Reported about 1 year ago
XunZhou (3047) stock surged again today and is approaching the 40 yuan threshold, marking a more than 160% increase in just over a month. The momentum of the internet communication sector is strong, with XunZhou, which has been recently listed as a stock under observation, hitting the daily limit up. Its subsidiary, Kangquan, has a significant impact on revenue, with over 70,000 trades and over 28,000 buy orders today. The stock market in Taiwan also hit a new high, with an increase of 196 points, closing at 23,406 points. XunZhou's revenue, boosted by Kangquan's entry into the Indian market, has been flourishing recently, with substantial growth in revenue for both companies.
Source: YAHOO