Hong Kong Stock Movement Update: CHINA NEXT-GEN down 16%, MEXAN up 11%, market volatility intensifies

Hong Kong stock market overview in the past hour: Market sentiment has experienced significant fluctuations in a short period, with a preference for small-cap stocks in capital flows. The performance of the new retail and energy sectors is particularly noteworthy, with some individual stocks undergoing substantial adjustments. Overall, the divergence in market strength is quite evident, with a faster switching speed of funds between different sectors, and short-term enthusiasm has increased. The stock with the largest movement in the past hour is CHINA NEXT-GEN, whose stock price plummeted by 16.00%, becoming the focus of market attention. The decline of this stock seems to be influenced by market sentiment, with a noticeable outflow of funds and a relatively low short-term sentiment. Strong stocks: 1. MEXAN: up 11.48%, rising against the market fluctuations, showing strong capital attraction and active short-term funds. Stocks under pressure: 1. REFIRE: down 11.93%, with unclear market expectations for its future development and significant capital outflow. 2. WATTS INT'L: down 10.00%, under pressure during market adjustments, with strong risk-averse sentiment in capital