--- title: "Hong Kong Stock Movement: APAC Resources' share placement plan triggers market panic, stock price plummets by 29.82%!" type: "News" locale: "en" url: "https://longbridge.com/en/news/287992931.md" description: "APAC RESOURCES fell 29.82%; Ziyuan Holdings had a transaction volume of HKD 3.08 million; Yida Commodity had a transaction volume of HKD 140,100; Weilu Group fell 0.37%, with a transaction volume of HKD 128,400; Bank of China Aviation Leasing rose 2.16%, with a market value of HKD 54.2 billion" datetime: "2026-05-29T01:32:26.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287992931.md) - [en](https://longbridge.com/en/news/287992931.md) - [zh-HK](https://longbridge.com/zh-HK/news/287992931.md) --- # Hong Kong Stock Movement: APAC Resources' share placement plan triggers market panic, stock price plummets by 29.82%! **Hong Kong Stock Movement** APAC Resources fell 29.82%. Based on recent key news: 1. On May 29, APAC Resources announced a rights issue on a "2 for 1" basis, with the subscription price set at HKD 1.45 per share, representing a discount of approximately 33.49% from the previous day's closing price. This move led to a decline in market confidence in the company's stock price, resulting in a significant drop. Source: Zhitong Finance 2. On May 28, APAC Resources planned to raise up to HKD 1.18 billion through the rights issue, with funds intended for repaying bank loans and enhancing investment capacity. Concerns about the company's financial condition intensified, further pressuring the stock price. Source: Zhitong Finance 3. On May 26, APAC Resources announced an unaudited net asset value per share of HKD 5.06, reflecting the company's asset status, but failed to alleviate market negative sentiment regarding its rights issue plan. Source: Zhitong Finance. The resource industry has recently seen increased volatility, and investment should be approached with caution. **Stocks with High Trading Volume in the Industry** Zhiyuan Holdings had a trading volume of HKD 3.08 million. Based on recent key news: 1. On May 27, Zhiyuan Holdings entered the new materials sector by integrating Indonesian nickel mines and Australian vanadium-titanium magnetite projects, while also increasing its lithium resources to build an integrated lithium value chain. Lithium carbonate prices are expected to rebound from HKD 60,000/ton in mid-2025 to HKD 190,000/ton, driving both volume and price growth in the new energy resource business. Source: Wind 2. On May 27, the financial sector of Zhiyuan Holdings became an important growth driver, with financial business revenue expected to maintain a level of HKD 800-900 million in 2026, and asset management and supply chain finance likely to contribute over 15% growth. Source: Wind 3. On May 27, Zhiyuan Holdings entered the AI computing power leasing market, with explosive demand for AI large model inference driving both volume and price growth in the computing power leasing market, marking the industry's entry into a high-growth period. Source: Wind. The dual drivers of new energy and digital economy are rapidly boosting industry growth. Yida Commodity had a trading volume of HKD 140,100, with no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. Weilu Group fell 0.37%, with a trading volume of HKD 128,400, and no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. **Stocks with High Market Capitalization in the Industry** Bank of China Aviation Leasing rose 2.16%, with a market capitalization of HKD 54.2 billion, and no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation ### Related Stocks - [01104.HK](https://longbridge.com/en/quote/01104.HK.md) - [00990.HK](https://longbridge.com/en/quote/00990.HK.md) - [01733.HK](https://longbridge.com/en/quote/01733.HK.md) - [01196.HK](https://longbridge.com/en/quote/01196.HK.md) - [02588.HK](https://longbridge.com/en/quote/02588.HK.md) ## Related News & Research - [APAC Resources Reports Unaudited Net Asset Value of HK$5.00 Per Share](https://longbridge.com/en/news/290621039.md) - [1 of the Most Interesting AI Stocks in the Market Isn’t a Tech Company](https://longbridge.com/en/news/290606417.md) - [Cross-Border Capital Navigates Hong Kong's Diverging ETF and REIT Landscape](https://longbridge.com/en/news/290538803.md) - [Vongroup Details Strategic Rationale for Slencor AI Acquisition Deal](https://longbridge.com/en/news/290465155.md) - [New 'AI brain' could help make US supply of critical minerals more robust](https://longbridge.com/en/news/290354222.md)