SHK Hong Kong Industries was the star amid overall sluggish trade. The counter rose six cents, or 10.9 per cent, to 61 cents in brisk trade. A total of 265.4 million shares, worth $151.6 million, were traded. The price was buoyed by a spate of buying in late trade, which pushed the stock from 59 cents at the opening of the afternoon session to the intra-day high of 63 cents within the first 15 minutes. It topped the list of the most active stocks in terms of shares traded. It was the second active stock in terms of turnover, behind only Hongkong Bank. The long-time laggard shone after tycoon Li Ka-shing raised his stake to 23 per cent in December. The share price has continued to rise steadily since. With the market under a cloud of cautious sentiment, trading in second and third liners was more active yesterday, as players turned away from the heavyweights. The trading of non-blue chips took up 30 per cent of total turnover. Champion Technology abandoned the downward trend that followed its disappointing interim result announced last Friday. The counter added one cent, or 1.27 per cent, to close at 80 cents. Turnover was $30.8 million. Seapower International Holdings announced that its leading shareholder, Choi Sai-leung, had increased his stake by 20 million shares. Its holding company, Seapower Resources, rose one cent to 68 cents while Seapower International closed unchanged at $2.825. Yaohan International Holdings saw its price increase by 43 cents, or 34.13 per cent, to close at $1.69 on a turnover of $5.37 million. The company's Whimsy Entertainment will be listed next Thursday. The entertainment centre chain, in which Yaohan holds 41 per cent of, was 3.04 times oversubscribed. Tung Fong Hung saw its price eroded amid profit-taking after a rally earlier in the week. The stock shed four cents, or 5.9 per cent, to 64 cents in relatively active trading. Turnover was $7.2 million with 10.8 million shares traded.