[ET Net News Agency, 22 January 2024] GAUSH MEDITECH (02407) rose 29.9% to HK$35. It
recorded a turnover of 39,500 shares of HK$1.13m. It hits an intra-day high of HK$35, and
an intra-day low of HK$26.35. It triggered the Volatility Control Mechanism (VCM) at
3:38p.m., putting it on a 5-minute cooling-off period, with trading price range limiting
between HK$23.6 and HK$35.4. The cooling-off period ends at 3:43p.m.
GAUSH MEDITECH is a constituent of the Hang Seng Composite SmallCap Index. When its
share price fluctuates more than 20% compared to the last trading price five minutes ago,
the VCM is triggered. VCM offers a cooling-off period of 5 minutes for the market and
limits the trading price range. It then resumes normal trading. VCM is only applicable to
the continuous trading session (CTS), excluding the first 15 minutes of the morning and
afternoon trading session, and the last 15 minutes of the afternoon trading session. (ed)