Golden Horse September 23｜Kinetic Dev (1277.HK) continues to rise strongly, soaring by nearly 9% in the afternoon to a new high of 1.48 Hong Kong dollars, with a cumulative increase of 275% so far this year, and a total market value of 12.3 billion Hong Kong dollars. In terms of news, Kinetic Dev has been included in the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect securities, both effective from September 10, 2024. It is worth mentioning that Kinetic Dev announced at the end of August that it has subscribed to 90 million US dollars for the IPO of MCMINING listed in Australia and Johannesburg, holding a 51% stake, making MC its non-wholly-owned subsidiary, with MC's financial performance being consolidated.
港股异动 | 力量发展午后涨约9%再创新高 年内累计飙升275%
Hong Kong stocks surged in the afternoon, with kinetic dev rising by about 9% to a new high, soaring 275% year-to-date.
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