HU-XXF @EC2606A

Xixiangfeng Group Aims to Acquire Controlling Stake in Kuangshi Tech for Smart Driving Business Expansion

Xiyundige (Fujian) Technology Co., Ltd. Signs Agreement with Kuangshi Technology Co., Ltd.

Xixiangfeng Group's subsidiary plans to acquire a stake in Kuangshi Technology

Xixiangfeng Group Signs Strategic Cooperation Agreement with Xinshiqi for Autonomous Vehicles

Xiangxiangfeng Reaches Strategic Cooperation with Hangzhou Wisdom Malldonkey in Urban Delivery and Logistics Ecosystem

XXF released FY2025 Q1 earnings on August 20 (BJT), actual revenue HKD 0, actual EPS HKD 0

XXF released FY2025 Semi-Annual earnings on August 20 After-Market (BJT), actual revenue HKD 663.8 M, actual EPS HKD 0.0148

XXF released FY2025 Q2 earnings on August 20 After-Market (BJT), actual revenue HKD 335.51 M, actual EPS HKD 0.0074

XXF to Release FY2025 Semi-Annual Earnings on August 20, 2025 (BJT)

Happiness Group Changes Company Secretary and Authorized Representative

Xiangxiang Low Altitude Comprehensive Service Co., Ltd. Enters Low Altitude Economy Sector

XXF released FY2024 9 Months Earnings on March 20 (BJT), with actual revenue of 910.73 M HKD and EPS of 0.0199 HKD

XXF released FY2024 Q3 earnings on March 20 (BJT), actual revenue 366.53 M HKD, actual EPS 0.0069 HKD

XXF released FY2024 annual earnings on March 20 After-Market (BJT), actual revenue 1.262 B HKD, actual EPS 0.0266 HKD

XXF released FY2024 Q4 earnings on March 20 After-Market (BJT), actual revenue 351.78 M HKD, actual EPS 0.0066 HKD

XXF to Release FY2024 Earnings on March 20, 2025, After-Market BJT

Xixiangfeng Group's Stock Split into 3 Shares Effective December 5, 2024

Xixiangfeng Group and Tuhu Car Maintenance Sign Strategic Cooperation Agreement in Shanghai, Initiating Deep Cooperation in Automotive Services

Xixiangfeng Group Proposes Share Split

XXF released FY2024 Q1 earnings on August 18 (BJT) with revenue of 273.27M HKD and EPS of 0.0065

UNI PRINTSHOP

WING CHI HLDGS

CINESE INTL

WAN KEI GROUP

CHINA WACAN

JH EDUCATION

DIGITAL DOMAIN

LOTUS HORIZON

VICO INTL HLDGS

K W NELSON GP

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The three major indices of the Hong Kong stock market adjusted during the trading session, with the Hang Seng Index falling by 1.52%, the Hang Seng Tech Index dropping by 1.13%, and the National Enterprises Index decreasing by 1.01%. The internet content and information, as well as the retail sectors, weakened collectively, with Tencent Holdings down by 0.90%, Alibaba -W down by 3.07%, and Xiaomi Group -W slightly up by 0.23%. Mainstream market funds are focusing on leading heavyweight stocks, while there is a divergence in the hardware sector. Among popular stocks, Long Resources and CMON performed exceptionally well, attracting structural fund attention. Investors are closely monitoring changes in macro data such as retail and import/export figures

- The Hong Kong stock market experienced a collective decline, with the Hang Seng Index dropping 1.52% to 26,476 points.  
- Key sectors showing weakness include internet content and retail, driven by cautious capital flow and weak consumer demand, notably affecting stocks like Alibaba and Tencent.  
- Investors are focused on macroeconomic indicators, with fluctuations in manufacturing and liquidity significantly influencing market sentiment and causing sector rotation.

