[ET Net News Agency, 7 December 2022] CKLIFE SCIENCES (00775) rose 22.86% to HK$0.86.
It recorded a turnover of 15.54 million shares of HK$12.12m. It hits an intra-day high of
HK$0.86, rewriting a new 1-month high, and an intra-day low of HK$0.7. It triggered the
Volatility Control Mechanism (VCM) at 9:56a.m., putting it on a 5-minute cooling-off
period, with trading price range limiting between HK$0.58 and HK$0.86. The cooling-off
period ends at 10:01a.m.
CKLIFE SCIENCES is a constituent of the Hang Seng Composite SmallCap Index. When its
share price fluctuates more than 20% compared to the last trading price five minutes ago,
the VCM is triggered. VCM offers a cooling-off period of 5 minutes for the market and
limits the trading price range. It then resumes normal trading. VCM is only applicable to
the continuous trading session (CTS), excluding the first 15 minutes of the morning and
afternoon trading session, and the last 15 minutes of the afternoon trading session.
The Hang Seng Index now rose 78 points, or 0.4% to 19,519; the Hang Seng China
Enterprises Index now rose 31 points, or 0.47% to 6,684; the Hang Seng TECH Index now rose
58 points, or 1.4% to 4,219; with an overall turnover of HK$29.69b.
The SSE Composite Index now fell 10 points, or 0.31% to 3,202, with an overall turnover
of RMB90.83b.
The SZSE Component Index now rose 17 points, or 0.15% to 11,415, with an overall
turnover of RMB57.54b. (ed)