Hong Kong stocks surged | Peg Bio-Medical-B (02565.HK) rose more than 20% at the close, hitting a new high. Recently licensed exclusive rights for diabetes drugs in the Middle East and Africa.

According to the Wise Financial News APP, PAG Pharmaceuticals-B (02565.HK) surged over 20% in the last trading session, reaching a high of 62.25 Hong Kong dollars, setting a new record high since its listing. As of the time of writing, it has risen by 16.51%, trading at 60.3 Hong Kong dollars, with a turnover of 30.2346 million Hong Kong dollars.