Hong Kong stock market anomaly | Contemporary Amperex Technology Co. Ltd. (03750.HK) surged over 7%, with the company's A shares also rising over 12%. Institutions pointed out that its valuation is much lower than its international counterparts.

According to the Wise Financial APP, Contemporary Amperex Technology Co. Ltd. (03750.HK) surged over 7%, with its A-shares rising over 12%. As of the time of publication, it rose 7.32% to 437 Hong Kong dollars, with a trading volume of 1.782 billion Hong Kong dollars.