Hong Kong Stock Movement
SDHG fell 11.32%. Based on recent important news:
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On October 9, SDHG was announced to be removed from the index by the Hang Seng Index Company due to &#34;highly concentrated shareholding,&#34; leading to a significant drop in stock price. SDHG's stock price fell to HKD 3.87, a decline of 16.23%.
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On October 8, the Hang Seng Index Company announced that SDHG would be removed from the Hang Seng Composite Index and 10 other indices on October 24, further exacerbating market panic.
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On September 18, SDHG was named by the Hong Kong Securities and Futures Commission for &#34;highly concentrated shareholding,&#34; triggering a massive market sell-off, with the stock price plummeting 76.02% in a single day. The impact of the Hang Seng Index removal is significant.
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Stocks with High Trading Volume in the Industry
China Resources Power rose 0.22%. No recent news.
CGN Power fell 0.65%. Based on recent important news:
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On October 10, China General Nuclear Power obtained a new patent authorization involving radiation-resistant robot modules, demonstrating the company's ongoing investment in technological innovation, which may boost market confidence. Data source: Tianyancha.
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On October 9, CITIC Securities increased its holdings in CGN Power, raising its stake to 13.04%, indicating institutional optimism about the company's prospects, driving the stock price up. Data source: Hong Kong Stock Exchange.
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On October 9, the overall power sector rebounded, influenced by the State-owned Assets Supervision and Administration Commission's stable electricity price policy, enhancing market expectations of reduced downward pressure on electricity prices, which is favorable for CGN Power. Data source: Zhitong Finance.
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Longyuan Power fell 3.29%. Based on recent important news:
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On October 9, Longyuan Power's &#34;Wind Power Equipment Diagnosis and Safety Control Dataset&#34; was selected as a national typical case at the 2025 China International Big Data Industry Expo, showcasing the company's leading capabilities in data application and digital transformation. This news failed to boost the stock price, which instead fell due to market concerns about short-term profitability.
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On October 9, although the overall power sector rebounded, Longyuan Power did not follow suit due to ongoing market uncertainties regarding its future electricity pricing policy.
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On October 8, despite the company's significant contributions to the clean energy market and technical signals indicating a buy, market concerns about its short-term profitability persisted, putting pressure on the stock price. The power sector is rebounding, but policy uncertainties remain high.
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Stocks with High Market Capitalization in the Industry
Huaneng Power International rose 1.08%. Based on recent important news:
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On October 9, the overall power sector rebounded, and Huaneng Power's stock price rose 3.89%. The State-owned Assets Supervision and Administration Commission's meeting emphasized stabilizing electricity and coal prices, reducing vicious competition, and increasing thermal power capacity prices, enhancing market expectations for price stability, which drove the stock price up.
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On October 8, Huaneng Integrated Smart Energy Co., Ltd. was established with a registered capital of RMB 1 million, wholly owned by Huaneng Power International, expanding power generation and emerging energy technology services, enhancing the company's business diversification, which is favorable for the stock price
On September 25th, the State-owned Assets Supervision and Administration Commission held a meeting, emphasizing the stable electricity price policy. It is expected that the downward pressure on electricity prices will decrease, boosting market confidence and benefiting power stocks. Power stocks are recovering, supported by favorable policies
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SDHG fell 11.32%; China Resources Power rose 0.22%, with a transaction volume of HKD 139 million; China General Nuclear Power fell 0.65%, with a transaction volume of HKD 105 million; Longyuan Power fell 3.29%, with a transaction volume of HKD 105 million; Huaneng International Power Co., Ltd. rose 1.08%, with a market value of HKD 88.5 billion

Hong Kong Stock Movement: SDHG fell 11.32%