Hong Kong Stock Movement: CARRY WEALTH fell by 15.46%, with active capital flow, and sector trends triggered volatility attention

Hong Kong Stock Movement

CARRY WEALTH fell 15.46%, with no significant news recently. The trading is active, and the 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

Anta Sports fell 0.18%. Based on recent key news:

1. On October 28, Nomura Securities lowered the target price for Anta Sports to HKD 117, reflecting a conservative expectation for retail sales growth in the next two quarters, putting pressure on the stock price.

2. On October 30, CCB International downgraded Anta Sports' earnings forecast for this year and next, lowering the target price to HKD 94 due to slowing revenue growth and more cautious profit margin assumptions, affecting the stock price.

3. On October 31, Anta Sports experienced significant selling pressure, with the stock price approaching the support line of HKD 83.65, and the trading volume increased, indicating short-term capital withdrawal and a rising defensive market sentiment. The overall sports goods industry is sluggish, with significant capital outflow.

Lao Pu Gold rose 0.22%. Based on recent news:

1. On October 30, Lao Pu Gold completed a placement, raising HKD 2.707 billion, driving the stock price up. According to Zhitong Finance, the placement agreement has been reached, successfully placing 3.7118 million new H shares at a placement price of HKD 732.49 per share, with funds used for inventory reserves.

2. On October 28, Lao Pu Gold announced a price increase, raising product prices by 25%, reflecting ideal sales. Citigroup's research report pointed out that the price increase exceeded expectations, and it is expected that the gross profit margin will stabilize in the second half of the year, with a recovery in gross profit margin next year.

3. On October 27, international gold prices fell, with the current price of London gold at USD 4029.03 per ounce, down 0.61%. The gold price inquiry website shows that after the interest rate cut expectations were realized, funds took profits, leading to short-term fluctuations, while the medium to long-term outlook remains bullish. The consumer sector is adjusting, with funds buying against the market.

Li Ning rose 0.84%, with a trading volume of HKD 201 million. Based on recent key news:

1. On October 30, a report from China Merchants Securities indicated that Li Ning's third-quarter revenue was under pressure, with a year-on-year decline in the mid-single digits, especially weak performance in offline channels, leading to stock price fluctuations. Source: Jinwu Finance.

2. On October 29, Li Ning launched the "Gold Standard" product line, aiming to enhance brand influence and drive up stock prices. Source: Jinwu Finance.

3. On October 28, a report from Pudong Development Bank International showed that Li Ning's third-quarter all-channel revenue declined year-on-year, with online channels performing better than offline, affecting market expectations. Source: Jinwu Finance. The industry is highly competitive, with significant promotional pressure in the market.

Stocks with High Market Capitalization in the Industry

Prada fell 3.68%. Based on recent key news:

1. On October 30, a report from Citigroup indicated that Prada's revenue growth slowed in the second and third quarters, with the Prada brand recording negative growth for the first time since 2020, and the growth pace of the Miu Miu brand normalizing, which may suppress profit margin expansion. Citigroup raised the target price to HKD 53.8, maintaining a "Neutral" rating

2. On October 29, Prada Group announced a year-on-year revenue growth of 9% for the first three quarters, but the retail sales net of the Prada brand decreased by 1.6%. The Miu Miu brand performed strongly, with a growth of 41.4%. The CEO stated that the Chinese market has entered a "platform period," but future high-speed growth is difficult to replicate.

3. On October 29, Lyon maintained Prada's "Outperform" rating with a target price of HKD 50. Retail sales in the third quarter increased by 7.6% year-on-year, with a slight decline of 0.8% for the Prada brand and a significant growth of 29% for the Miu Miu brand. Although the Chinese market experienced negative growth, it showed improvement compared to the previous quarter. The luxury goods industry has entered a cooling period, with growth slowing down