--- title: "Hong Kong Stock Movement: CN SCI-TECH IND plummets 13.04%, active capital flow triggers market volatility?" type: "News" locale: "en" url: "https://longbridge.com/en/news/269330072.md" description: "CN SCI-TECH IND fell 13.04%; China Cinda rose 3.65%, with a transaction volume of HKD 220 million; CITIC Financial Assets fell 1.11%, with a transaction volume of HKD 60.86 million; Zhongwei Financial fell 2.70%, with a transaction volume of HKD 4.42 million; Noah Holdings' market value reached HKD 6.07 billion" datetime: "2025-12-11T05:25:45.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/269330072.md) - [en](https://longbridge.com/en/news/269330072.md) - [zh-HK](https://longbridge.com/zh-HK/news/269330072.md) --- # Hong Kong Stock Movement: CN SCI-TECH IND plummets 13.04%, active capital flow triggers market volatility? **Hong Kong Stock Movement** China Sci-Tech Industry Investment fell 13.04%, with no significant news recently. Trading is active, and capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. **Stocks with High Trading Volume in the Industry** China Cinda rose 3.65%. Based on recent key news: 1. On December 9, China Cinda and GCL-Poly Energy formed a partnership to acquire a 42.469% stake in Inner Mongolia Xinyuan Silicon Material Technology, driving the stock price up. The acquisition involves an amount of 2.01 billion yuan, with Cinda contributing 1.3 billion yuan, accounting for 62.984% of the partnership's equity. Source: Zhitong Finance 2. On December 9, Wuhu GCL Intelligent Creation Enterprise Management Partnership was established with a capital contribution of 2.064 billion yuan, covering business management and consulting, further enhancing market confidence. Source: Viewpoint Network 3. On December 9, Qichacha showed that Wuhu GCL Intelligent Creation Enterprise Management Partnership was jointly funded by China Cinda and GCL-Poly Energy, strengthening Cinda's market position. Source: Qichacha. The new energy industry is active in investment, with significant capital inflow. CITIC Financial Assets fell 1.11%, with a trading volume of 60.86 million Hong Kong dollars, and no significant news recently. Trading is active, and capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. Zhongwei Financial fell 2.70%, with a trading volume of 4.42 million Hong Kong dollars, and no significant news recently. Trading is active, and capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. **Stocks with High Market Capitalization in the Industry** Noah Holdings has a market capitalization of 6.07 billion Hong Kong dollars. Based on recent news: 1. On December 10, Noah Holdings released its latest financial report, showing its continued leadership in global investment and asset allocation, providing comprehensive consulting services. This news boosted market confidence and drove the stock price up. 2. On December 9, Noah Holdings participated in the Pre-A round financing of Singapore cross-border payment service provider MetaComp, demonstrating its proactive layout in global market expansion and technology iteration, further enhancing investors' expectations for its future growth. 3. On December 8, Purun Co., Ltd. announced that it plans to acquire a 49% stake in Noah Changtian through the issuance of shares and cash payment, which will help Noah Holdings further solidify its layout in the non-volatile storage product field, enhancing its sustainable profitability and risk resistance. The wealth management industry faces challenges and needs to pay attention to macroeconomic dynamics ### Related Stocks - [00339.HK](https://longbridge.com/en/quote/00339.HK.md) ## Related News & Research - [China's green tech export surge tests US trade stance](https://longbridge.com/en/news/286986953.md) - [Berkshire Hathaway exits UnitedHealth stake with 45% gain](https://longbridge.com/en/news/286676948.md) - [Hisense Home Appliances Deploys RMB1.81 Billion into Chongqing Trust Wealth Products](https://longbridge.com/en/news/286888326.md) - [Tencent Music completes $2.6 billion acquisition of podcast platform Ximalaya](https://longbridge.com/en/news/286841981.md) - [Nuclear reactor developer Deep Fission eyes $1.66 billion valuation in US IPO](https://longbridge.com/en/news/287062992.md)