---
title: "Hong Kong stock movement: MOMENTUM FIN fell 10.11%, with no significant negative news, sharp fluctuations due to capital speculation"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288381022.md"
description: "MOMENTUM FIN fell 10.11%; Far East Horizon fell 1.20%, with a transaction volume of HKD 231 million; Shengye fell 1.64%, with a transaction volume of HKD 48.43 million; Tongtong AI Social rose 1.08%, with a transaction volume of HKD 19.95 million; Guoyin Financial Leasing's market value reached HKD 20 billion"
datetime: "2026-06-02T07:21:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288381022.md)
  - [en](https://longbridge.com/en/news/288381022.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288381022.md)
---

# Hong Kong stock movement: MOMENTUM FIN fell 10.11%, with no significant negative news, sharp fluctuations due to capital speculation

**Hong Kong Stock Movement**

Momentum Financial Holdings, down 10.11%, 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**

Far East Horizon, down 1.20%, with a trading volume of HKD 231 million, and 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.

Shengye down 1.64%. Based on recent news,

1.  On June 1, Shengye announced that the general manager of the strategic investment department, Yuan Ye, was appointed as an executive director and chairman of the sustainability committee. This news may raise market concerns about changes in the company's governance structure, leading to a decline in stock price.
    
2.  On June 1, Shengye disclosed that it provided Yuan Ye with a HKD 20 million interest-free loan for personal and family planning. This move may raise investor doubts about the company's financial management, further impacting the stock price.
    
3.  No other 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.
    

Tongtong AI Social, up 1.08%, with a trading volume of HKD 19.95 million, and 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 Market Capitalization in the Industry**

Guoyin Financial Leasing has a market capitalization of HKD 20 billion. Guoyin Financial Leasing has a market capitalization of HKD 20 billion. 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. no\_news

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