Hong Kong stock movement: ZCLOUD TECH CON rose 10.05%

Hong Kong Stock Movement

Stocks with High Trading Volume in the Industry

China Metallurgical Group Corporation (China MCC) had a trading volume of HKD 83.42 million. According to recent important news:

1. On October 14, China MCC announced that the new contract amount signed from January to September 2025 was CNY 76.067 billion, a year-on-year decrease of 14.7%, with overseas contract amounts increasing by 10.1%. This news led to a 5.73% drop in stock price. Data source: Company announcement.

2. On October 11, China MCC successfully won the bid for the construction and renovation project of the fluorite mine in Chifeng City, Inner Mongolia, with a total investment of CNY 800 million. This project may have a positive impact on the company's future performance. Data source: China MCC official WeChat.

3. In September, China MCC signed multiple major engineering contracts, with a total amount exceeding CNY 1 billion. This move demonstrates the company's continued activity in the engineering contracting field. Data source: Company announcement. The professional engineering industry is highly volatile and requires attention.

China Energy Engineering Corporation rose by 0.81%. According to recent important news:

1. On October 12, China Energy Engineering signed three general contracting engineering contracts for new energy projects with Saudi International Power and Water Company, with a total contract amount of approximately USD 2.745 billion, equivalent to about CNY 19.554 billion. This move pushed the stock price up, demonstrating the company's competitiveness and expansion capabilities in the international market.

2. On October 12, the two major energy infrastructure "national teams" from mainland China won multiple large new energy project contracts in Saudi Arabia, with a total contract amount reaching CNY 31.273 billion. As one of the countries with the fastest growth in global new energy investment, Saudi Arabia has attracted a large number of international companies, further enhancing China Energy's market position.

3. On October 14, Wuwei Wan Electric Wind Power Co., Ltd. was established with a registered capital of CNY 53.1884 million, and its business scope includes wind power technology services, among others. This indicates China Energy's continued expansion in the new energy field and the enhancement of its technical service capabilities. The new energy market is growing rapidly, and risks need to be monitored.

Stocks with High Market Capitalization in the Industry

China Communications Construction Company (CCCC) fell by 0.97%. There has been no important news recently; trading is active, and capital flow is evident. Considering the sector and industry trends, this stock shows significant volatility, and specific reasons need further observation. The international engineering sector has bright spots in demand structure, with risk warnings: uncontrolled real estate credit risk, policy stability exceeding expectations, and slower-than-expected progress in state-owned enterprise reform