Hong Kong stocks surged on Saturday, with Sunday Fu (06168.HK) rising more than 7% to break through the top. International gold prices hit a new high and institutions said that the rise in gold prices will positively boost the profit margins of jewelry companies.

According to the Securities Times app, Zhou Shufu (06168.HK) surged more than 7% on Saturday, hitting a high of 53.75 Hong Kong dollars during trading, setting a new record. As of the time of publication, it was up 7.19% at 53.55 Hong Kong dollars, with a turnover of 58.2273 million Hong Kong dollars.