Hong Kong stock movement: Concerns arise from poor interim performance, DEVGREAT falls 10.39%

Hong Kong Stock Movement DEVGREAT fell 10.39%. Based on recent key news: On December 19, DEVGRATE faced challenges with poor interim performance, raising investor concerns about future performance. The company has three warning signals, at least two of which cannot be ignored, exacerbating market worries about its future profitability and leading to a significant drop in stock price. Recently, there has been increased market attention on automation technology; however, DEVGRATE has not yet demonstrated a clear advantage in this area, leading investors to be skeptical about its competitiveness in emerging technologies, further impacting the stock price. Investors are taking a wait-and-see approach regarding the company's future contract signings, especially in mobile infrastructure projects in the defense and disaster management sectors, with uncertainty in the market about its ability to successfully secure contracts, putting pressure on the stock price. Recent volatility in tech stocks necessitates cautious investment. Stocks with High Trading Volume in the Industry China Resources Land rose 0.73%. Based on recent news, On December 22, Sanya Urban Investment Group, through its subsidiary, acquired a plot in the Hailuo area for 717 million yuan, with market rumors suggesting that China Resources Land is expected to continue cooperation, driving up the stock price. This plot became the largest single residential land transaction in Sanya's urban renewal sector this year, demonstrating China Resources Land's active participation in urban renewal projects. On December 22, Shenzhen Capital Group and China Resources Capital jointly established Shenrun Guochuang (Shenzhen) Investment Co., Ltd. with a registered capital of 500 million yuan, further expanding equity investment and industrial resource integration business, enhancing market confidence. On December 19, China Resources Land released the "2025 Ecological White Paper," transforming the "Haitang River Experience" into a knowledge asset shared across the industry, reflecting its active fulfillment of social responsibility and substantial response to the national "dual carbon" strategy, enhancing the company's image. The real estate industry continues to be weak in the fourth quarter, with declining sales. China Overseas Land & Investment rose 0.25%, with a trading volume of 118 million Hong Kong dollars, 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. Sunac China rose 0.76%. Based on recent key news: On December 20, Shenzhen Metro Group provided Vanke with approximately 29 billion yuan in shareholder loans to support Vanke in repaying maturing debts. This move alleviated market concerns about Vanke potentially defaulting, indirectly affecting Sunac China's stock price trend. Source: Hong Kong Finance No other significant news recently. The real estate industry is experiencing tight liquidity. Stocks with High Market Capitalization in the Industry Henderson Land Development fell 0.89%, with a market capitalization of 140.5 billion Hong Kong dollars, 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