---
title: "Hong Kong Stock Market Movement Update: CENTRAL DEV H plummets 35%, SDHG leads the gainers, multiple small-cap stocks rise over 15%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/271747972.md"
description: "Overview of the Hong Kong Stock Market In the past hour, the Hong Kong stock market has shown significant sector rotation characteristics, with technology and pharmaceutical stocks performing particularly well. In terms of capital flow, short-term funds seem to favor small-cap stocks and thematic stocks, with active market sentiment and considerable volatility. Overall, there is a clear divergence in market strength, with some individual stocks standing out due to capital support. Among the stocks with the largest movements in the past hour, Zhongfa Development Holdings experienced a sharp decline, with a drop of 35.71%. This trend has attracted market attention, with clear signs of capital outflow, significantly impacting short-term sentiment. Strong stocks: 1. SDHG: Up 21.58%, with significant capital inflow and high short-term enthusiasm. 2. DIMMI LIFE HLDG: Up 18.60%, with positive market sentiment and significant sector linkage effects. 3. NOVOSENSE: Up 17.26%, supported by the active performance of the technology sector. 4. PROSP GP INTL: Up 16.67%, with strong stock performance driven by short-term capital. 5. BASETROPHY GP: Up 15.23%, with optimistic market expectations for its future development. 6. ELEPHANT HLDGS: Up 11.34%, with increased capital attention and steady stock price rise. 7. TR INTERIORS: Up 11.11%, benefiting from the overall recovery of the automotive sector. 8. Rongchang Bio: Up 10.04%, with strong performance in the pharmaceutical sector boosting its stock price. Pressured stocks: Zhongfa Development Holdings: Down 35.71%, with heavy market selling pressure and clear capital outflow"
datetime: "2026-01-07T07:00:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/271747972.md)
  - [en](https://longbridge.com/en/news/271747972.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/271747972.md)
---

# Hong Kong Stock Market Movement Update: CENTRAL DEV H plummets 35%, SDHG leads the gainers, multiple small-cap stocks rise over 15%

**Overview of the Hong Kong Stock Market**

In the past hour, the Hong Kong stock market has shown a clear characteristic of sector rotation, with notable performances from technology and pharmaceutical stocks. In terms of capital flow, short-term funds seem to favor small-cap stocks and thematic stocks, with active market sentiment and significant volatility. Overall, there is a clear divergence in market strength, with some individual stocks standing out due to capital support.

**Stocks with the Most Significant Movements in the Last Hour**

Central Development Holdings experienced a sharp decline, with a drop of 35.71%. This trend has attracted market attention, with clear signs of capital outflow and a significant impact on short-term sentiment.

**Strong Stocks**

1.  SDHG: Up 21.58%, with significant capital inflow and high short-term enthusiasm.
    
2.  DIMMI LIFE HLDG: Up 18.60%, with positive market sentiment and significant sector linkage effects.
    
3.  NOVOSENSE: Up 17.26%, supported by the active performance of the technology sector.
    
4.  PROSP GP INTL: Up 16.67%, with strong stock performance driven by short-term capital.
    
5.  BASETROPHY GP: Up 15.23%, with optimistic market expectations for its future development.
    
6.  ELEPHANT HLDGS: Up 11.34%, with increased capital attention and steady stock price rise.
    
7.  TR INTERIORS: Up 11.11%, benefiting from the overall recovery of the automotive sector.
    
8.  Rongchang Biotech: Up 10.04%, boosted by the strong performance of the pharmaceutical sector.
    

**Stocks Under Pressure**

Central Development Holdings: Down 35.71%, with heavy market selling pressure and clear capital outflow

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