---
title: "Hong Kong stock movement: GLORY FLAME surged 66.67%, with clear capital flow; what risks are hidden behind the high market sentiment?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/274600868.md"
description: "GLORY FLAME surged 66.67%; China Railway Group rose 0.70%, with a transaction volume of HKD 79.04 million; Conch Venture increased by 1.45%, with a transaction volume of HKD 42.81 million; Junyu Foundation rose 5.11%, with a transaction volume of HKD 34.89 million; China Communications Construction rose 0.60%, with a market value of HKD 82 billion"
datetime: "2026-02-03T05:11:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/274600868.md)
  - [en](https://longbridge.com/en/news/274600868.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/274600868.md)
---

# Hong Kong stock movement: GLORY FLAME surged 66.67%, with clear capital flow; what risks are hidden behind the high market sentiment?

**Hong Kong Stock Movement**

GLORY FLAME surged 66.67%, 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**

China Railway Group rose 0.70%. Based on recent key news:

1.  On February 2, China Railway Group announced a share repurchase, totaling 28.812 million shares, accounting for 0.1167% of the total share capital, with a transaction amount of 160 million yuan. This move has boosted market confidence in the company's stock, driving the share price up. Source: Zhitong Finance
    
2.  On February 2, during the Spring Festival travel season, railway passenger volume is expected to reach 540 million, with the railway department actively enhancing transport capacity and increasing train utilization efficiency. The increase in Spring Festival demand is favorable for the railway industry, indirectly supporting China Railway Group's stock price. Source: CCTV News
    
3.  On February 1, the Guangzhou-Shenzhen-Hong Kong Express Rail Link welcomed a "good start" for the New Year, with active passenger flow, boosting the market performance of railway-related companies. Source: Xinhua News. The railway industry is experiencing strong demand, driven by the Spring Festival.
    

Conch Venture rose 1.45%, with a trading volume of 42.81 million Hong Kong dollars, 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 the specific reasons need further observation.

Junyu Foundation rose 5.11%, with a trading volume of 34.89 million Hong Kong dollars, 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 the specific reasons need further observation.

**Stocks with High Market Capitalization in the Industry**

China Communications Construction rose 0.60%. Based on recent key news:

1.  On February 2, the board of China Communications Construction approved the 2026 operational plan, aiming for new contract amounts to grow by no less than 2.6% and operating revenue to grow by no less than 6.8%. This plan demonstrates the company's future growth potential, boosting market confidence and driving the stock price up. Source: Economic Information Daily
    
2.  On February 2, the company spent 9.7969 million yuan to repurchase 1.2079 million A shares, with a repurchase price of 8.00-8.18 yuan per share. This move shows the company's confidence in its own value, driving the stock price up. Source: Zhitong Finance
    
3.  On February 2, the company disclosed the repurchase of 1,207,900 shares on the Hong Kong Stock Exchange, intending to cancel them. This news further enhances market confidence in the company's stock price. Source: Public Technologies. The infrastructure investment plan boosts market confidence

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- [08059.HK](https://longbridge.com/en/quote/08059.HK.md)

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