Hong Kong Stock Movement: GOLDEN LEAF INT's stock price plummets 10.17%, rising listing expenses raise profit concerns

Hong Kong Stock Market Movements Golden Leaf International Group fell by 10.17%. According to recent important news: On October 20, Golden Leaf International Group's stock price plummeted by 22.89%, hitting a new low since its listing. The company went public on October 10, with its stock price soaring by 330% on the first day, but has recently seen a significant decline due to a shift in market sentiment and increased listing expenses. The trading volume reached HKD 15.6749 million, indicating market concerns about its future profitability. Source: Zhitong Finance On October 20, Golden Leaf International Group projected a significant decrease in net profit for the fiscal year 2025/26 due to increased listing expenses. The company engages in electromechanical engineering in Hong Kong, primarily undertaking private projects, with annual revenue exceeding HKD 100 million, but profit margins only in the tens of millions. The market holds a cautious attitude towards its profit outlook. Source: Zhitong Finance No other significant news recently. The Hong Kong stock market has become more volatile, and investors should exercise caution. Stocks with High Trading Volume in the Industry China Railway Group rose by 3.23%, with a trading volume of HKD 88.13 million, and no significant news recently. The trading is active, with clear capital flow, and considering the sector and industry trends, the stock shows significant volatility, with specific reasons needing further observation. Anhui Conch Holdings rose by 2.64%. According to recent important news: On October 18, Anhui Conch Holdings received a BBB rating in the latest ESG assessment, maintaining its ranking. Although it scored lower in the environmental dimension, it performed well in the social and governance dimensions, boosting market confidence in its sustainable development and driving up the stock price. The Hong Kong stock market is active, and ESG ratings have a significant impact. JinJing New Energy (New) rose by 1.23%, with a trading volume of HKD 72.42 million, and no significant news recently. The trading is active, with clear capital flow, and considering the sector and industry trends, the stock shows significant volatility, with specific reasons needing further observation. Stocks with High Market Capitalization in the Industry China Communications Construction Company rose by 0.59%. According to recent important news: On October 20, China Communications Construction Company announced it would spend HKD 9.9997 million to repurchase 1.1476 million A shares, with a repurchase price of HKD 8.68-8.73 per share. This move demonstrates the company's confidence in its own value, driving the stock price up by 0.59%. Data source: Company announcement On October 20, CCCC Investment Co., Ltd. announced the issuance of CNY 1.5 billion in corporate bonds for technological innovation, with a coupon rate of 2.53%. This move may enhance the company's liquidity, indirectly supporting the stock price. Data source: Viewpoint Network On October 20, Xinjiang Dunruo Highway Investment Development Co., Ltd. was established, with shares held jointly by China Communications Construction and others, indicating the company's expansion in the infrastructure sector, which may boost market confidence. Data source: Qichacha. The construction sector has underperformed the market this week, and risks need to be monitored