0503.HK Lansen Pharma (HKSE) +40.94% on 13.96M vol intraday 24 Feb: trade signal

The intraday move in 0503.HK stock is led by a surge to HKD 1.79, up 40.94%, on 13,959,137 shares traded so far. This outsized volume is about 29.29x the average and pushed the share price to the day high and near the year high. Traders monitoring high volume movers should note the jump versus the 50-day average price of HKD 1.72 and 200-day average of HKD 1.55, which signals a sharp re-rating in Hong Kong healthcare names today.