Hong Kong stock movement: HOPEFLUENT fell by 14.89%, with active trading showing fluctuations in capital flow, and industry trends to be observed

HK Stock Movers Tracker
2025.11.18 06:48
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HOPEFLUENT fell 14.89%; Beike-W fell 2.65%, with a transaction amount of HKD 294 million; China Overseas Property fell 1.79%, with a transaction amount of HKD 24.93 million; Meilian Group fell 2.99%, with a transaction amount of HKD 5.69 million; New Silk Road Cultural Tourism rose 3.39%, with a market value of HKD 978 million

Hong Kong Stock Movement

HOPEFLUENT, down 14.89%, 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

Beike-W, down 2.65%. Based on recent key news:

  1. On November 17, Goldman Sachs lowered Beike's revenue and net profit forecasts due to the sluggish real estate market affecting total transaction volume. Goldman Sachs reduced the target price for Hong Kong stocks to HKD 48, maintaining a buy rating, with an expected upside potential of 10%. Source: Goldman Sachs report

  2. On November 15, Oak Tree Capital and Appaloosa Fund completely liquidated their positions in Beike, reflecting a reassessment of Chinese concept stocks. Oak Tree Capital liquidated Beike shares worth USD 26.8 million, and Appaloosa liquidated shares worth USD 26.6 million. Source: Zhitong Finance

  3. On November 14, Beike announced a buyback of 530,800 shares, costing USD 3 million, with a buyback price of USD 5.58-5.72 per share. This move aims to boost the stock price, but the effect is limited. Source: Company announcement. The real estate market is sluggish, and capital outflow is evident.

China Overseas Property, down 1.79%, with a trading volume of HKD 24.93 million, and 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.

Mafang Group, down 2.99%, with a trading volume of HKD 5.69 million, and 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 Market Capitalization in the Industry

New Silk Road Cultural Tourism, up 3.39%, with a market capitalization of HKD 978 million, and 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

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