Hong Kong stocks in unusual movement | Basic Semiconductor (09971.HK) rose nearly 9% intraday to hit a new all-time high. Starting from the third quarter, prices of some products will be increased by no more than 25%.

According to the Wise Money Financial News App, Basic Semiconductor (09971.HK) has risen by nearly 9% in intraday trading to a high of HK$48, hitting a new historical high. As of the time of writing, it has increased by 4.07% to HK$46 with a trading volume of HK$41.3561 million.