--- title: "Hong Kong Stock Movement: NE ELECTRIC falls 10.34%, with clear capital flow and increased volatility attracting market attention" type: "News" locale: "en" url: "https://longbridge.com/en/news/278023633.md" description: "NE ELECTRIC fell 10.34%; Contemporary Amperex Technology Co., Limited rose 0.54%, with a transaction volume of HKD 304 million; Huiju Technology fell 2.93%, with a transaction volume of HKD 124 million; Jinli Permanent Magnet fell 0.09%, with a transaction volume of HKD 41.87 million; ZhiDa Technology's market value reached HKD 74.3 billion" datetime: "2026-03-06T03:52:36.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278023633.md) - [en](https://longbridge.com/en/news/278023633.md) - [zh-HK](https://longbridge.com/zh-HK/news/278023633.md) --- # Hong Kong Stock Movement: NE ELECTRIC falls 10.34%, with clear capital flow and increased volatility attracting market attention **Hong Kong Stock Movement** NE ELECTRIC, down 10.34%, 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** CATL, up 0.54%. Based on recent news, 1. On March 5, CATL signed a memorandum of understanding with Rio Tinto Group, and both parties will carry out in-depth cooperation in electrification strategy, supply chain, and circular economy to promote low-carbon transformation. This news boosted the stock price. 2. On March 3, CATL announced the repurchase of 15,990,800 A shares, accounting for 0.3628% of the company's total share capital, with a total transaction amount of RMB 4.386 billion. The repurchase plan enhanced market confidence, driving the stock price up. 3. On March 4, CATL Chairman Zeng Yuqun stated at the National Committee of the Chinese People's Political Consultative Conference that the company will increase R&D investment, especially in applying artificial intelligence technology to promote global product and technology deployment. This statement boosted market confidence in the company's future development. The new energy industry performed strongly overall, with significant capital inflow. Gather Technology, down 2.93%, with a trading volume of HKD 124 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. Jinli Permanent Magnet, down 0.09%. Based on recent key news: 1. On March 2, JP Morgan reduced its holdings in Jinli Permanent Magnet by 1,680,560 shares at a price of HKD 24.5334, totaling approximately HKD 41.2299 million, reducing its holding ratio to 6.89%. This move may weaken market confidence in the stock, putting pressure on the stock price. 2. On February 26, HSBC Global Asset Management increased its holdings in Jinli Permanent Magnet by 3 million shares at a price of HKD 23.9163, totaling approximately HKD 71.7489 million, raising its holding ratio to 7.18%. This increase shows confidence in the company's future development, providing short-term support for the stock price. 3. On March 4, Soochow Securities reported that Jinli Permanent Magnet's 5μm base film product has significant technology premium, and it is expected that profitability will significantly improve in the future. The report gave the company a "Buy" rating with a target price of RMB 18.3, which may positively impact investor confidence. Industry competition is intensifying, and volatility risks should be monitored. **Stocks with High Market Capitalization in the Industry** Hello Group has a market capitalization of HKD 74.3 billion. Based on recent key news: 1. On March 3, Hello Group's share split plan officially took effect. The company will split each H share with a par value of RMB 1.00 into five H shares with a par value of RMB 0.20, lowering the trading threshold and increasing liquidity. Zhitong Finance 2. On February 13, the extraordinary general meeting approved the share split resolution. At the shareholders' meeting, all votes were in favor, showing shareholders' support for the company's development direction. Zhitong Finance 3. After the stock split, it attracts more capital attention to the new energy charging equipment sector. The stock split lowers the investment threshold, providing small and medium investors with more flexible entry opportunities. Zhitong Finance sees great potential in the new energy charging equipment sector ### Related Stocks - [00042.HK](https://longbridge.com/en/quote/00042.HK.md) ## Related News & Research - [CATL is said to consider up to $5 billion share sale after rally - Bloomberg news](https://longbridge.com/en/news/282546121.md) - [Contemporary Amperex Technology Co., Limited Class H (3750) Gets a Buy from CLSA](https://longbridge.com/en/news/282610766.md) - [Voicecomm Technology Enters HK$94 Million Share Sale Agreement](https://longbridge.com/en/news/282482425.md) - [HSBC plans to also add stablecoins in non-HKD currencies](https://longbridge.com/en/news/282331206.md) - [A Look At Dongfang Electric (SEHK:1072) Valuation After Strong Results And Higher Dividend](https://longbridge.com/en/news/282576665.md)