--- title: "Hong Kong Stock Movement: SH GROWTH RTS plummets 29.23%, market sentiment is sluggish, and significant fluctuations in capital flow have drawn attention" description: "SH GROWTH RTS fell 29.23%; China International Capital Corporation rose 0.10%, with a transaction volume of HKD 324 million; Cathay Securities fell 0.88%, with a transaction volume of HKD 175 million;" type: "news" locale: "en" url: "https://longbridge.com/en/news/277150150.md" published_at: "2026-02-27T06:21:41.000Z" --- # Hong Kong Stock Movement: SH GROWTH RTS plummets 29.23%, market sentiment is sluggish, and significant fluctuations in capital flow have drawn attention > SH GROWTH RTS fell 29.23%; China International Capital Corporation rose 0.10%, with a transaction volume of HKD 324 million; Cathay Securities fell 0.88%, with a transaction volume of HKD 175 million; Guotai Junan International rose 0.35%, with a transaction volume of HKD 160 million; CITIC Securities fell 0.21%, with a market value of HKD 416.5 billion **Hong Kong Stock Movement** SH GROWTH RTS fell sharply by 29.23%, with no significant news recently. The trading is active, and the 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** CICC rose by 0.10%. Based on recent key news: 1. On February 26, five departments in Shanghai jointly issued a notice on real estate policy adjustments, optimizing home purchase restrictions and housing provident fund loan policies to stabilize housing prices in major cities like Beijing and Shanghai. The positive changes in policy may have an indirect impact on CICC due to its related business in the real estate market. 2. On February 25, the variable robot completed new financing of hundreds of millions, with CICC's SAIC fund participating as a lead investor. This move demonstrates CICC's investment layout in the technology sector, which may enhance market confidence in its future growth. 3. On February 24, Tencent reduced its stake in CICC, bringing its shareholding ratio down to 4.99%. This shareholder change may affect market sentiment, leading to stock price fluctuations. Capital allocation in the technology sector remains a focus. Guotai Junan fell by 0.88%. Based on recent key news: 1. On February 24, the Guotai Junan and Shanghai Shimao Group jointly launched the Hong Kong-Shanghai Emerging Industries Cornerstone Fund, with a target size of HKD 3 billion, the first phase being HKD 1 billion, focusing on industries such as integrated circuits, biomedicine, and artificial intelligence. The launch of this fund may have a positive impact on Guotai Junan's market performance, but it has not significantly boosted the stock price in the short term. 2. On February 25, Shanghai released the "New Seven Measures" policy, involving adjustments to purchase restrictions and optimization of the provident fund, with Guotai Junan maintaining an "overweight" rating on the real estate industry. Although the policy is favorable for the real estate market, its direct impact on Guotai Junan is limited, failing to prevent the stock price from falling. 3. On February 26, data showed that Guotai Junan's securities app monthly active users increased by 5.85%, demonstrating the company's competitiveness in digital services. However, this growth has not provided support for the stock price in the short term. Market capital flows are active, and industry policy changes are frequent. Guotai Junan International rose by 0.35%. Based on recent key news: 1. On February 25, Shanghai released the "New Seven Measures" policy, involving adjustments to purchase restrictions and optimization of the provident fund, which is expected to drive a recovery in the real estate market and boost market confidence. Source: Zhitong Finance 2. On February 26, the monthly active user count of securities apps increased, with Guotai Junan's "Guotai Junan Junhong" maintaining its leading position in the industry, indicating an increase in market demand for financial services. Source: Securities Daily 3. On February 25, Caitong Securities pointed out that the period from after the Spring Festival to before the Two Sessions is the main rising phase of the spring market, with an increase in market risk appetite, and brokerage strategies will become a market barometer. Source: Caixin News, with intensive brokerage strategy meetings and an increase in market risk appetite. **Stocks Ranked High in Industry Market Capitalization** CITIC Securities fell 0.21%. Based on recent key news: 1. On February 26, Shanghai released new real estate policies, lowering the purchase threshold for non-Shanghai residents. CITIC Securities analysis believes this will help reverse the expectation of an expanding supply of second-hand housing and support the market in stabilizing. Source: Economic Information Daily 2. On February 26, CITIC Securities received approval from the China Securities Regulatory Commission to issue corporate bonds not exceeding 80 billion yuan to professional investors. This approval provides the company with new financing channels, which may affect its stock price performance. Source: Zhitong Finance 3. On February 26, CITIC Securities withdrew two bids in the medium-term note issuance of Wuxi Taihu New City Development Group, with scales of 20 million yuan and 30 million yuan, and subscription rates of 2.83% and 2.78%, respectively. This withdrawal may reflect insufficient market confidence in the related bonds. Source: Viewpoint Network Real Estate Policy Adjustment Impact on Market Expectations ### Related Stocks - [02909.HK - SH GROWTH RTS](https://longbridge.com/en/quote/02909.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 你必定掂 政府錫曬|曾智華 | 本欄作者曾智華在團拜中提到其投資策略,重倉四隻股票:中電(002)、港鐵(066)、國泰航空(293)及港交所(388),認為這些公司在未來十年內不會消失,且與香港經濟息息相關,政府會給予支持和特權。他強調穩健投資,避免追逐流行股,借鑑巴菲 | [Link](https://longbridge.com/en/news/276695430.md) | | 騰訊投資「AI 六小虎」階躍星辰 傳擬來港上市 | 騰訊投資的 AI 大模型公司階躍星辰(StepFun)計劃在香港上市,目標集資 5 億美元。該公司在今年 1 月完成了超過 50 億元人民幣的 B+ 輪融資,投資者包括騰訊。與此同時,其他四家內地公司也計劃在港上市,合計集資最多 7 億美元 | [Link](https://longbridge.com/en/news/276968911.md) | | 冠君可分派收入跌一成減派息 朗豪坊商場出租率逾 99% 寫字樓市場料明年起趨穩 | 冠君產業信託(2778)公佈截至 2025 年底的業績,可分派收入下跌 10.4% 至 8.59 億元,末期分派 0.0562 元,按年少 8.3%。朗豪坊商場出租率達 99.3%,租金收益總額錄 19.88 億元,按年跌 9%。CEO 侯 | [Link](https://longbridge.com/en/news/276870126.md) | | 前美軍戰機教官遭逮 被控未獲授權訓練中國軍方人員 | 美國司法部逮捕前空軍飛行員布朗,因其未經授權訓練中國軍方人員。布朗在中國逗留至 2023 年 12 月,近期返回美國後被捕。他被控與外國人士共謀,為中國空軍飛行員提供戰機訓練。布朗曾在美國空軍服役 24 年,後成為國防承包商,負責訓練飛行員 | [Link](https://longbridge.com/en/news/277022708.md) | | 百度蘿蔔快跑跨區測試項, 路段擴至 43.2 公里 測試車數倍增 | 運輸署更新了大嶼山跨區測試項目,測試路段擴展至 43.2 公裡,測試車輛數量增加。百度旗下的「蘿蔔快跑」成為首家獲準在該路線運行的企業。這是其自 2024 年 11 月以來的第五次擴展測試範圍,標誌著在香港自動駕駛測試網絡的戰略性進展。百度 | [Link](https://longbridge.com/en/news/276822137.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.