Hong Kong stock movement: VITAL INNO plummets 21.65%, with no significant news but showing volatility. What is driving the market sentiment?

Hong Kong Stock Movement VITAL INNO fell 21.65%, 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 Xiaomi Group-W rose 0.83%. Based on recent key news: On January 26, Xiaomi Group spent HKD 140 million to repurchase 3.9872 million shares, with repurchase prices ranging between HKD 35.04 and HKD 35.22, demonstrating the company's confidence in its own stock, which pushed the share price up. Source: Zhitong Finance On January 27, Xiaomi recorded a large transaction with a trading amount of HKD 2.277 billion, with a net inflow of HKD 332 million in active buying funds, indicating a positive market attitude towards Xiaomi stock, leading to a rise in share price. Source: Jingji Tong News Agency On January 26, Goldman Sachs maintained a "Buy" rating on Xiaomi, with a target price of HKD 47.5, and in an optimistic scenario, the valuation could reach HKD 55, enhancing market confidence in Xiaomi's future performance. Source: Zhitong Finance. The overall industry is moderate, with significant capital inflow. Lenovo Group fell 0.11%. Based on recent news: On January 27, Lenovo established a comprehensive supply chain layout in Hefei, Tianjin, Wuhan, Shenzhen, etc., integrating green manufacturing DNA. The Tianjin zero-carbon factory, as the first "ecological zero-carbon factory" built from scratch in the ICT industry, was completed and put into operation in 2023, showcasing Lenovo's leading position in green manufacturing. On January 26, Lenovo is seeking cooperation with several large global language model companies to become one of the global artificial intelligence enterprises. Lenovo plans to pass on the additional costs to customers to cope with the pressure from soaring memory chip prices. On January 26, Lenovo participated in the industrial and commercial changes of Beijing Guangfan Technology Co., Ltd., becoming one of the new shareholders, further expanding its layout in the next-generation human-computer interaction technology field. The global PC market faces supply chain challenges and intensified competition. Legend Holdings fell 0.45%. Based on recent key news: On January 26, Beijing Shenwei Technology Co., Ltd. announced the completion of a financing round amounting to RMB 1.2 billion. Legend Holdings' subsidiary, Junlian Capital, participated in this financing, demonstrating its investment strength in the technology sector. This news may impact Legend Holdings' stock price, leading to fluctuations in the Hong Kong stock market. Investment in the technology industry is active, with significant capital inflow. Stocks with High Market Capitalization in the Industry Longqi Technology fell 0.39%. Based on recent key news: On January 22, Longqi Technology's stock price fluctuated significantly on its first day of listing on the Hong Kong Stock Exchange. It opened at HKD 35, up 12.9% from the issue price, but the closing increase narrowed to 3.55%. The stock price continued to fluctuate thereafter, closing at HKD 31 on January 26, down 0.32%. This volatility reflects the market's cautious attitude towards new stocks. Source: Zhitong Finance On January 27th, Zhejiang Zhidong Robotics Co., Ltd. added Longqi Technology as a shareholder, increasing its registered capital to approximately 10.9419 million yuan. This move may affect Longqi Technology's shareholder structure and future development strategy. Source: Qichacha On January 27th, the Hong Kong IPO market was active, and Longqi Technology, as a newly listed company, attracted attention. The demand for new stocks and investor sentiment may influence its stock price fluctuations. Source: Zhitong Finance