Kong dollars.