Hong Kong Stock Movement: MEXAN rises 11.48%, with active capital inflow, attracting market attention to the sector trend?

Hong Kong Stock Movement MEXAN Holdings rose 11.48%, 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 Trip.com Group-S rose 1.80%. Based on recent key news: On November 18, Trip.com Group announced its Q3 2025 results, with net operating revenue reaching RMB 18.3 billion, a year-on-year increase of 16%. The international business performed particularly well, with total bookings on the international OTA platform increasing by approximately 60% year-on-year, and inbound tourism bookings increasing by over 100% year-on-year. This performance drove the stock price up. Source: Zhito Finance On November 18, Trip.com Group's stock price benefited from strong international business performance, especially as outbound hotel and flight bookings have risen to 140% of the levels seen in the same period of 2019. This news boosted market confidence, leading to a rise in stock price. Source: Viewpoint Network On November 18, Trip.com Group's financial report showed a net profit of RMB 19.89 billion, a significant year-on-year increase, mainly due to the sustained increase in travel demand. This financial performance further propelled the stock price upward. Source: Jinwu Finance News, strong travel demand, significant growth in international business. China Travel Service fell 16.57%, with a trading volume of HKD 64.34 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. Tongcheng Travel fell 3.06%. Based on recent news, On November 17, Everbright Securities International strategist Wu Lixian pointed out that the deterioration of Sino-Japanese relations has a certain impact on Trip.com, with some travelers canceling bookings, affecting the Asia-Pacific business, and reducing the willingness of mainland residents to travel. This event has a relatively small impact on Tongcheng Travel, but its domestic tourism business has a significant proportion, and the market expects its benefit level to be limited. On November 17, experts believe that a longer Spring Festival holiday is conducive to staggered travel, with an expected increase in the number of travelers during the holiday, leading to a more balanced daily flow of passengers, making travel more comfortable, and likely resulting in a record high for overall travel and tourism during the Spring Festival. This has a certain positive impact on Tongcheng Travel's future business performance. On November 17, the market is paying attention to the upcoming performance announcement from Trip.com. If the performance data is impressive, it may drive related travel stocks to strengthen. Although Tongcheng Travel's stock price performance lags behind Trip.com, it has a greater chance of maintaining its own business performance. The overall performance of the tourism industry is differentiated, with significant impacts from macroeconomic data. Stocks with High Market Capitalization in the Industry Huazhu Group-S fell 0.58%. Based on recent news, On November 17, Huazhu Group announced its Q3 2025 results, with revenue of RMB 7 billion, a year-on-year increase of 8.1%, and a net profit of RMB 1.5 billion, a year-on-year increase of 15.4%. Despite the strong performance, the stock price still fell by 1.77% On November 17th, Jin Hui, the CEO of Huazhu Group, stated at the earnings release that the supply quality of the Chinese hotel industry cannot fully meet consumer demand. The future increase in the chain rate and the elimination of low-quality supply will become a long-term trend, which has enhanced the market's confidence in Huazhu's future development. On November 18th, Huazhu Group's US stock rose by 2.6% overnight, but the Hong Kong stock market performed poorly, indicating a difference in market reactions across different markets. The supply-side reform in the hotel industry brings opportunities