---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/40172030.md"
description: "ShanGao Holdings rose nearly 5%, but the trading volume was extremely low. It's hard to explain the price fluctuations of low-liquidity, small-cap Hong Kong stocks; chasing the rally is not recommended.Kingsoft fell slightly by 0.6%. There have been no major new product moves in gaming and office software recently, so it's moving sideways; Maifu Times fell over 1.7%. CRM stocks have inherently low attention in the Hong Kong market, and valuation recovery is very slow 😔Zejing shares rose slightly by 0.5%, and Aux Electric rose slightly by 0.4%. The liquidity is too poor, so the magnitude has no reference value."
datetime: "2026-04-24T11:05:42.000Z"
locales:
  - [en](https://longbridge.com/en/topics/40172030.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/40172030.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/40172030.md)
author: "[椿](https://longbridge.com/en/profiles/27514736.md)"
---

# ShanGao Holdings rose nearly 5%, but the trading v…


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