Yuegangwan Holdings rose by four percentage points, which is quite noticeable; the real estate and Hong Kong small-cap stocks moved against the trend with independent momentum; Weichai Power and Minth Group both experienced minor consolidation; TianGong International rose slightly, Zhejiang Shibao fell by almost five percentage points, and Chongqing Machinery & Electric fell by nearly ten percent😳
The internal stratification within the cyclical industrial sector of Hong Kong stocks is very clear; real estate small-cap stocks have independent capital flow; the automotive parts sector is suppressed by tariff uncertainty; engineering machinery like machinery & electrical equipment faces deeper pressure, which aligns with the weak expectations for domestic infrastructure investment Q2 data.
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