---
title: "Hong Kong stock movement: OPTIMA AUTO fell 12.06%, market sentiment is sluggish, and increased volatility has drawn attention"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/274096117.md"
description: "OPTIMA AUTO fell 12.06%; Xixiangfeng Group rose 0.93%, with a transaction amount of HKD 74.75 million; Zhongsheng Holdings fell 1.39%, with a transaction amount of HKD 36.28 million; Yongda Automotive had a transaction amount of HKD 6.05 million; Guanyan Holdings fell 0.86%, with a market value of HKD 4.49 billion"
datetime: "2026-01-29T05:46:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/274096117.md)
  - [en](https://longbridge.com/en/news/274096117.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/274096117.md)
---

# Hong Kong stock movement: OPTIMA AUTO fell 12.06%, market sentiment is sluggish, and increased volatility has drawn attention

**Hong Kong Stock Movement**

OPTIMA AUTO, down 12.06%, 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 specific reasons need further observation.

**Stocks Ranked High in Industry Transaction Volume**

Xiangfeng Group, up 0.93%. Based on recent news,

1.  On January 27, Xiangfeng Group experienced large transactions, with a transaction amount exceeding HKD 20 million. Large transactions typically indicate increased interest from institutional investors, which may have driven the stock price up. The Hong Kong stock market has been active recently, with noticeable capital inflow.

Zhongsheng Holdings, down 1.39%. Based on recent key news:

1.  On January 23, Zhongsheng Holdings announced the resignation of Sun Yanjun as a non-executive director, affecting the company's governance structure. After Sun Yanjun's resignation, the number of non-executive directors decreased to one, which may raise market concerns about corporate governance, leading to a decline in stock price. Source: Economic Information Daily.
    
2.  On January 27, Morgan Stanley lowered Zhongsheng Holdings' earnings forecast, reflecting that profit margins were below expectations after the rectification of automotive financial products. Although there are expectations for a profit recovery, the downward revision of the earnings forecast in the short term puts pressure on the stock price. Source: Morgan Stanley report.
    
3.  On January 26, a potential memory shortage may lead to reduced automobile production, affecting dealer businesses. If the memory shortage materializes, it may benefit automobile dealers, but short-term market concerns about this risk may impact stock prices. Source: Morgan Stanley report. The automotive industry faces margin pressure, and policy changes need to be monitored.
    

Yongda Automobile, transaction volume of HKD 6.0597 million. Based on recent news,

1.  On January 27, Morgan Stanley lowered Yongda Automobile's earnings forecast for 2025 to 2027. Due to the rectification of high-interest, high-commission automotive financial products, new car profit margins were below expectations, leading to a downward revision of the earnings forecast. The target price was lowered from HKD 2.3 to HKD 1.9, with a rating of "in line with the market."
    
2.  On January 27, although the new car business is expected to further deteriorate in the second half of 2025, it is anticipated that the profits of Chinese automobile dealers will bottom out in 2025 and rebound in 2026. A potential memory shortage may lead to reduced automobile production, and if this situation materializes, it will also benefit automobile dealers.
    
3.  On January 27, Morgan Stanley's top pick is Zhongsheng Holdings, as the robust growth of after-sales business supports profit recovery, with the target price lowered from HKD 21 to HKD 18, and a rating of "overweight." The profit recovery trajectory of automobile dealers needs to pay attention to policy changes.
    

**Stocks Ranked High in Industry Market Capitalization**

Guanyan Holdings, down 0.86%, with a market capitalization of HKD 4.49 billion, 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 specific reasons need further observation

### Related Stocks

- [08418.HK](https://longbridge.com/en/quote/08418.HK.md)

## Related News & Research

- [ZAWYA: Al Habtoor Tower: Dubai's boldest residential project yet](https://longbridge.com/en/news/287051508.md)
- [BYD IN TALKS WITH CHRISTIAN HORNER OVER ENTERING F1 – FT](https://longbridge.com/en/news/287236664.md)
- [Geely to launch first petrol model in South Africa, targets 10-vehicle lineup](https://longbridge.com/en/news/287092272.md)
- [US Senator Durbin urges RFK. Jr to resist easing vape rules](https://longbridge.com/en/news/287079463.md)
- [UPI changed how India pays; it can drive the future of borrowing](https://longbridge.com/en/news/286677065.md)