Pre-market top loser 2211.HK down 83% to HK$0.87 on HKSE: watch HK$0.76 support
2211.HK stock opened pre-market as one of Hong Kong’s top losers after a sharp gap down to HK$0.87, a decline of 83.11% from the prior close of HK$5.15. Volume surged to 14,215,000 shares versus an average of 1,614,497, signalling extreme short-term selling pressure. The move left the share price close to its year low of HK$0.76 and well below the 50-day average of HK$2.14. Traders should treat intraday volatility and liquidity spikes as primary drivers until company news clarifies the drop
Continue Reading on Meyka
This article is available in full on our main platform. Get access to complete analysis, stock insights, and more.
Read Full Article →