HK Stock Movement | Xiaocaiyuan (00999.HK) once rose over 9%, with its share price hitting a more than 7-month high; Shenwan Hongyuan gave a target price of HK$10.

Zhitong Finance APP has learned that Xiaocaiyuan (00999.HK) opened higher and moved upward today, once rising more than 9% to a high of HK$8.75, a new high since early February this year. The stock recorded two block trades before the market opened this morning totaling 14.59 million shares at HK$8.5 per share, 6.1% higher than the previous day's closing price, involving HK$124 million. As of press time, it was up 8.55% at HK$8.695, with a turnover of HK$147 million.