---
title: "Hong Kong Stock Movement: NUOBIKAN's stock price plummets 16.31%, hit by dual blows of high-level fund withdrawal and profit concerns"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285314622.md"
description: "NUOBIKAN fell 16.31%; Weisheng Holdings fell 4.20%, with a transaction amount of HKD 249 million; Changguang Chenxin rose 1.69%, with a transaction amount of HKD 136 million; AAC Technologies fell 3.61%, with a transaction amount of HKD 131 million; China Railway Signal & Communication fell 0.29%, with a market value of HKD 37 billion"
datetime: "2026-05-06T05:21:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285314622.md)
  - [en](https://longbridge.com/en/news/285314622.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285314622.md)
---

# Hong Kong Stock Movement: NUOBIKAN's stock price plummets 16.31%, hit by dual blows of high-level fund withdrawal and profit concerns

**Hong Kong Stock Movement**

NUOBIKAN fell 16.31%. Based on recent news,

1.  On May 4th, NUOBIKAN's stock price rebounded by 11.34%, but trading volume decreased, indicating insufficient strength in the rebound. Market participants pointed out that after being included in the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect target list, funds chose to exit at high levels, leading to a significant drop in stock price. Source: Zhitong Finance
    
2.  On April 20th, NUOBIKAN was added to the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect target list, attracting incremental funds from the mainland, and the stock price surged at one point. Source: Zhitong Finance
    
3.  Performance under pressure, with a projected revenue growth of 23.7% year-on-year in 2025, but net profit only growing by 2.1%, raising market concerns about profit stability. Source: Zhitong Finance AI industry volatility intensifies, with unclear capital flows.
    

**Stocks with High Trading Volume in the Industry**

Weisheng Holdings fell 4.20%, with a trading volume of HKD 249 million, and no significant news recently. Trading is active, with clear capital flows. Considering the sector and industry trends, this stock shows significant volatility, and specific reasons need further observation.

Changguang Chenshin rose 1.69%, with a trading volume of HKD 136 million, and no significant news recently. Trading is active, with clear capital flows. Considering the sector and industry trends, this stock shows significant volatility, and specific reasons need further observation.

AAC Technologies fell 3.61%. Based on recent key news:

1.  On May 5th, AAC Technologies announced the repurchase of 200,000 shares, spending HKD 7.7957 million. This move is generally seen as a sign of the company's confidence in its own stock value, but it failed to prevent the stock price from falling.
    
2.  On May 4th, the overall recovery of the mobile phone supply chain led to a temporary increase of 4.83% in AAC Technologies' stock price. Apple Inc. released strong financial results, driving up the stock prices of related supply chain companies, but this did not have a lasting impact on AAC Technologies.
    
3.  Recently, Apple Inc. has shown strong performance, boosting market optimism about its supply chain. However, the volatility in AAC Technologies' stock price indicates that the market still has doubts about its short-term performance. The mobile phone supply chain is recovering, and Apple's performance is strong.
    

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

China Communications Construction Company fell 0.29%, with a market capitalization of HKD 37 billion, and no significant news recently. Trading is active, with clear capital flows. Considering the sector and industry trends, this stock shows significant volatility, and specific reasons need further observation

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