Market Heartbeat

TENCENT

BIDU-SW

KUAISHOU-W

BABA-W

JD-SW

MNSO

XIAOMI-W

LENOVO GROUP

LEGENDHOLDING

DRAGON MINING

CMON

HENLIUS

JIAXIN INTL RES

YOFC

AXA SPDB CSI Hugangshen Game and Culture Media ETF

Amplify Online Retail ETF

ProShares Online Retail

Hwabao CSI HK Equities Internet ETF

Emerging Markets Internet ETF

E Fund CSI HK Connect Internet ETF

Global X E-commerce ETF

KraneShares 2x Long BABA Daily ETF

Alibaba

BABA 2x Long Daily ETF - GraniteShares

Tencent Holdings Limited

SPDR S&P Retail ETF

Hong Kong stock market intraday | The Hang Seng Index fell 1.52%, with the internet and retail sectors under pressure during the session, while Long Resources saw a notable increase

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XXF(02473) fell 14.35%, with a trading turnover 796.8 Million HKD, and a year-to-date fell 74.6%. TIANQI LITHIUM(09696) fell 13.33%, with a trading turnover 585.6 Million HKD, and a year-to-date fell 16%. SEAZEN(01030) fell 13.17%, with a trading turnover 1.1 Billion HKD, and a year-to-date rose 19%.

Top Gainers & Losers

TIANQI LITHIUM

SEAZEN

MIRXES-B

DRINDA

MONGOL MINING

CDAYENONFER

CNGR

MINIMAX-WP

KINETIC DEV

Top 10 HK Stock Losers (2.5)

The market overview of Hong Kong stocks in the past hour shows a clear divergence in market sentiment. Some technology and new energy stocks are under pressure, while certain sectors exhibit strong rebound momentum. The sharp decline of LEMO SERVICES has attracted widespread attention in the market. Overall, the capital flow seems to favor individual stocks with high short-term heat, leading to increased volatility and a tighter trading rhythm in the short term. Meanwhile, the strong rise of C&D NEWIN injects a bit of vitality into the market, indicating a rapid switch of funds between different sectors. 

The most volatile stocks in the past hour include LEMO SERVICES, which plummeted by 37.14%, with a gloomy sentiment during the session and a surge in sell orders, suggesting that the market has significant doubts about its future prospects, resulting in a sharp decline in stock price. At the same time, GRAPHEX GROUP also faced a heavy drop of 27.37%, with the withdrawal of short-term funds making its performance even weaker. 

Strong stocks:
1. C&D NEWIN: Up 22.63%, showing strong buying interest despite the overall market pressure, attracting attention from many short-term funds.
2. METROPOLIS CAP: Up 10.42%, recent capital inflows indicate optimistic expectations for its future development, with a noticeable increase in short-term heat.
3. DRINDA: Although it fell by 10.71%, it rebounded at one point during the session, showing some recognition of its value by certain funds, which may present a rebound opportunity in the short term.

Stocks under pressure:
1. CENTURY LEGEND: Down 24.00%, with increasing market concerns about its future performance leading to a continuous rise in sell orders

HK Stock Movers Tracker

LEMO SERVICES

GRAPHEX GROUP

CENTURY LEGEND

C&D NEWIN

RAFFLESINTERIOR

SPT ENERGY

METROPOLIS CAP

Hong Kong Stock Movement Update: Tech stocks plummet, LEMO SERVICES falls 37%, C&D NEWIN rises 22% against the trend

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Market Overview of Hong Kong Stocks in the Last Hour

Market sentiment seems to have shown a clear divergence, with stocks experiencing significant fluctuations attracting investors' attention. The strong rise of BRAINAURORA-B has stimulated short-term capital activity, while other stocks have shown varying degrees of pressure, particularly in the technology and financial sectors, which have performed relatively weakly. Overall, capital preferences appear to be switching between small-cap stocks and thematic stocks, with noticeable changes in short-term enthusiasm, increased volatility, and a faster market pace.

In the last hour, the stock with the largest abnormal movement was BRAINAURORA-B, which rose by 17.51%, attracting strong attention in the market, with significant capital inflow and heightened short-term sentiment, indicating potential for further upward movement. The stock's performance has attracted a considerable amount of chasing funds, boosting the activity of related sectors.

Strong Stocks:
1. BRAINAURORA-B: Up 17.51%, short-term capital influx, heightened sentiment, increased market attention.
2. Liji Engineering Holdings: Small increase, but stable recent performance, attracting some conservative funds.
3. Global Strategic Group: Despite the lack of significant catalysts, it has maintained a certain level of activity, demonstrating market resilience.

