--- title: "Hong Kong Stock Movement: KO YO GROUP's net loss widened by 20.25%, leading to a sharp decline, with concerns in the market over the continuous drop in gross margin" type: "News" locale: "en" url: "https://longbridge.com/en/news/279193518.md" description: "KO YO GROUP fell 20.25%; Sinochem Fertilizer fell 5.29%, with a transaction amount of HKD 77.43 million; China Heart-to-Heart Fertilizer fell 7.05%, with a transaction amount of HKD 49.61 million; CNOOC Oil & Chemical fell 8.38%, with a transaction amount of HKD 43.21 million; Migo Group fell 0.13%, with a market value of HKD 7.008 billion" datetime: "2026-03-16T02:47:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279193518.md) - [en](https://longbridge.com/en/news/279193518.md) - [zh-HK](https://longbridge.com/zh-HK/news/279193518.md) --- # Hong Kong Stock Movement: KO YO GROUP's net loss widened by 20.25%, leading to a sharp decline, with concerns in the market over the continuous drop in gross margin **Hong Kong Stock Movement** KO YO GROUP fell 20.25%. Based on recent key news: 1. On March 16, KO YO GROUP announced a net loss of approximately RMB 709 million for the year ended December 31, which is an increase from the net loss of RMB 500 million in 2024. The increase in net loss was mainly due to a decline in product gross margin and an impairment loss of approximately RMB 245 million on fixed assets. The average selling prices of chemical products and fertilizers fell last year, leading to a decrease in product gross margin. This news caused a significant drop in the stock price. 2. On March 16, the market expressed concerns about KO YO GROUP's financial condition, especially regarding the continuous decline in its product gross margin. The average gross margin for the group's products was approximately 3% last year, while the average gross margin for 2024 was about 1.3%. Investor confidence in the company's future profitability weakened, further driving down the stock price. 3. No other significant news recently. The chemical industry is facing price pressure, increasing risks. **Stocks with High Trading Volume in the Industry** Sinochem Fertilizer fell 5.29%. Based on recent key news: 1. On March 12, Sinochem Fertilizer issued a notice requiring customers not to engage in speculation or hoarding to maintain market order stability. This move aims to implement the national spirit of ensuring fertilizer supply and stabilizing prices, affecting market confidence and leading to a decline in stock price. Source: Securities Times 2. On March 12, domestic potassium fertilizer companies announced prices and sales to accept social supervision, increasing market concerns about price fluctuations, affecting stock prices. Source: Securities Times 3. On March 12, China released commercial fertilizer reserves in advance to support spring plowing, increasing market supply, which may lead to price pressure. Source: Zhitong Finance, the potassium fertilizer industry faces price fluctuation risks. China Heart-to-Heart Fertilizer fell 7.05%. Based on recent key news: 1. On March 13, China released commercial fertilizer reserves in advance to support spring planting, leading to increased market supply, lowering prices, and affecting stock price decline. 2. On March 12, Sinochem Fertilizer issued a notice requiring customers not to engage in speculation and hoarding to maintain market order stability. This move aims to regulate market behavior and reduce price fluctuations, affecting stock prices. 3. No other significant news recently. Policy adjustments in the fertilizer industry affect market volatility. CNOOC Chemical fell 8.38%. Based on recent key news: 1. On March 13, the Hong Kong stock market's volatility weakened, and speculators' confidence was insufficient, leading to a decline in CNOOC Chemical's stock price. Market observers pointed out that the volatility of Hong Kong stocks has gradually weakened recently, and insufficient confidence among speculators led to an 8.38% drop in CNOOC Chemical's stock price. 2. On March 12, the energy sector performed strongly in the short term, but CNOOC Chemical failed to benefit. Despite the strong short-term performance of the energy sector, CNOOC Chemical did not benefit, and the stock price fell. 3. On March 11, the market awaited new news stimuli, and trading volume decreased. The decrease in market trading volume, as investors awaited new market news stimuli, led to stock price fluctuations. The volatility of Hong Kong stocks weakened, and trading volume decreased **Stocks Ranked Among the Top in Industry Market Capitalization** Mikado Group, down 0.13%, with a market capitalization of HKD 7.008 billion, has 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 ### Related Stocks - [00827.HK](https://longbridge.com/en/quote/00827.HK.md) ## Related News & Research - [Oman India Fertiliser Co aims for $2.5bn valuation](https://longbridge.com/en/news/286429479.md) - [Fertiliser subsidy bill for FY27 may rise by ₹70,000 cr on West Asia crisis](https://longbridge.com/en/news/286762231.md) - [Malaysia palm replanting slows on rising costs of fuel, fertiliser](https://longbridge.com/en/news/286861049.md) - [Rising costs and planning myths challenge farm futures](https://longbridge.com/en/news/286028231.md) - [Benzinga adds Japan media and fertilizer stocks to May picks](https://longbridge.com/en/news/286646860.md)