Stock Market Movement: King Hong Holding (02603.HK) opened more than 13% higher, with an expected year-on-year increase in net profit of 55% to 65% in the first three quarters.

According to the Securities Times APP, Geely Holdings (02603.HK) opened more than 13% higher, rising 13.65% to 20.4 Hong Kong dollars as of the time of publication, with a turnover of 2007.36 million Hong Kong dollars.