STOCKS | Ming Yuan Cloud Hits Record Low After 7-Day Losing Streak

Ming Yuan Cloud (00909) fell nearly 2% to an intraday low of HK$1.045, a record low since listing, according to ETNet. The stock traded as high as HK$1.085, with turnover of 6.9639 million shares worth HK$7.4248 million. The counter has fallen for seven straight sessions, bringing the cumulative decline to 20.2%. ETNet reported that the active buy-sell ratio was 57:43, with net active buying of HK$992,300. The biggest net passive buyer was China Investment Information, while the biggest net passive seller was Bank of America.