Hong Kong stock movement: STARPLUS LEGEND fell 11.79%, with no significant news but showing volatility. What is causing such market sentiment?

Hong Kong Stock Movement STARPLUS LEGEND, down 11.79%, 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 WH Group rose 7.23%. Based on recent key news: On March 24, WH Group announced its full-year results for 2025, with revenue increasing by 8.04% to USD 28.026 billion, and profit attributable to shareholders decreasing by 2.79% to USD 1.567 billion. After the earnings announcement, the stock price rose, indicating a positive market reaction to its revenue growth. Source: Zhitong Finance On March 25, Bank of America maintained a "Buy" rating on WH Group with a target price of HKD 11, believing its U.S. pork business is performing strongly and its profit outlook is stable. This rating supported the stock price increase. Source: Jingji Tong News Agency On March 24, WH Group announced a final dividend of HKD 0.41 per share, an increase from the previous year, further boosting investor confidence. Source: Zhitong Finance. The overall industry performance remains stable, with macroeconomic uncertainties still present. Mengniu Dairy rose 0.32%. Based on recent key news: On March 25, New Hope Liuhe plans to list in Hong Kong, intending to achieve international expansion through the Hong Kong stock platform and optimize its shareholder structure. This move may create competitive pressure on Mengniu Dairy, affecting its market performance. Source: Jiedian Finance On March 24, New Hope Liuhe's earnings report showed double-digit growth in the high-end fresh milk market, demonstrating strong product power and brand resilience. This may pose a challenge to Mengniu Dairy's market share. Source: Renmin Caixun On March 23, the dairy industry is facing dual challenges of consumption transformation and declining birth rates, intensifying market competition. Mengniu Dairy's performance in this context is under scrutiny. Source: Jiedian Finance. The dairy industry is experiencing intensified competition and significant market fluctuations. Master Kong Holdings fell 2.42%. Based on recent key news: On March 23, Master Kong Holdings announced its 2025 results, with net profit increasing by 20.5% year-on-year to RMB 4.501 billion, and a payout ratio of 100%, but revenue decreased by 2% year-on-year, putting pressure on the stock price. Source: Zhitong Finance On March 24, Morgan Stanley released a report maintaining a "Market Perform" rating on Master Kong, with a target price of HKD 12.3, pointing out that fluctuations in raw material costs may affect annual profit growth. Source: Zhitong Finance On March 25, Daiwa released a report reiterating an "Outperform" rating, raising the target price to HKD 14, emphasizing management's optimism about revenue growth in 2026, but noting that the situation in the Middle East affects PET costs. Source: Jinshi Data. The industry faces risks from fluctuations in raw material costs. Stocks with High Market Capitalization in the Industry Muyuán Co., Ltd. fell 0.05%. Based on recent key news: On March 24, the rise in feed prices intensified cost pressure. The increase in corn and soybean meal prices has led to higher breeding costs, with the pig-to-feed ratio falling below the breakeven line, affecting Muyuán Co., Ltd.'s profitability. Source: Blue Whale News On March 23, CICC gave Muyuán Co., Ltd. an "Outperform Industry" rating. CICC is optimistic about Muyuán Co., Ltd.'s long-term competitive advantages and profit growth potential, with a target price of HKD 63. Source: CICC Research Report On March 23, the A-share pork sector declined, with Muyuán Co., Ltd. nearing its daily limit down. Market concerns over supply and demand imbalance intensified, affecting investor confidence. Source: CHINA A-SHARE PORK SECTOR SLIPS, pork industry supply and demand imbalance, policy regulation strengthened