Hong Kong stocks soared | Oil and gas equipment stock Shandong Molong (00568.HK) surged more than 12%, with a cumulative increase of 1.6 times in the past three trading days.

According to the Wisdom Financial APP, Shandong Molong (00568.HK) surged more than 12%, but gave back more than 8% in early trading. The stock has been soaring on strong volume since June 13, and has accumulated a 1.6-fold increase over the past three trading days. As of the time of writing, it was up 12.5% at HK$6.03, with a trading volume of 2.024 billion Hong Kong dollars.