Hong Kong stocks surge: HaoFeng International (01308.HK) opens more than 6% higher, with first-quarter revenue up nearly 39% year-on-year. Institutions say Asian freight rates may exceed expectations.

According to the Wisdom Financial APP, Haitong International (01308.HK) opened more than 6% higher after its performance announcement, rising 6.23% to 21.3 Hong Kong dollars as of the time of publication, with a transaction volume of 2.5146 million Hong Kong dollars.