---
title: "Hong Kong stock movement: PAK TAK INT'L fell 17.39%, with no significant news but showing volatility. What is driving the market sentiment?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/276688184.md"
description: "Pak Tak Int'l fell 17.39%; Lao Pu Gold fell 7.28%, with a transaction amount reaching HKD 727 million; Shenzhou International fell 1.89%, with a transaction amount reaching HKD 361 million; Anta Sports fell 1.69%, with a transaction amount reaching HKD 309 million; Prada fell 1.84%, with a market value of HKD 109.3 billion"
datetime: "2026-02-24T05:46:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276688184.md)
  - [en](https://longbridge.com/en/news/276688184.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276688184.md)
---

# Hong Kong stock movement: PAK TAK INT'L fell 17.39%, with no significant news but showing volatility. What is driving the market sentiment?

**Hong Kong Stock Movement**

Pak Tak International, down 17.39%, 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**

Lao Pu Gold, down 7.28%. Based on recent news,

1.  On February 24, Lao Pu Gold experienced large transactions, with a single trade amount exceeding HKD 20 million, indicating increased selling pressure in the market, leading to a decline in stock price.
    
2.  On February 23, financial reports indicated that Lao Pu Gold's gross margin might drop to 37%, coupled with intensified industry competition, raising market concerns about its future profitability, further pressuring the stock price.
    
3.  Recently, rising international gold prices have posed challenges to Lao Pu Gold's pricing strategy, and investors are worried about its performance during a declining gold price cycle, increasing market uncertainty. Intensified industry competition and increased risks of gold price fluctuations.
    

Shenzhou International, down 1.89%. Based on recent key news:

1.  On February 23, the U.S. Supreme Court ruled that Trump's tariff policy was invalid, benefiting Shenzhou International as an export-sensitive stock, with the stock price briefly rising nearly 5%. However, Trump subsequently announced an increase in global tariffs to 15%, negatively impacting market sentiment and leading to a price correction.
    
2.  On February 24, Shenzhou International recorded large transactions before the market, with the transaction price 0.67% lower than the previous closing price, indicating a cautious market attitude towards its short-term prospects, affecting the stock price decline.
    
3.  On February 23, a Citigroup report indicated that Nike's order outlook for Shenzhou International remained flat, leading to market reservations about its future growth expectations, causing stock price fluctuations. Hong Kong stocks are volatile due to tariff policy impacts.
    

Anta Sports, down 1.69%. Based on recent news:

1.  On February 22, Anta Sports recorded negative growth in Q4 2025, and concerns about multi-brand synergy and management issues raised market worries. The increasing number of assets in the Anta brand portfolio poses challenges in managing these brands, leading to stock price pressure.
    
2.  On February 23, Anta Sports announced plans to achieve a thousand-store initiative in Southeast Asia over the next three years and to open its first North American store in Los Angeles. Although this globalization strategy shows positive signals, the market reacted poorly in the short term, leading to a stock price decline.
    
3.  On February 24, CITIC Lyon released a report indicating that overall consumption in mainland China during the Spring Festival remained positive, with good travel and outing intensity, which should benefit Anta Sports, but the market remains cautious about its short-term performance. Strong Spring Festival consumption data and good travel enthusiasm.
    

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

Prada, down 1.84%. Based on recent key news:

1.  On February 23, the U.S. Supreme Court overturned the reciprocal tariff policy of the Trump administration, providing short-term relief for Chinese consumer goods exporters. The new 15% global tariff reduces tariffs on brands imported from China and ASEAN, potentially alleviating cost pressures for brands like Prada with significant exposure to the U.S. market. The reduction in tariffs may support prices and profit margins, aiding original equipment manufacturers in upcoming price negotiations Source: WSJ The impact of global tariff policy changes on the consumer goods industry

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