Recently, the Shanghai and Shenzhen Stock Exchanges announced that Yunji and Jiangbolong (09976) have been included in Stock Connect, effective from yesterday. However, the stock showed little reaction yesterday, while today Yunji suddenly surged sharply, triggering the market volatility regulation mechanism (circuit breaker) at 10:04 a.m., entering a 5-minute cooling-off period.
Notably, Yunji was initially included in Stock Connect in early September but was removed again by the end of September, primarily because the company changed its board lot size from 500 shares to 100 shares. At that time, Yunji (Old) (02915) replaced it. Yesterday, Yunji (New), now with a board lot of 100 shares, was re-included. Currently, both stocks are part of the Stock Connect program.
At present, the Hang Seng Index stands at 24,014, up 228 points or 1%, with turnover of nearly HK$59.2 billion on the main board. The Hang Seng China Enterprises Index is at 8,074, up 63 points or 0.8%. The Hang Seng Tech Index is at 4,126, up 52 points or 1.3%.
| Stock (Code) | Current Price (HK$) | Change (%) |
|---|---|---|
| Yunji (New) (02670) | 9.155 | Up 56.50% |
| Jiangbolong (09976) | 188.9 | Down 0.37% |
