Hong Kong stock movement: ETERNITY INV rises 15.46%

Hong Kong Stock Movement

Stocks with High Trading Volume in the Industry

Anta Sports rose 0.87%, with a trading volume of HKD 366 million. Based on recent key news:

1. On September 29, Anta Sports announced the repurchase of 1.0838 million shares at a price of HKD 91.65-93.35, involving an amount of approximately HKD 99.8741 million. This move demonstrates the company's confidence in its own value, driving the stock price up.

2. On September 28, Anta Sports faced a public relations crisis with Arc'teryx, but the company's multi-brand strategy governance capability was put to the test, leading to some fluctuations as the market rethought its long-term development model.

3. On September 27, Anta Sports restructured each brand through divisions or independent companies in operations, with a short pause and adjustment allowing the company to move forward better, and the market reacted positively. The sports outdoor industry is steadily rising, with significant capital inflow.

Shenzhou International rose 0.25%. Based on recent important news:

1. On September 29, Shenzhou International improved efficiency through a vertically integrated supply chain model, consolidating cooperation with leading brand clients, which drove the stock price up. The company collaborates with brands like NIKE and ADIDAS, contributing 80.7% of annual total revenue. Data source: Company announcement.

2. On September 29, Shenzhou International expanded its overseas factories and improved efficiency to meet overseas market demand, driving the stock price up. The company focuses on technological innovation and green transformation, enhancing supply chain agility. Data source: Company announcement.

3. On September 29, Western Securities released a research report stating that Shenzhou International's revenue grew by 15.3%, and net profit attributable to shareholders increased by 8.39%, maintaining an "Overweight" rating, which drove the stock price up. Data source: Western Securities research report. The textile industry is facing intensified competition and significant cost pressure.

Lao Pu Gold rose 0.57%. Based on recent important news:

1. On September 29, Lao Pu Gold opened its third store in the Hong Kong International Financial Centre, further strengthening its market presence in Hong Kong and attracting high-net-worth individuals in the Central financial district, which drove the stock price up. According to the company's financial report, overseas business revenue grew significantly by approximately 455.2% year-on-year, accounting for 12.9%. Source: Viewpoint Network.

2. On September 29, the Secretary for Commerce and Economic Development, Edward Yau, attended the opening ceremony, emphasizing Hong Kong's strategic positioning as a luxury retail hub, consolidating its role as a gateway for mainland enterprises to "go global," and boosting market confidence. Source: Viewpoint Network.

3. On September 29, the Invest Hong Kong announced that Lao Pu Gold opened a new store in the Hong Kong International Financial Centre, leveraging Hong Kong's international status to promote the brand's internationalization process and further enhance brand influence. Source: Invest Hong Kong. The luxury goods market in Hong Kong is active, but risks need to be monitored.

Stocks with High Market Capitalization in the Industry

Prada rose 1.42% based on recent key news:

1. On September 29, a UBS research report indicated that despite the industry's downturn, Prada's profitability remains solid, but the stock price is affected by weak investor sentiment. The stock price has been under pressure this year, and UBS lowered its target price from HKD 77 to HKD 74

2. On September 27, TipRanks analysts Chauvet and Solca both maintained a strong buy rating for Prada, with target prices of $7.56 and $7.88 respectively, indicating market confidence in its long-term growth potential.

3. On September 29, market analysis pointed out that despite Prada's recent stock price decline, long-term shareholders still enjoy a 10% annual return, suggesting investors pay attention to its long-term growth trend. The luxury goods industry is overall underperforming, with weak investor sentiment