Hong Kong stock movement: IMOTIONTECH plummets 24.86%

Hong Kong Stock Movement IMOTIONTECH plummeted 24.86%. According to recent key news: On September 8, the Shenzhen Stock Exchange adjusted the list of eligible securities for the Hong Kong Stock Connect, removing IMOTIONTECH, leading to a significant drop in stock price of 28.29%. On September 8, the new energy vehicle industry launched multiple new models at the Chengdu Auto Show, intensifying market competition, which may have an indirect impact on IMOTIONTECH. No other related events. The adjustment of the Hong Kong Stock Connect triggered market fluctuations. Stocks with High Trading Volume in the Industry Zhongxin Innovation fell 2.12%, with a trading volume of HKD 856 million. According to recent key news: On September 4, Xiamen Jinyuan Investment Group Co., Ltd. reduced its holdings in Zhongxin Innovation by 2.2783 million shares, with an average price of HKD 24.8569 per share, totaling approximately HKD 56.6315 million. The latest holding ratio after the reduction is 11.94%. On September 4, shareholders of Zhongxin Innovation deposited shares into China Securities Depository and Clearing Corporation Limited Hong Kong, with a market value of HKD 3.254 billion, accounting for 24.50%. 149.8 million domestic shares have been converted into H shares and began trading on the Stock Exchange at 9:00 AM on September 5. On September 5, Zhongxin Innovation completed the full circulation of H shares, with a peak stock price of HKD 28.06, an increase of 13.51%, and a trading amount of HKD 460 million. The private aviation market is expected to develop rapidly. Minth Group rose 4.06%, with a trading volume of HKD 260 million. Based on recent important news: On September 5, Minth Group released its mid-year report for 2025, with revenue increasing by 10.79% year-on-year and net profit attributable to the parent company increasing by 19.51%. The battery box business received multiple orders, with overseas revenue contributing the main increment, driving the stock price up. Data source: Yongxing Securities Research Report. On September 5, the company made significant breakthroughs in the battery box and vehicle chassis structural components business, receiving orders from several domestic clients such as Great Wall and Geely, and entered the Chery battery box business for the first time, driving the stock price up. Data source: Yongxing Securities Research Report. On September 5, it is expected that the company's revenue and net profit will continue to grow from 2025 to 2027, maintaining a "Buy" rating, enhancing market confidence. Data source: Yongxing Securities Research Report. The battery box business is growing strongly, with outstanding performance in overseas markets. Stocks with High Market Capitalization in the Industry Fuyao Glass rose 1.82%, with a market capitalization of HKD 190.1 billion. Based on recent key news: On September 4, Fuyao Glass announced an international patent application titled "A Vehicle Window Glass and Vehicle," which demonstrates the company's ongoing investment in research and development, boosting market confidence and driving the stock price up. Data source: Qichacha. So far this year, Fuyao Glass has announced a total of 44 international patent applications, a 37.5% increase compared to the same period last year, showing significant progress in technological innovation and further enhancing investors' confidence in the company's future development Data source: Qichacha According to the company's mid-year financial data for 2025, the company invested 883 million yuan in research and development in the first half of this year, an increase of 12.59% year-on-year. This data indicates the company's continuous investment in technology research and development, further driving the rise in stock prices. Data source: Qichacha The overall industry performance is good, with policy support for innovation