--- title: "Hong Kong Stock Movement: GD-HKGBA HLDGS rises 11.64%, with clear capital flow; can market sentiment be sustained?" type: "News" locale: "en" url: "https://longbridge.com/en/news/285899961.md" description: "GD-HKGBA HLDGS rose 11.64%; China Resources Land rose 4.46%, with a transaction volume of HKD 1.863 billion; China Overseas Land & Investment rose 2.89%, with a transaction volume of HKD 1.63 billion; Longfor Group rose 8.42%, with a transaction volume of HKD 476 million; Cheung Kong Holdings fell 0.68%, with a market value of HKD 178.3 billion" datetime: "2026-05-11T07:41:51.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285899961.md) - [en](https://longbridge.com/en/news/285899961.md) - [zh-HK](https://longbridge.com/zh-HK/news/285899961.md) --- # Hong Kong Stock Movement: GD-HKGBA HLDGS rises 11.64%, with clear capital flow; can market sentiment be sustained? **Hong Kong Stock Movement** GD-HKGBA HLDGS, up 11.64%, 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** China Resources Land up 4.46%. Based on recent key news: 1. On May 8, Morgan Stanley raised the target price for China Resources Land to HKD 42.6, maintaining an "Overweight" rating. The firm believes the company's development business gross margin has bottomed out, and strong sales growth is driving the stock price up. Source: Zhitong Finance 2. On May 8, China Resources Land's contract sales in April increased by 50% year-on-year, and sales during the May Day Golden Week increased by over 20% year-on-year, with cumulative sales turning positive to a 2% year-on-year increase. Strong sales data supports the rise in stock price. Source: Guandian Network 3. On May 11, Citi raised the target price for China Resources Land to HKD 42.4, believing that the Shanghai real estate market recovery has entered a demand-upgrading phase, with significant capital inflow into the real estate sector. Source: Citi Securities China Overseas Land & Investment up 2.89%. Based on recent key news: 1. On May 8, Zhitong Finance reported that the domestic property sector continued to rise under stable data from the May Day Golden Week, with JPMorgan expecting the industry to continue outperforming the market, driving up China Overseas Land & Investment's stock price. 2. On May 8, Morningstar pointed out that major cities like Shenzhen have relaxed home purchase quota restrictions, stimulating short-term transactions. Although national new home sales and prices are expected to rebound only by 2027, favorable policies are driving up stock prices. 3. On May 11, Bank of America Securities raised the target price for China Overseas Land & Investment to HKD 17, rating it as "Buy," expecting steady profit recovery to drive up stock prices. The domestic property sector is in the early stages of recovery, with favorable policies. Longfor Group up 8.42%. Based on recent key news: 1. On May 8, domestic property stocks continued to rebound, and Longfor Group's stock price rose. During the May Day holiday, new real estate policies were intensively implemented in many areas, restoring market confidence and increasing the heat in the real estate market, driving up Longfor Group's stock price. Source: Zhitong Finance 2. On May 9, the sales of the Longfor·Guancui project were booming, with the first batch of housing units sold out. The first batch of 92 units in the Shenzhen Longfor·Guancui project sold out within 40 minutes of opening, with a signing rate of 100%, showing strong market demand for Longfor projects, further driving up stock prices. Source: Guandian Network 3. On May 8, Fosun International's performance loss affected market sentiment. Fosun International reported significant annual losses, with substantial asset impairment in the real estate sector. Although Longfor Group's stock price rose, the overall risk in the real estate industry still needs attention. Source: Zhitong Finance The impact of policy changes in the real estate market is significant. **Stocks with High Market Capitalization in the Industry** Cheung Kong Holdings down 0.68%. Based on recent key news: 1. On May 11, Cheung Kong Holdings' Sha Tin Mingri·Nine Peaks project sold a high-level sea view unit through bidding, with a strong market response, driving stock price fluctuations. The project has sold 7 units in the past 3 weeks, cashing out over HKD 115 million, and the developer plans to raise the transaction amount by over 3% Source: Viewpoint Network 2. On May 8th, Cheung Kong Group, Power Assets Holdings, and CK Infrastructure jointly subscribed to CK William shares, adjusting the capital structure to enhance financial flexibility. The subscription price was approximately HKD 6.599 billion, causing fluctuations in the stock price. Source: Zhitong Finance 3. On May 8th, the Lands Department announced the pre-sale application for Phase 3 of Cheung Kong's Kai Tak Flower Sea, involving 282 units, expected to be completed by the end of September 2027, with a sales period of about 17 months. This news has an impact on the stock price. 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