Hong Kong stock movement: Major shareholder reduction leads to a sharp decline in stock price, HSSP INTL sees low market attention after resuming trading

Hong Kong Stock Movement HSSP INTL fell 16.98%. Based on recent key news: On November 4th, HSSP INTL's stock price plummeted significantly on the second day of resumption, dropping over 23% at one point, with a low of HKD 2.56 per share. The substantial price fluctuation has attracted market attention. On October 31st, the controlling shareholder Wade Investment SPC Ltd sold 13.976 million shares in the open market, reducing its holding to 67.21%. This move aims to realize profits and reduce equity concentration, putting pressure on the stock price. On November 3rd, HSSP INTL resumed trading, but market interest was low, with no investment bank ratings in the past 90 days. The stock price volatility reflects market uncertainty about the company's future. The packaging and printing industry is volatile, with low market attention. Stocks with High Trading Volume in the Industry Touyun Biotechnology rose 10.53%. Based on recent news, On November 4th, Touyun Biotechnology announced the signing of strategic cooperation agreements with three companies, with the sales consortium expected to purchase no less than RMB 1 billion worth of Rhizoclonium and related products between 2026 and 2028. This news drove the stock price up. On November 3rd, Touyun Biotechnology issued a statement regarding unusual fluctuations in stock price and trading volume, confirming the signing of strategic cooperation agreements with Shenzhen Building Supply Chain Technology, Henan State-owned Marketing Management, and Beijing He Wan Jia Biotechnology, further enhancing market confidence. On November 3rd, Touyun Biotechnology announced on the Hong Kong Stock Exchange that its wholly-owned subsidiary Shanxi Touyun Biotechnology Co., Ltd. signed a strategic cooperation agreement, which is expected to bring significant revenue in the next three years, driving the stock price up. The overall industry is performing well, and market confidence is increasing. Jia Yao Holdings fell 1.09%, with a trading volume of HKD 805,600, and no significant news recently. The trading is active, with clear fund flows. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. TEAMWAY INTL GP had a trading volume of HKD 355,100, with no significant news recently. The trading is active, with clear fund flows. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. Stocks with High Market Capitalization in the Industry Sun Paper Holdings has a market capitalization of HKD 1.779 billion, with no significant news recently. The trading is active, with clear fund flows. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation