Stock market anomaly: New World Development (00017.HK) soars by more than 11%; foot traffic at its K11 MUSEA mall increases; new exhibitions to be launched in August as a catalyst.

According to the Wise Financial APP, New World Development (00017.HK) surged by more than 11%, as of the time of reporting, rising by 11.42% to 7.22 Hong Kong dollars, with a trading volume of 3.54 billion Hong Kong dollars.