Hong Kong Stock Movement
INNOVAX HLDGS surged 23.21%. Based on recent key news:
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On October 28, INNOVAX HLDGS released its interim results, showing a turnaround from loss to profit. The company achieved a profit of HKD 18.279 million for the six months ending August 31, 2025, compared to a loss of HKD 22.889 million in the same period last year. This performance shift was mainly due to an increase in the fair value gains of financial assets, driving the stock price up.
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On October 28, INNOVAX HLDGS reported earnings per share of HKD 0.3047, a significant improvement from the loss in the same period last year. This profit growth enhanced market confidence, further driving the stock price up.
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On October 28, despite a year-on-year decline of 87.2% in revenue, the improvement in profitability attracted investor attention, leading to a substantial increase in stock price. The diversified financial industry has shown volatility recently.
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Stocks with High Trading Volume in the Industry
CICC's trading volume reached HKD 405 million. Based on recent key news:
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On October 29, CICC announced its performance for the first three quarters of 2025, with operating revenue of HKD 20.761 billion, a year-on-year increase of 54.36%, and net profit of HKD 6.567 billion, a year-on-year increase of 129.75%. The performance growth was mainly due to an increase in net income from fees and commissions, as well as a rise in net gains from holding and disposing of financial instruments measured at fair value. This news boosted market confidence, driving the stock price up. Source: Zhitong Finance
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On October 28, Xiaodao Mobility submitted a listing application to the Hong Kong Stock Exchange, with CICC as one of the joint sponsors. This move demonstrates CICC's active participation in the capital market, further enhancing its market image and investor confidence. Source: Jinwu Finance
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On October 28, Suzhou Ruibo Biotechnology Co., Ltd. submitted a listing application to the Hong Kong Stock Exchange, with CICC as one of the joint sponsors. This news indicates CICC's layout in the biotechnology sector, enhancing its influence in the industry. Source: Jinwu Finance The overall performance of the securities industry is strong, with significant policy support.
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CITIC Securities rose 1.88%. Based on recent news:
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On October 29, the Hong Kong IPO market saw a strong recovery, with CITIC Securities' investment banking commission income surging 32% to HKD 3.7 billion, driving the stock price up. The recovery of the Hong Kong IPO market has boosted CITIC Securities' investment banking business growth, significantly increasing commission income and enhancing market confidence.
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On October 27, CITIC Securities' wealth management business performed excellently, ranking first in the industry for the number of registered investment advisors, strengthening its digital service capabilities, and driving the stock price up. CITIC Securities enhances its comprehensive service capabilities through digital services and a global wealth service system, attracting investor attention.
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On October 28, CITIC Securities released its third-quarter report, with revenue for the first three quarters increasing by 18.89% year-on-year and net profit increasing by 29.94% year-on-year, showing strong performance and driving the stock price up. The performance growth of leading brokerage firms is significant, enhancing market confidence. The recovery of the Hong Kong IPO market has led to significant growth in brokerage performance
Huatai Securities rose by 1.92%. Based on recent key news:
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On October 28, Huatai Securities, along with Hongwei Technology, established the Huatai Zhanxin New Energy Equity Investment Fund Partnership in Changzhou, Jiangsu, with an investment amount of 1 billion RMB, aiming to engage in equity investment and venture capital activities. This move demonstrates the company's proactive layout in the new energy sector, enhances market confidence, and drives up the stock price.
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On October 28, Huatai Baixin Fund announced a change in senior management, with former Huatai Securities Asset Management Chairman Cui Chun taking over as General Manager, while Chairman Jia Bo will no longer act as General Manager. Cui Chun's joining is believed to further enhance Huatai Baixin Fund's management capabilities and market competitiveness, which is favorable for Huatai Securities' stock price.
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On October 27, Huatai Securities released a research report indicating that the Federal Reserve is highly likely to cut interest rates by 25 basis points at the October monetary policy meeting and may announce a halt to balance sheet reduction. This expectation helps boost market sentiment and drives up Huatai Securities' stock price. The brokerage's asset management business is performing strongly, and market confidence is increasing.
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Stocks ranked among the top in industry market capitalization
Guotai Junan rose by 0.73%. Based on recent key news:
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On October 28, Guotai Junan released a research report indicating that the trend of parcelization continues, and business volume is expected to maintain resilient growth. The express delivery business volume increased by 17.8% year-on-year, and anti-involution policies support prices, with expectations for improved profitability in the second half of the year and next year. Source: Jinwu Financial News
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On October 27, Guotai Junan signed a strategic cooperation agreement with Youke De to promote the innovative integration of cloud computing and financial services, which may enhance the company's technological strength and market competitiveness. Source: Gelonghui
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On October 27, the status update for the ABS project participated in by Guotai Junan was &#34;feedback received,&#34; with plans to raise 701 million RMB, indicating the company's active presence in the capital market. Source: Viewpoint Network News, the express delivery industry’s anti-involution policies support prices
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INNOVAX HLDGS surged 23.21%; China International Capital Corporation's trading volume reached HKD 405 million; CITIC Securities rose 1.88%, with a trading volume of HKD 307 million; Huatai Securities increased by 1.92%, with a trading volume of HKD 195 million; Guotai Junan rose 0.73%, with a market capitalization of HKD 268.8 billion

Hong Kong Stock Movement: INNOVAX HLDGS turns from loss to profit, with profit growth driving stock price surge of 23.21%