---
title: "Hong Kong Stock Movement Update: ZHONGGAN COMM surged 20%, BEIJING MEDIA fell 18.60%, short-term funds prefer technology stocks"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/275261689.md"
description: "In the past hour, the Hong Kong stock market has shown a clear divergence, with the technology and healthcare sectors performing particularly well, attracting significant attention from funds. ZHONGGAN COMM's strong rise has boosted the activity of related telecom stocks, while BEIJING MEDIA has suffered a sharp decline due to weak market sentiment, indicating a rapid shift in fund preferences. Short-term enthusiasm has significantly increased among stocks with large price increases, with greater volatility, and market sentiment seems to be constantly changing, leading to adjustments in investors' risk appetite. In the past hour, the stock with the largest abnormal movement, ZHONGGAN COMM, led with a 20.00% increase, showing strong intraday performance and noticeable fund inflow, seemingly favored by the market. Its strong performance has not only attracted short-term funds but also invigorated the entire telecom sector, creating a high level of enthusiasm. Strong stocks: 1. KNOWLEDGE ATLAS: up 18.60%, with increased market attention on its technological innovations and significant fund inflow. 2. YOFC: up 15.53%, benefiting from a recovery in industry demand, with short-term funds actively involved. 3. ETHK LABS INC.: up 15.13%, with optimistic market expectations for its performance attracting substantial buying. 4. CHINA LIT: up 12.14%, with short-term enthusiasm continuing to rise as content consumption rebounds. 5. TIME INTERCON: up 10.33%, with technical breakthroughs triggering fund interest and impressive performance. Under pressure stocks: 1. BEIJING MEDIA: down 18.60%, with weak market sentiment and noticeable fund outflows, making the short-term outlook grim"
datetime: "2026-02-09T04:00:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/275261689.md)
  - [en](https://longbridge.com/en/news/275261689.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/275261689.md)
---

# Hong Kong Stock Movement Update: ZHONGGAN COMM surged 20%, BEIJING MEDIA fell 18.60%, short-term funds prefer technology stocks

**Hong Kong Stock Market Overview in the Last Hour**

The overall market shows a clear divergence, with the technology and healthcare sectors performing particularly well, attracting significant attention from investors. ZHONGGAN COMM's strong rise has boosted the activity of related telecommunications stocks, while BEIJING MEDIA has suffered a heavy setback due to weak market sentiment, indicating a rapid shift in capital preferences. Short-term enthusiasm has significantly increased among stocks with large price increases, with greater volatility, suggesting that market sentiment is constantly changing and investors' risk appetite is adjusting.

**Stocks with the Most Significant Movements in the Last Hour**

ZHONGGAN COMM leads with a 20.00% increase, showing strong intraday performance and noticeable capital inflow, seemingly favored by the market. Its robust performance has not only attracted short-term capital but has also invigorated the entire telecommunications sector, creating a high level of enthusiasm.

**Strong Stocks**

1.  KNOWLEDGE ATLAS: Up 18.60%, recent market attention on its technological innovations has led to significant capital inflow.
    
2.  YOFC: Up 15.53%, benefiting from a recovery in industry demand, with short-term capital actively participating.
    
3.  ETHK LABS INC.: Up 15.13%, optimistic market expectations for its performance have attracted a large number of buyers.
    
4.  CHINA LIT: Up 12.14%, with the recovery of content consumption, short-term enthusiasm continues to rise.
    
5.  TIME INTERCON: Up 10.33%, technical breakthroughs have sparked capital interest, showing impressive performance.
    

**Stocks Under Pressure**

1.  BEIJING MEDIA: Down 18.60%, with weak market sentiment and noticeable capital outflow, the short-term outlook is not optimistic

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