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RTNominal down0.360 -0.010 (-2.703%)

16/04/2024 13:38

{Hot Stocks}SINO-OCEAN GP (03377) triggers VCM, up 14%

[ET Net News Agency, 16 April 2024] SINO-OCEAN GP (03377) rose 14% to HK$0.285. It
recorded a turnover of 71.11 million shares of HK$17.01m. It hits an intra-day high of
HK$0.285, and an intra-day low of HK$0.223, rewriting a new 52-week low. It triggered the
Volatility Control Mechanism (VCM) at 1:38p.m., putting it on a 5-minute cooling-off
period, with trading price range limiting between HK$0.192 and HK$0.285. The cooling-off
period ends at 1:43p.m.
SINO-OCEAN GP 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. (ed)

Remark: Real time quote last updated: 23/07/2024 17:59
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