Hong Kong Stock Movement: CARRY WEALTH plummets 21.65%, active capital flow attracts market attention

Hong Kong Stock Movement

CARRY WEALTH fell 21.65%, 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

Lao Pu Gold fell 0.80%. Based on recent news,

1. On October 30, Lao Pu Gold completed a placement, raising HKD 2.707 billion. This placement was within market expectations, but investors are concerned about whether capital is sufficient. After the placement was completed, the stock price experienced some fluctuations.

2. On October 28, Lao Pu Gold announced an average price increase of 25% for a new round of products. The significant price increase before the November sales peak reflects that the company has achieved ideal sales, with expectations for a stable gross profit margin in the second half of the year.

3. On October 27, international gold prices fell 0.61% to USD 4,029.03 per ounce. The gold price correction puts some pressure on gold stocks, affecting Lao Pu Gold's stock price. The consumer sector has corrected, with funds buying against the trend.

Anta Sports fell 0.86%. Based on recent news,

1. On October 28, Nomura Securities lowered Anta Sports' target price from HKD 121.80 to HKD 117.00, reflecting a conservative expectation for retail sales growth in the next two quarters, with annual revenue growth expected to be slightly lower than previously predicted.

2. On October 28, HSBC Global Research lowered Anta Sports' 2025 net profit forecast by about 8% and revenue forecast by about 2%, reducing the target price from HKD 126.3 to HKD 118.3, mainly due to weaker-than-expected operational performance in the third quarter.

3. On October 31, Anta Sports experienced significant selling pressure, with the stock price approaching the important support line of HKD 83.65, and trading volume significantly increased, indicating some short-term funds are withdrawing, with an overall defensive market sentiment rising. The sports goods sector is performing poorly overall, facing dual pressures from overseas macro uncertainties and weakening domestic consumer demand.

Li Ning rose 1.75%. Based on recent key news:

1. On October 29, Li Ning launched the "Gold Standard" product line, aiming to enhance brand influence and diversify product categories. This move helps boost market confidence in the Li Ning brand, driving up the stock price.

2. On October 28, a report from China Merchants Securities pointed out that Li Ning's third-quarter sales were under pressure, but online channels performed excellently, maintaining a strong buy rating. The growth of online channels provides support for the company, alleviating some market pressure.

3. On October 28, a report from Ping An International showed that Li Ning's third-quarter total sales decreased year-on-year, but the children's clothing business maintained double-digit growth. The growth of the children's clothing business provides a stable source of income for the company, enhancing market expectations. The industry is highly competitive, with significant promotional pressure in the market.

Stocks with High Market Capitalization in the Industry

Prada fell 2.54%. Based on recent key news:

1. On October 29, Prada Group announced its performance for the first three quarters, with revenue increasing by 9% year-on-year, but net retail sales of the Prada brand decreased by 1.6% Despite the strong performance of the Miu Miu brand, which grew by 41.4%, the overall slowdown in growth has affected the stock price. Source: Southern Metropolis Daily N Video

2. On October 30, Citigroup reported that Prada's revenue growth has slowed, with the Prada brand recording negative growth for the first time since 2020. The Miu Miu brand requires significant investment, which may suppress profit margin expansion. The target price has been raised to HKD 53.8, maintaining a neutral rating. Source: Citigroup

3. On October 29, Lyon maintained Prada's "Outperform" rating with a target price of HKD 50. Retail sales grew by 7.6% in the third quarter, but the valuation is at a 53% discount compared to peers. Source: Viewpoint Network The luxury goods industry enters a cooling cycle, driven by profitability