1959.HK Centenary United (HKSE) down 35% pre-market 19 Mar 2026: catalyst check
1959.HK stock plunged 35.12% pre-market to HK$2.90 on heavy volume, making Centenary United one of Hong Kong’s top losers at the open. The move followed an aggressive intraday gap from an open of HK$4.33 and pushed trading to a day low of HK$2.80 on volume of 3,180,000 shares. Investors are re-pricing risk in this auto-dealership operator amid weak margins and stretched valuation metrics.
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