Hong Kong stocks surged | Extraordinary Leading Edge (00933.HK) rose more than 15% in the afternoon, with the company spending HK$455 million to further increase its stake in Li Ning (02331.HK).

According to the CITIC Financial News App, Unprecedented Holdings (00933.HK) rose more than 15% in the afternoon, up 9.62% as of press time, reaching 0.57 Hong Kong dollars, with a turnover of 11.2337 million Hong Kong dollars.