Hong Kong stock movement: The resignation of the board of directors and changes in the supervisory board of 51WORLD triggered market panic, with the stock price plummeting by 16.08%

Hong Kong Stock Movement 51WORLD fell 16.08%. Based on recent key news: On January 30, 51WORLD announced the resignation of two directors, leading to a significant drop in stock price. Zhang Yuwei and Lü Jinrong resigned from their positions as executive director and non-executive director, raising concerns in the market about the stability of the company's governance structure, resulting in a 16.08% drop in stock price. Source: Economic Information Daily On January 30, 51WORLD proposed to abolish the supervisory board, triggering further market attention on corporate governance. The company plans to have the audit committee exercise the powers of the supervisory board, and the market reacted poorly to this change, further exacerbating stock price volatility. Source: Economic Information Daily No other significant news recently. The market is sensitive to changes in corporate governance. Stocks with High Trading Volume in the Industry Horizon Robotics-W fell 3.04%. Based on recent news, On January 30, Horizon Robotics performed poorly this week, with a decline of 9.06%, becoming one of the worst-performing constituents in the Hang Seng Tech Index. The Hang Seng Tech Index overall fell by 1.38%. On January 30, Zhitong Finance reported that Horizon Robotics performed strongly in the autonomous driving chip market in 2025, with a market share of 47.66%, but the market is highly competitive, and it may face greater challenges in the future. On January 30, CITIC Securities' research report pointed out that the technology validation period in the robotics industry is shortening, suggesting attention to leading companies, with Horizon Robotics as an industry leader, its future development prospects are highly regarded. The Hang Seng Tech Index fell by 1.38% this week. SenseTime-W fell 1.62%. Based on recent key news: On January 30, SenseTime open-sourced its multimodal autonomous reasoning model SenseNova-MARS, surpassing Gemini-3-Pro and GPT-5.2, boosting market confidence in its technological capabilities; however, the stock price still fell, indicating mixed market reactions to the open-source strategy. Source: Jinshi Data On January 30, SenseTime announced that its model performed excellently in core benchmark tests for multimodal search and reasoning. Despite significant technological advancements, market expectations for its commercialization still need observation. Source: Viewpoint Network On January 30, SenseTime's open-source strategy attracted market attention. Despite technological leadership, investor concerns about its profitability may put pressure on the stock price. Source: Economic Information Daily AI industry competition intensifies, with frequent technological innovations. Kingdee International fell 2.70%. Based on recent key news: On January 30, the Hang Seng Tech Index performed poorly, and Kingdee International became one of the worst-performing constituents, with a decline of 9.50%. The Hang Seng Tech Index fell by 1.38% this week, and overall market sentiment was low, affecting Kingdee International's stock price. On January 29, market concerns about Kingdee International's profitability led to a decline in investor confidence. Analyst reports indicated that Kingdee International's earnings expectations were below expectations, further exacerbating the stock price decline On January 28, industry competition intensified, and Kingdee International faced pressure on its market share. As more technology companies entered the market, Kingdee International's competitive advantage was challenged, leading to pressure on its stock price. The Hang Seng Tech Index performed weakly overall, and market sentiment was sluggish. Stocks ranked at the top of the industry by market capitalization XPeng Inc. fell 4.42%. Based on recent key news: On January 30, Citigroup reported that Chinese automakers face multiple challenges in 2026, particularly pressure on profit margins and weak sales of fuel vehicles, which may affect XPeng's market performance. Citigroup predicts that the concentration of electric vehicle market share will improve capacity utilization, but rising costs may erode net profit margins by 2 to 5 percentage points. Source: Citigroup On January 30, Wall Street rated XPeng as a strong buy, with analysts expecting over 54% upside potential in the stock price over the next 12 months. Source: Wall Street On January 15, analyst Jeff expressed an optimistic outlook on XPeng's future performance, considering it one of the best autonomous driving stocks currently. Source: Analyst Jeff Electric vehicle market share concentration, capacity improvement