Hong Kong stock movement: Reduced losses fail to mask profit concerns, PT INTL DEV's stock price plummets nearly 15%

Hong Kong Stock Movement

PT INTL DEV fell 14.93%. Based on recent key news:

1. On November 18, PT INTL DEV announced that it expects to record a loss of no less than approximately HKD 30 million for the six months ending September 30, compared to a loss of HKD 48 million in the same period last year. The reduction in loss is mainly due to increased revenue from stock brokerage business, improved gross margin, and a decrease in unrealized fair value losses from the AFC Mercury Fund investment. This news raised market concerns about the company's future profitability, leading to a decline in stock price.

2. On November 17, PT INTL DEV issued a profit warning, expecting a loss of no less than HKD 30 million for the six months ending September 30. Although the loss has decreased, the market expressed concerns about the company's inability to achieve profitability, putting pressure on the stock price.

3. On November 17, Zhitong Finance reported that PT INTL DEV failed to achieve a one-time net gain during this period, while recording a one-time net gain of HKD 16 million in the same period last year. This information intensified market concerns about the company's profitability, further driving down the stock price. The diversified financial industry has recently shown weak performance, with increased market volatility.

Stocks with High Trading Volume in the Industry

Haotian International Construction Investment fell 2.48%, with a trading volume of HKD 59.3 million, and no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, this stock shows significant volatility, and specific reasons need further observation.

Bank of China Aviation Leasing fell 0.77%. Based on recent news,

1. On November 18, Bank of China Aviation Leasing announced the signing of a purchase and leaseback agreement with EgyptAir for three Airbus A350-900 aircraft. This transaction constitutes a qualified aircraft leasing activity for the company, with the first aircraft scheduled for delivery in 2025 and the remaining aircraft expected to be delivered in 2026. After this news was released, the market reacted calmly, and the stock price slightly declined.

2. On November 18, Huatai Securities released the latest research report, giving Bank of China Aviation Leasing a buy rating with a target price of HKD 85. Despite the positive rating, it failed to boost the stock price, reflecting the market's cautious attitude towards the short-term outlook.

3. On November 18, a wholly-owned subsidiary of Bank of China Aviation Leasing signed a series of agreements with EgyptAir to purchase and lease back three Airbus A350-900 aircraft. This transaction constitutes a qualified aircraft leasing activity for the company, and the market reacted limitedly to this news, with slight fluctuations in stock price. The aviation leasing industry has recently shown stable performance, with limited impact from macroeconomic data.

Energy and Energy Global rose 3.23%. Based on recent news,

1. On November 18, Energy and Energy Global announced that its shares would be temporarily suspended from trading starting at 9:00 AM that morning. This move attracted market attention, leading to stock price fluctuations.

2. On the afternoon of November 18, after resuming trading, Energy and Energy Global's stock price plummeted over 12%. As of the time of writing, it fell 9.09%, trading at HKD 0.4, with a trading volume of HKD 13.8553 million The sharp fluctuations after the resumption of trading reflect the market's concerns about the reasons for the company's suspension.

On November 18, Energy and Energy Global reported HKD 0.440 before the suspension. The price fluctuations before the suspension indicate the market's uncertainty about the company's future development. The Trade II industry has recently shown significant volatility.

Stocks ranked among the top in industry market capitalization

Weilu Group, down 0.56%, with a market capitalization of HKD 17.8 billion, has had no significant news recently. Trading is active, and capital flows are evident. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation