Hong Kong Stock Movement: JIANGSU HORIZON falls 12.57%, new share placement raises market concerns over equity dilution

Hong Kong Stock Movement JIANGSU HORIZON fell 12.57%. Based on recent key news: On November 11, JIANGSU HORIZON announced the placement of up to 21.4246 million new shares at a placement price of HKD 2.90, a discount of 13.95% compared to the closing price on that day. This move led to a decline in stock price due to increased market concerns over equity dilution. Source: Economic Information Daily On November 12, JIANGSU HORIZON entered into a placement agreement with the placement agent, with the new shares accounting for approximately 9.09% of the enlarged share capital. The net proceeds are intended to be used for funding HaiKe HongXin. This news further intensified market concerns about the company's financial condition. Source: Economic Information Daily On November 11, technical sentiment signals indicated strong sell signals, leading to a pessimistic outlook on JIANGSU HORIZON's prospects and putting pressure on the stock price. Source: TipRanks The retail sector has recently shown weak performance, with significant capital outflows. Stocks with High Trading Volume in the Industry Dongfang Zhenxuan rose 0.59%. Based on recent key news: On November 10, Dongfang Zhenxuan faced a turning point in the live e-commerce industry, with personnel changes reflecting a shift from reliance on top anchors to a deeper exploration of supply chain, brand, and membership systems, leading to stock price fluctuations. Source: Zhitong Finance On November 11, Dongfang Zhenxuan violated Hong Kong Stock Exchange regulations by failing to report financial product transactions, and the group stated it would strengthen internal control management, affecting market confidence. Source: Economic Information Daily On November 12, after the departure of Sun Dongxu, Dongfang Zhenxuan's stock price briefly fell more than 6%, with a market value evaporating over HKD 50 billion, marking the end of an era. Source: Wall Street Watch The live e-commerce industry faces transformation challenges. Guoquan fell 1.86%. Based on recent key news: On November 12, Guoquan Industrial's restructuring plan for Songhe Liquor Industry was approved by the court, promoting the company's layout in the beverage sector. This move is seen as an important step for Guoquan Industrial to expand its business territory, and despite challenges, the market holds an optimistic view on its long-term development. On November 11, the expansion of Guoquan's small stir-fry and camping business demonstrated its advantages in supply chain and scenario layout. The company enhanced consumer experience by integrating supply chain resources, further solidifying its market position. On November 9, Guoquan Food's official WeChat account announced that its membership exceeded 60 million, achieving its annual target ahead of schedule. This news boosted market confidence and drove up stock prices. The camping economy is growing rapidly, with significant market potential. Baiguoyuan Group rose 2.01%. Based on recent news: On November 10, Baiguoyuan announced a deep cooperation with the Chilean Cherry Association to strengthen its full-chain quality control system. This move helps improve product quality and market competitiveness, driving up stock prices. According to data from the General Administration of Customs, the import volume of Chilean cherries increased by 15%, further supporting Baiguoyuan's market expansion.【Cover News】The supply of Chilean cherries in the market is abundant, and logistics costs are decreasing Stocks Ranked Among the Top by Market Capitalization in the Industry Youbao Online, down 1.04%, with a market capitalization of HKD 2.828 billion, has no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation