Hong Kong stock movement: NEO-NEON fell 10.47%

Hong Kong Stock Movement

Stocks with High Trading Volume in the Industry

CATL rose 3.39%. According to recent important news:

1. On September 26, CATL obtained a new patent authorization, enhancing battery assembly convenience, which drove the stock price up. Data source: Tianyancha

2. On September 29, CATL established a new company in Liyang, Jiangsu, to expand its new energy business and boost market confidence. Data source: Guandian.com

3. On September 26, CATL's market value surpassed Kweichow Moutai, attracting capital inflow into the technology sector, leading to a rise in stock price. Data source: Securities Star Technology stocks performed actively, with significant capital inflow.

Ruipu Lanjun rose 16.74%. Based on recent important news:

1. On September 29, Ruipu Lanjun signed a supply agreement for 2026 with Energy Vault, a global leader in grid-scale energy storage solutions. According to the agreement, Ruipu Lanjun will supply 3GWh energy storage systems to Energy Vault in 2026, and both parties will deepen cooperation in the Australian, American, and European markets. This news drove the stock price up, with a trading volume of HKD 528 million. Source: Jinwu Financial News The policy for recycling and utilizing power batteries promotes industry development.

Stocks with High Market Value in the Industry

Jinli Permanent Magnet rose 2.57% based on recent key news:

1. On September 29, the mainland government released the "Nonferrous Metals Industry Stabilization and Growth Work Plan (2025-2026)," with goals including an average annual growth of 1.5% in nonferrous metal production and a breakthrough of 20 million tons in recycled metal production, promoting the green and low-carbon development of the industry. This policy is favorable for nonferrous metals and resource stocks, leading to a 2.57% rise in Jinli Permanent Magnet's stock price.

2. On September 26, JP Morgan increased its holdings in Jinli Permanent Magnet by 62,120 shares, with an average price of HKD 22.471 per share, totaling approximately HKD 1.3959 million. After the increase, the holding ratio reached 5.01%. This move shows institutional confidence in the stock, driving the stock price up.

3. On September 26, Jinli Permanent Magnet released its financial report showing that the net profit attributable to the parent company in the second quarter of 2025 increased by 703.06% year-on-year, and the net profit excluding non-recurring items increased by 1256.66% year-on-year. Strong financial performance boosted market confidence, leading to a rise in stock price. Favorable policies in the nonferrous metals industry enhanced market confidence