Hong Kong Stock Movement: GOLDEN LEAF INT's stock price plummets 15.25%, as investors' concerns about profit outlook intensify

Hong Kong Stock Movement GOLDEN LEAF INT fell 15.25%. According to recent important news: On October 20, GOLDEN LEAF INT's stock price fell over 22%, hitting a new low since its listing. The stock debuted on the Hong Kong Stock Exchange's Growth Enterprise Market on October 10, with a price surge of 330% on its first day, but has recently seen a significant decline, with a trading volume of HKD 15.6749 million. The company expects a substantial decrease in net profit for the fiscal year 2025/26, mainly due to increased listing expenses. This news has undermined investor confidence, putting pressure on the stock price. On October 20, GOLDEN LEAF INT's stock price dropped over 22%, reaching HKD 0.64, which is less than 30% above the offering price. The company became the first "ten-thousand times subscribed stock" in Hong Kong's history with an oversubscription ratio of over 11,500 times during its public offering, but its recent stock performance has been poor, raising concerns among investors about its future profitability. On October 20, GOLDEN LEAF INT's stock price fell to HKD 0.64, marking a new low since its listing. The company focuses on the electromechanical engineering sector, with annual revenue exceeding HKD 100 million and annual profits only in the tens of millions. The market holds a cautious attitude towards its profitability and future development, leading to stock price fluctuations. The volatility in the Hong Kong Stock Exchange's Growth Enterprise Market has intensified, and investors should exercise caution. Stocks with High Trading Volume in the Industry China Railway Group rose 2.49%, with a trading volume reaching HKD 97.43 million, and no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. China Metallurgical Group rose 3.27%. According to recent important news: On October 19, the Aynak copper mine project in Afghanistan is expected to start by the end of the year, with rich copper resource reserves. Once in production, it will significantly enhance the company's performance and drive up the stock price. The company's main business is expected to benefit from the copper price upcycle, with overseas new contracts continuing to grow, and the risk of impairment release is being accounted for, leading to gradual improvement in the main business. Data source: Afghanistan Dawn News. On October 18, the company has adequately accounted for asset impairment and credit impairment losses, with the total impairment losses for H1 2025 accounting for 1.5% of the company's total revenue. Subsequently, with support from fiscal policies, infrastructure may gradually recover, and the main business is expected to improve. Data source: Tianfeng Securities copper price upcycle, overseas contract growth. Anhui Conch Holdings rose 2.75%. According to recent important news: On October 18, Anhui Conch Holdings received a BBB rating in the latest ESG rating, maintaining the previous rating level. Although it scored lower in the environmental (E) category, it scored high in the social (S) and governance (G) categories, demonstrating the company's advantages in social responsibility and governance structure. This rating result may enhance investor confidence in the company's long-term sustainable development, driving up the stock price. Data source: Huazheng Index. Industry ESG ratings impact investor confidence. Stocks with High Market Capitalization in the Industry China Communications Construction rose 0.78%. According to recent important news: On October 20, China Communications Construction announced the repurchase of 1.1476 million A shares, with a repurchase amount of 9.9997 million yuan and a repurchase price of 8.68-8.73 yuan. This move enhanced market confidence in the company's stock, driving the share price up. Data source: company announcement. On October 20, China Communications Investment Co., Ltd. announced the issuance of corporate bonds for technological innovation, totaling 1.5 billion yuan, with a coupon rate of 2.53%. The bond issuance increased the company's liquidity, supporting its future development. Data source: Guandian.com. On October 20, Xinjiang Dunruo Highway Investment Development Co., Ltd. was established, jointly held by Xinjiang Communications Construction and China Communications Construction, with a registered capital of 100 million yuan. This move expanded the company's influence in the infrastructure sector. Data source: Qichacha. The construction sector underperformed the market, with risk warnings for declining infrastructure investment