Stocks Under Pressure:
1. BITSTRAT HLDGS: Down 17.20%, market sentiment is sluggish, significant capital outflow, short-term investors' sentiment is frustrated.
2. FINSOFT FIN: Down 14.93%, lacking support, clearly under pressure in the short term, insufficient investor confidence.
3. ASIAPAC FIN INV: Down 14.00%, market reaction is relatively tepid, continuous capital outflow, weakening short-term enthusiasm

BRAINAURORA-B

BITSTRAT HLDGS

FINSOFT FIN

ASIAPAC FIN INV

WANGUO GOLD GP

Hong Kong Stock Movement Update: BRAINAURORA-B surged 17.51%, BITSTRAT HLDGS fell by 17.20%

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XXF(02473) fell 21%, with a trading turnover 1.4 Billion HKD, and a year-to-date fell 70.3%. KINGDEE INT'L(00268) fell 12.64%, with a trading turnover 1.6 Billion HKD, and a year-to-date fell 16.8%. JST GROUP(06687) fell 11.6%, with a trading turnover 11.1 Million HKD, and a year-to-date fell 29.7%.

KINGDEE INT'L

JST GROUP

MEITU

INSPUR DIGI ENT

NEWBORNTOWN

UNISOUND

INNOGEN-B

Medtide Inc.

Top 10 HK Stock Losers (2.4)

XXF fell 16.67%; Zhongsheng Holdings rose 0.93%, with a transaction volume of HKD 53.73 million; Guanran Holdings fell 2.14%, with a transaction volume of HKD 3.97 million; Yongda Automotive fell 0.63%, with a transaction volume of HKD 2.49 million; Meidong Automotive fell 2.67%, with a market value of HKD 1.966 billion

Hong Kong stock movement: XXF Group fell 16.67%, legal disputes and management risks triggered market panic

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Market Overview of Hong Kong Stocks in the Last Hour Market sentiment seems to have warmed recently, especially with small-cap stocks and the new energy sector performing actively. YUK WING GP and GUOFUHEE saw strong increases, rising 20.45% and 20.21% respectively, attracting significant short-term capital attention, indicating a market preference for these themes. Meanwhile, the declines of XXF and UNISOUND reflect a divergence in capital, with investors appearing more cautious in their selections. Overall, the market pace is relatively fast, short-term enthusiasm has clearly increased, volatility has intensified, and investor sentiment is constantly changing. The stock with the largest movement in the last hour, YUK WING GP, saw its price rapidly climb in a short time, with noticeable capital inflow, seemingly driven by market enthusiasm and high short-term sentiment. The strong performance of this stock not only boosted its own gains but also injected vitality into related sectors, attracting more investors' attention. Strong Stocks 1. YUK WING GP: Up 20.45%, significant short-term capital inflow, high market sentiment. 2. GUOFUHEE: Up 20.21%, recently stimulated by favorable new energy policies, attracting a large number of buyers. 3. Other small-cap stocks: Active performance, enhanced capital liquidity, and sustained short-term enthusiasm. Under Pressure Stocks 1. XXF: Down 11.33%, market sentiment weakened, significant capital outflow. 2. UNISOUND: Down 10.11%, lacking catalytic factors in the short term, insufficient investor confidence

YUK WING GP

GUOFUHEE

Hong Kong Stock Movement Quick Report: The hydrogen energy sector rebounds strongly, YUK WING GP and GUOFUHEE both rise over 20%

XXF fell 11.33%; Zhongsheng Holdings rose 0.76%, with a transaction volume of HKD 50.72 million; Guanran Holdings fell 2.71%, with a transaction volume of HKD 3.64 million; Yongda Automobile fell 1.27%, with a transaction volume of HKD 2.1 million; Meidong Automobile fell 4.67%, with a market value of HKD 1.925 billion

Hong Kong Stock Movement: XXF Group's stock price plummets 11.33%, legal risks and operational concerns trigger market panic

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The three major indices of the Hong Kong stock market have pulled back from yesterday's highs, with the internet content and information sector leading the decline. Tencent Holdings and Kuaishou-W fell by 5.10% and 6.10%, respectively. The retail sector showed mixed performance, while the gold sector experienced fluctuations. Market differentiation has intensified, with a clear risk aversion sentiment among investors, and liquidity and macroeconomic data are receiving significant attention

- The Hong Kong stock market saw declines, with the Hang Seng Index at 26,709.63 points, down 0.25%.  
- Major internet stocks fell sharply, reflecting reduced risk appetite among investors, while the retail sector saw mixed performance.  
- External economic factors influenced market liquidity and retail trade, leading to cautious sentiment among main investors.

