Hong Kong Stock Movement: CHANHIGH falls 17.57%

Hong Kong Stock Movement Stocks with High Trading Volume in the Industry China Metallurgical Group Corporation rose by 9.09%, with a trading volume of HKD 206 million. According to recent key news: On September 22, China Metallurgical Group Corporation made breakthrough progress in the Afghanistan Aynak Copper Mine and Pakistan's Sia Dyk Copper Mine projects, boosting the company's market value by HKD 8.015 billion and HKD 8.501 billion, respectively. The market's expectations for the value of the company's untapped mines are gradually reflected in its market value, leading to a significant increase in stock price. On September 22, the equity of Duolong Mining under Hongda Holdings was unfrozen, and the market's expectations for the value of its untapped mines have gradually reflected in the company's market value, which has increased by approximately HKD 15.7 billion to date. Compared to the increase in Duolong Mining's stock price, the amount of untapped copper mine rights resources held by China Metallurgical Group Corporation is higher, and the current market value increase is lower than that of Hongda Holdings, which may indicate that there is still room for the company's value reassessment. On September 22, the market's expectations for the Afghanistan Aynak Copper Mine and Pakistan's Sia Dyk Copper Mine projects held by China Metallurgical Group Corporation are gradually reflected in the company's market value, driving up the stock price. There are fluctuations in non-ferrous metal prices and macroeconomic downturn risks. JinJing New Energy rose by 0.26%. According to recent important news: On September 23, JinJing New Energy was added to the Hong Kong Stock Connect eligible securities list due to its share split, causing the stock price to soar over 60%. This move increased market attention on the stock, driving up its price. On September 23, JinJing New Energy announced the issuance of 1.383 billion new shares, further triggering market volatility. On September 23, the Hong Kong government promoted the construction of electric vehicle battery recycling facilities, and JinJing New Energy's related projects are progressing smoothly, enhancing market expectations for its future development. The adjustment of the Hong Kong Stock Connect has intensified market volatility. Stocks with High Market Value in the Industry China Railway Group has a market value of HKD 93 billion. According to recent key news: On September 24, China Railway Group established a new company, China Railway Construction Group Co., Ltd., in Zhejiang Province through its subsidiary China Railway Construction Engineering Group, with a registered capital of HKD 20 million. The business scope includes construction engineering contracting, design, electrical installation services, and specialized construction operations. This move shows the company's expansion into new business areas, which may have a positive impact on future performance. On September 22, Jiuzhou Yigui filed a lawsuit against China Railway Third Engineering Group in court to recover overdue payments and losses from delayed payments, totaling up to HKD 27.5366 million. This lawsuit may adversely affect China Railway Group's financial situation. No other significant news. The industry faces both expansion and financial risks