Moving average convergence suggests sustained mid-term support. Shares in the world's largest electric vehicle (EV) maker Contemporary Amperex Technology Co Limited ( 3750.HK ) surged in their debut on the Hong Kong stock exchange on Tuesday. China Evergrande Group received a letter on 8 August from the city's stock exchange notifying the firm of its decision to cancel the listing as trading had not resumed by 28 July. The last day of the listing will be 22 August and Evergrande will not apply for a review of the decision, the company said in a statement. Real-time "yahoo finance hk" updates place HK Electric Investments (2638.HK) up 0.6%, benefiting from the latest tariff stability announcements. Yield-focused investors remain engaged despite sector underappreciation.
