The Zhitong Finance App learned that Huaxing Capital Holdings (01911) rose rapidly in the afternoon, with the biggest short-term increase of about 14%. Recently, Fidelity continued to enter the market to increase its holdings of Huaxing Capital Holdings, and its shareholding ratio rose to 8.14%. This week, Damo maintained the company's “in sync with the market” rating, leaving the target price unchanged at HK$9.8. As of press release, Huaxing Capital Holdings rose 8.66% to HK$778, with a turnover of HK$62 million.
According to the latest data from the Stock Exchange, on February 14, Fidelity continued to increase its holdings of Huaxing Capital Holdings. On the same day, Fidelity bought 1.382 million shares, and its holdings rose to 8.14%. On January 5 of this year, Fidelity officially completed listing of Huaxing Capital Holdings. Since then, it has continued to increase its holdings several times. This week, Morgan Stanley said that it is expected that Huaxing Capital's stock price will fluctuate partially due to related news. It maintained its “in sync with the market” rating, leaving the target price unchanged at HK$9.8.