--- title: "Hong Kong Stock Movement: BGMC International's successful placement boosts shareholder confidence, stock price surges 21.95%!" type: "News" locale: "en" url: "https://longbridge.com/en/news/274078530.md" description: "BGMC International surged 21.95%; China Railway Group fell 0.22%, with a transaction volume of HKD 217 million; Aluminum Corporation of China International fell 3.33%, with a transaction volume of HKD 67.85 million; China Metallurgical Group fell 1.03%, with a transaction volume of HKD 53.57 million; China Communications Construction rose 0.39%, with a market value of HKD 83 billion" datetime: "2026-01-29T02:37:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/274078530.md) - [en](https://longbridge.com/en/news/274078530.md) - [zh-HK](https://longbridge.com/zh-HK/news/274078530.md) --- # Hong Kong Stock Movement: BGMC International's successful placement boosts shareholder confidence, stock price surges 21.95%! **Hong Kong Stock Movement** BGMC International surged 21.95%. Based on recent news, 1. On January 26, BGMC International announced that all conditions precedent set forth in the placement agreement have been met, and the placement has been completed in accordance with the terms and conditions of the placement agreement. The placement agent successfully placed 3.61 million placement shares at HKD 2.20 per share to no less than 6 subscribers, accounting for approximately 8.36% of the company's issued share capital. This news boosted market confidence and drove the stock price up. 2. On January 26, shareholders of BGMC International deposited shares into Yalido Securities, with a market value of HKD 9.7831 million, accounting for 9.21%. This action demonstrates shareholders' confidence in the company's future development, further driving the stock price up. The market's positive reaction to the completion of the placement has propelled the stock price higher. **Stocks with High Trading Volume in the Industry** China Railway Group fell 0.22%. Recent key news: 1. On January 27, China Railway Group stated on an interactive platform that the company has undertaken projects such as the Hainan Commercial Aerospace Launch Site No. 2 launch position. This news indicates an increased involvement of the company in the aerospace sector, which may have a positive impact on its future business development. 2. On January 28, China National Railway Group Co., Ltd. held a party group meeting, emphasizing the need to promote the digital transformation of railways and the development of international logistics. This may affect China Railway Group's business direction and market positioning. 3. On January 26, Zhitong Finance reported that China Railway Group's stock rose over 5%, with the resource sector continuing to gain momentum, enhancing profitability elasticity and anti-cyclicality. This news may have a short-term impact on the stock price. The digital transformation of the railway industry is accelerating. China Aluminum International fell 3.33%. Recent key news: 1. On January 26, China Aluminum International announced a total of new contracts signed in 2025 amounting to RMB 46.836 billion, a year-on-year increase of 51.94%. This growth reflects the company's significant expansion in industrial and overseas contracts, enhancing market confidence in its future profitability. 2. On January 26, the consortium led by China Aluminum International won the bid for the Shanxi Zhaofeng Aluminum Electric New Materials Project, with a contract amount of approximately RMB 3.03 billion. The successful implementation of this project is expected to have a positive impact on the company's future performance, further enhancing its sustainable profitability. 3. On January 27, Economic Information Daily reported that China Aluminum International's total new contracts signed in the fourth quarter of last year amounted to RMB 25.96 billion, an annual increase of 96.8%. This data indicates the company's strong performance in contract signing, which may have a positive impact on the stock price. The industry's contract growth is significant, and market confidence is increasing. China Metallurgical Group fell 1.03%. Based on recent key news: 1. On January 26, China Metallurgical Group repurchased 24.7939 million A shares for the first time, accounting for 0.1196% of the total share capital, with a total transaction amount of RMB 79.99 million. This move demonstrates the company's confidence in future profitability, providing short-term support for the stock price 2. On January 26, China Metallurgical Group Corporation released its performance forecast for 2025, expecting a net profit decrease of 76.28% to 80.73% year-on-year, mainly due to losses in the real estate business and an increase in asset impairment provisions, which has undermined market confidence. 3. On January 26, analysts pointed out that the repurchase plan alleviated investors' concerns about the company's valuation fluctuations, driving H shares up by 3.87%. The downturn in the construction industry has significant impacts, and risks should be monitored. **Stocks Ranked Among the Top by Market Capitalization in the Industry** China Communications Construction Company rose by 0.39%. Based on recent key news: 1. On January 26, the company repurchased 1.2751 million A shares, amounting to RMB 10.7964 million, with a repurchase price of RMB 8.4-8.52 per share. The ongoing repurchase plan stabilized investor sentiment and supported the rise in stock prices. Repurchase activities in the industry are frequent, with significant capital inflows. 2. On January 27, the company repurchased another 1.2619 million A shares, costing RMB 10.5737 million, with a repurchase price of RMB 8.34-8.47 per share. The continuous repurchase actions demonstrate the company's recognition of its own value, further boosting stock prices. 3. On January 28, China Communications Construction Company announced the repurchase of 1.2972 million A shares, spending RMB 10.8491 million, with a repurchase price of RMB 8.24-8.49 per share. This move enhanced market confidence in the company's stock, driving prices up ### Related Stocks - [01693.HK](https://longbridge.com/en/quote/01693.HK.md) ## Related News & Research - [JR West Real Estate unit hosts cultural exchange event tied to Osaka Art & Design 2026](https://longbridge.com/en/news/287009307.md) - [Improving Supply Outlook Hammers Cocoa Prices](https://longbridge.com/en/news/286920569.md) - [India soymeal exports to fall to four-year low on rising prices](https://longbridge.com/en/news/286881552.md) - [TABLE-Asian physical rubber prices - May 19](https://longbridge.com/en/news/286870664.md) - [CBOT Trends-Wheat up 19-22 cents, corn up 8-14, soybeans up 20-26](https://longbridge.com/en/news/286778651.md)