---
title: "Hong Kong Stock Movement: EASOU TECH plummets 28.29%"
description: "EASOU TECH fell 28.29%; Huilyang Technology dropped 4.19%, with a transaction volume of HKD 465 million; China Literature Group declined 3.32%, with a transaction volume of HKD 114 million; Quzhi Grou"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/256315736.md"
published_at: "2025-09-08T05:01:39.000Z"
---

# Hong Kong Stock Movement: EASOU TECH plummets 28.29%

> EASOU TECH fell 28.29%; Huilyang Technology dropped 4.19%, with a transaction volume of HKD 465 million; China Literature Group declined 3.32%, with a transaction volume of HKD 114 million; Quzhi Group rose 0.68%, with a transaction volume of HKD 31.09 million; Xinhua Wenhui increased 0.45%, with a market value of HKD 13.8 billion

**Hong Kong Stock Movement**

EASOU TECH plummeted 28.29%. According to recent key news:

1.  On September 8, EASOU TECH was removed from the Hong Kong Stock Connect list, leading to a significant drop in stock price. The Shenzhen Stock Exchange and the Shanghai Stock Exchange announced adjustments to the Hang Seng Index constituent stocks, with EASOU TECH and 20 other stocks being removed from the Hong Kong Stock Connect list, causing EASOU TECH's stock price to drop by 31.53%. Source: Zhitong Finance.
    
2.  On September 8, the adjustment of the Hong Kong Stock Connect list triggered market panic, with EASOU TECH and several other stocks significantly declining in early trading. EASOU TECH's stock price fell to HKD 3.17, a decrease of 31.53%. Source: Jinwu Finance. The adjustment of the Hong Kong Stock Connect list caused market fluctuations.
    

**Stocks with High Trading Volume in the Industry**

Mediacom fell 4.19%. Based on recent important news:

1.  On September 5, Mediacom's stock price rose over 10%, reaching a historical high with a trading volume of HKD 656 million. The company's revenue in the first half of the year increased by 47% year-on-year, with Mintegral's revenue growing by 48.6%, showing outstanding performance in the gaming category. The AI-driven intelligent bidding system iteration led to significant performance growth. This news drove the stock price up. Data source: Zhitong Finance APP.
    
2.  On September 5, Kaiyuan Securities raised Mediacom's profit forecast for 2025-2026 and added a forecast for 2027. They are optimistic about Mintegral's continued contribution to revenue growth. This news boosted market confidence. Data source: Zhitong Finance APP.
    
3.  On September 5, Great Wall Securities pointed out that the "Artificial Intelligence +" action plan was released, promoting the implementation of AI applications. The policy is expected to accelerate the penetration rate of AI applications and Agents, helping AI applications achieve "last mile" implementation. This favorable policy drove the stock price up. Data source: Zhitong Finance APP. AI policies are driving industry transformation, benefiting stock prices.
    

**Stocks with High Market Capitalization in the Industry**

Xinhua Wenhui rose 0.45%, with a market capitalization of HKD 13.8 billion. According to recent key news:

1.  On September 5, Xinhua Wenhui announced that its controlling shareholder and shareholders holding more than 5% of the shares increased the registered capital, with the Sichuan Provincial Finance Department subscribing for part of the equity. This move did not trigger a takeover bid, and the company's controlling shareholder and actual controller remain unchanged. This news stabilized market confidence and drove the stock price up.
    
2.  On September 8, Xinhua Wenhui's Sichuan Digital Publishing Media reached a long-term strategic cooperation with NBA China, planning to launch two NBA licensed games and hold the Chengdu "Star Celebrity Match." This cooperation enhanced market expectations for the company's future growth, further driving the stock price up. Industry cooperation boosts market confidence, leading to a rise in stock prices

### Related Stocks

- [02550.HK - EASOU TECH](https://longbridge.com/en/quote/02550.HK.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.