Hong Kong Stock Movement: CARRY WEALTH plummets 15%, active capital flow, sector trends trigger market fluctuations?

Hong Kong Stock Movement

CARRY WEALTH fell 15.00%, 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

Lao Pu Gold rose 4.60%. Based on recent key news:

1. On November 5, the value-added tax rate for non-investment gold producers in China was reduced from 13% to 6%. Daiwa believes that Lao Pu Gold's margin risk has decreased, as the price increase at the end of October and the gold price correction provide a buffer.

2. On November 4, a Daiwa research report pointed out that the adjustment of the value-added tax policy increased the gold procurement cost by about 7%, but Lao Pu Gold and Chow Tai Fook passed the costs onto consumers, leading to suppressed short-term sentiment.

3. On November 3, Morgan Stanley stated that the adjustment of the value-added tax policy led to fluctuations in Lao Pu Gold's stock price, as its high-end positioning and higher margins provide strong resilience. Gold demand is affected by tax reforms, causing market sentiment fluctuations.

Anta Sports rose 0.13%. Based on recent key news:

1. On November 5, Anta Group released the "AI 365 Strategy" to promote business innovation and sustainable development, planning to achieve an internal AI usage rate of over 50% in the next three years, creating value exceeding 5 billion RMB. The release of this strategy has boosted market confidence in the company's future growth, positively impacting the stock price. (Times Finance)

2. On November 3, a report from Founder Securities indicated that Anta's brand retail sales achieved low single-digit growth in Q3 25, while FILA's brand retail sales grew by 45-50% year-on-year. Although summer retail momentum has weakened, the company has launched multiple new products and technology platforms, accelerating its international layout, and the market holds an optimistic view on its long-term growth. (Jinwu Finance)

3. On November 3, Zheshang Securities maintained a "Buy" rating on Anta, expecting the results of its online and offline reforms to gradually emerge. Anta's brand Q3 revenue growth was low single-digit, with high double-digit growth online, and FILA is actively laying out in the Chinese tennis sector, expecting good performance during the Double Eleven and Double Twelve promotions. (Zhitong Finance) The sports goods industry is driven by increased health awareness.

Shenzhou International fell 0.38%, with a trading volume of HKD 267 million, and 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 Market Capitalization in the Industry

Prada fell 3.58%. Based on recent key news:

1. On November 4, Haitong International released a research report downgrading Prada's profit forecast. Considering the industry's recovery progress and last year's base, the forecast for Prada's net profit attributable to the parent company for 2025-2027 has been lowered, with the target price reduced to HKD 62.9, maintaining a rating of "Outperform". This news has raised market concerns about Prada's future profitability, putting pressure on the stock price

2. On November 4th, Prada's third-quarter revenue grew by 9%, but the revenue of the Prada brand declined by 1% year-on-year. Despite the overall revenue increase, the performance of the Prada brand was poor, particularly with a slowdown in growth in the North American market, which affected investor confidence.

3. On November 4th, Miu Miu brand revenue increased by 29% year-on-year, showing strong growth momentum. Although Miu Miu performed well, it was unable to fully offset the weak performance of the Prada brand, leading to a cautious overall market response. The luxury goods industry is recovering slowly, with increased market volatility