ZIJIN MINING

ZIJIN GOLD INTL

SD GOLD

FANGZHOU JIANKE

INSILICO

ISHARESHSTECH

Tencent

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

Tianhong Hang Seng TECH ETF(QDII)

HSTECH ETF

CSOP HS TECH

CAM HS TECH

Hang Seng TECH ETF I

Dacheng Hang Seng Technology ETF(QDII)

GX HS TECH

Hong Kong stock market intraday | The Hang Seng Index and Technology Index are under pressure and adjusting, with the internet content sector experiencing a significant decline, and leading stock Kuaishou plummeting sharply

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In the past hour, the Hong Kong stock market has shown a strong upward trend overall, especially with small-cap stocks and thematic stocks performing prominently, as funds seem to be actively chasing short-term hotspots. The strong surge of FANGZHOU JIANKE and XXF has boosted market sentiment, with short-term enthusiasm clearly rising. Meanwhile, the technology and pharmaceutical sectors have also demonstrated strong resilience under the push of funds, with increased volatility, a faster market rhythm, and a rise in investors' risk appetite. In the past hour, the stock with the largest movement, FANGZHOU JIANKE, saw an increase of 21.57%, attracting a large influx of funds in a short time, indicating strong market confidence in its future development. The stock's performance seems to have led to the rise of other related stocks, creating a positive sector effect. Strong stocks: 1. XXF: up 20.66%, driven by optimistic expectations for its business prospects, leading to a rapid increase in stock price. 2. SV VISION: up 20.41%, with active short-term fund involvement making this stock stand out in the market, attracting the attention of many investors. 3. DRINDA: up 15.93%, performing well against the backdrop of high market sentiment, with noticeable fund inflow. 4. BASETROPHY GP: up 10.66%, although the increase is relatively small, its stable performance is still recognized by the market. 5. INSILICO: up 10.37%, driven by technology stocks, this stock has also shown strong upward momentum, attracting considerable short-term funds

SV VISION

BASETROPHY GP

Hong Kong Stock Movement Quick Report: The healthcare sector rebounded strongly, with FANGZHOU JIANKE and XXF rising over 20%

XXF Group surged 20.66%; Zhongsheng Holdings rose 0.26%, with a transaction volume of HKD 9.61 million; Yongda Automobile increased by 1.94%, with a transaction volume of HKD 418,900; Guanran Holdings rose 1.64%, with a transaction volume of HKD 134,600; Meidong Automobile increased by 3.42%, with a market value of HKD 2.033 billion

Hong Kong Stock Movement: XXF Group surged 20.66%, new cooperation model attracts market attention, governance risk concerns still exist

XXF Group Holdings Limited has issued a statement regarding unusual trading activity in its shares, indicating no known reasons for the price movements. The board confirmed that business operations are normal, with no significant changes in management or financial status. Additionally, no substantial shareholders or directors have sold shares during this period. Shareholders and potential investors are advised to exercise caution when trading the company's shares.

Reuters

XXF Group Says No Reason for Unusual Share Movements

HU-XXF @EC2606A(29782.HK)

Hong Kong stock market intraday | The Hang Seng Index fell 1.52%, with the internet and retail sectors under pressure during the session, while Long Resources saw a notable increase

Top 10 HK Stock Losers (2.5)

Hong Kong Stock Movement Update: Tech stocks plummet, LEMO SERVICES falls 37%, C&D NEWIN rises 22% against the trend

Hong Kong Stock Movement Update: BRAINAURORA-B surged 17.51%, BITSTRAT HLDGS fell by 17.20%

Top 10 HK Stock Losers (2.4)