--- title: "Hong Kong stock movement: XXF Group fell 11.04%, with clear capital flow, volatility attracting market attention" description: "XXF fell 11.04%; Zhongsheng Holdings fell 1.73%, with a transaction amount of HKD 21.19 million; Guanran Holdings rose 5.39%, with a transaction amount of HKD 11.64 million; Yongda Automobile fell 0.6" type: "news" locale: "en" url: "https://longbridge.com/en/news/276418150.md" published_at: "2026-02-20T06:51:07.000Z" --- # Hong Kong stock movement: XXF Group fell 11.04%, with clear capital flow, volatility attracting market attention > XXF fell 11.04%; Zhongsheng Holdings fell 1.73%, with a transaction amount of HKD 21.19 million; Guanran Holdings rose 5.39%, with a transaction amount of HKD 11.64 million; Yongda Automobile fell 0.62%, with a transaction amount of HKD 1.64 million; Meidong Automobile rose 4.35%, with a market value of HKD 2.262 billion **Hong Kong Stock Movement** XXF Group, down 11.04%, 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 Ranked High in Industry Transaction Volume** Zhongsheng Holdings, down 1.73%. Based on recent key news: 1. On February 20, Zhongsheng Holdings signed a cooperation framework agreement with Penggao Holdings to jointly develop film and television works based on the national comic hero IP "Bajie" and invest in emerging interactive entertainment and digital content. This move may enhance the company's influence in the digital entertainment field, but the market's short-term reaction has been poor, leading to a decline in stock price. 2. On February 19, the market expressed concerns about Zhongsheng Holdings' future profitability. Although the company is actively involved in the integration of emerging technologies, investors are cautious about its ability to successfully transform, affecting stock performance. 3. On February 18, the industry as a whole faced policy uncertainties, especially regarding regulatory changes in digital content and the entertainment industry, increasing the market's risk assessment of Zhongsheng Holdings and putting pressure on its stock price. The digital entertainment industry faces policy uncertainties. Guanyun Holdings, up 5.39%, with a transaction volume of HKD 11.64 million, 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. Yongda Automobile, down 0.62%, with a transaction volume of HKD 1.64 million, 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 Ranked High in Industry Market Capitalization** Meidong Automobile, up 4.35%, with a market capitalization of HKD 2.262 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 the specific reasons need further observation ### Related Stocks - [02473.HK - XXF](https://longbridge.com/en/quote/02473.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | XXF Group Launches HK$100 Million Share Buyback | XXF Group Launches HK$100 Million Share Buyback | [Link](https://longbridge.com/en/news/275604635.md) | | XXF Group Says No Reason for Unusual Share Movements | XXF Group Holdings Limited has issued a statement regarding unusual trading activity in its shares, indicating no known | [Link](https://longbridge.com/en/news/274505319.md) | | A Look At CK Hutchison Holdings (SEHK:1) Valuation After Recent Share Price Momentum | CK Hutchison Holdings (SEHK:1) has gained investor attention due to a strong share price performance, with a 19.3% retur | [Link](https://longbridge.com/en/news/276191173.md) | | Standard Chartered PLC (OTCMKTS:SCBFF) Sees Significant Growth in Short Interest | Standard Chartered PLC (OTCMKTS:SCBFF) experienced a significant increase in short interest, rising 21.1% to 210,583 sha | [Link](https://longbridge.com/en/news/276119010.md) | | Will China Literature Turn The Page? | China Literature Ltd. expects a net loss of up to 850 million yuan for last year, primarily due to a 1.8 billion yuan go | [Link](https://longbridge.com/en/news/276113491.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.