Hong Kong stock movement: KWONG MAN KEE fell 13.24%, with active trading causing market fluctuations, reason to be investigated

Hong Kong Stock Movement

KWONG MAN KEE, down 13.24%, with no significant news recently. Trading is active, and capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation.

Stocks with High Trading Volume in the Industry

China Railway Group is down 3.63%. Based on recent news,

1. On October 30, China Railway Group announced its performance for the first three quarters of 2025, with operating revenue of approximately CNY 773.814 billion, a year-on-year decrease of 5.46%; net profit attributable to shareholders of the listed company was approximately CNY 17.49 billion, a year-on-year decrease of 14.97%. The decline in performance is mainly due to the overall decrease in total operating revenue and a slight decline in gross profit margin. Source: Zhitong Finance

2. On October 30, China Railway Group reported third-quarter operating revenue of CNY 262.72 billion, a year-on-year decrease of 4.53%; net profit was CNY 5.664 billion, a year-on-year decrease of 9.98%. Revenue from infrastructure construction business decreased by 7.52% year-on-year, while the design consulting and equipment manufacturing sectors maintained growth but contributed limited overall profitability. Source: People's Financial News

3. On October 30, China Railway Group announced that the new contract amount for the first three quarters was CNY 1,584.92 billion, a year-on-year increase of 3.7%. Among them, the new contract amount for domestic business was CNY 1,418.28 billion, a year-on-year increase of 1.0%; the new contract amount for overseas business was CNY 166.64 billion, a year-on-year increase of 35.2%. Despite the growth in new contracts, overall performance remains poor. Source: Zhitong Finance The overall performance of the infrastructure construction industry is weak, with significant macroeconomic pressure.

China Energy Engineering is down 4.84%. Based on recent key news:

1. On October 31, China Energy Engineering announced a year-on-year decrease of 12.43% in net profit for the first three quarters, with earnings per share of CNY 0.07, leading to market concerns about its profitability and putting pressure on the stock price. Source: Huigang Communications

2. On October 30, although China Energy Engineering's operating revenue for the first three quarters increased by 9.62% year-on-year, net profit decreased by 12.43%, especially a 56.9% decline in net profit in the third quarter, mainly affected by the adjustment in the real estate market, further exacerbating investor concerns. Source: Zhitong Finance

3. On October 28, China Energy Engineering Zhejiang Institute completed the commissioning of the second phase of the China Resources Power Wenzhou Power Plant, demonstrating the company's strong momentum in the traditional energy sector, but failing to offset the overall decline in profitability. Source: Jinshi Data The energy industry faces profitability pressure, with attention to market fluctuations.

China Metallurgical Group is down 5.36%. Based on recent key news:

1. On October 31, China Metallurgical Group released its performance for the first three quarters, with operating revenue decreasing by 18.79% year-on-year and net profit decreasing by 41.88%, leading to a decline in stock price. Source: Zhitong Finance

2. On October 30, the company announced a year-on-year decrease of 14.7% in new contract amounts, with a slight decline of 0.7% in new contracts in the third quarter, leading to reduced market expectations for future growth. Source: Zhitong Finance

3. On October 30th, the net profit for the third quarter decreased by 67.52% year-on-year, and the weak financial data intensified market concerns, affecting stock price performance. According to Jin10 data, the engineering industry has recently shown weak performance, with significant capital outflows.

Stocks ranked at the top of the industry by market capitalization

China Communications Construction fell by 2.32%. Based on recent key news:

1. On October 29th, China Communications Construction announced the repurchase of 1.2099 million A shares, costing approximately 10.6994 million yuan. This move may aim to stabilize the stock price but failed to prevent the decline.

2. On October 30th, China Communications Construction released its performance for the first three quarters, reporting a year-on-year decrease in operating income of 4.23% and a net profit decrease of 16.14%. Poor performance has led to a decline in market confidence, putting pressure on the stock price.

3. On October 30th, Zhitong Finance reported that the company's net profit for the third quarter decreased by 16.34% year-on-year, further exacerbating market concerns about the company's profitability. The infrastructure industry has recently shown weak performance, with significant capital outflows