Unusual movement in Hong Kong stock | Huahong HL (01347.HK) rose more than 8% in morning trading, obtaining approval from the China Securities Regulatory Commission to issue shares to acquire 97.4988% equity of Huawei Micro.
According to the Wisdom Financial APP, Huahong Hongli (01347.HK) surged over 8% in the morning session, rising 8.22% to HK$201.4 by the time of publication, with a turnover of HK$3.763 billion.
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