--- title: "Hong Kong stock movement: 7ROAD fell 12.17%, no major negative news, capital movement attracts attention" type: "News" locale: "en" url: "https://longbridge.com/en/news/294157255.md" description: "7ROAD fell 12.17%; NetEase rose 1.90%, with a transaction volume of HKD 833 million; Kingsoft rose 1.28%, with a transaction volume of HKD 161 million; Xindong Company rose 1.69%, with a transaction volume of HKD 97.89 million; Tanwan rose 1.53%, with a market value of HKD 5.131 billion" datetime: "2026-07-29T05:36:56.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294157255.md) - [en](https://longbridge.com/en/news/294157255.md) - [zh-HK](https://longbridge.com/zh-HK/news/294157255.md) --- # Hong Kong stock movement: 7ROAD fell 12.17%, no major negative news, capital movement attracts attention **Hong Kong Stock Movement** 7ROAD, down 12.17%, with no significant news recently. Trading is active, and capital flows are 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** NetEase up 1.90%. Based on recent news, 1. On July 27, the National Press and Publication Administration announced the 7th batch of game licenses for this year, issuing a total of 197 game licenses, including NetEase's "Fantasy Westward Journey: Reconnecting the Past." This news indicates that regulatory agencies continue to support the healthy development of the online gaming industry, driving up NetEase's stock price. 2. On July 28, Nomura published a research report, expecting NetEase's second-quarter revenue to grow by 5% year-on-year to RMB 29.3 billion. Although the non-GAAP net profit was below market expectations, the performance of the new game "Sea of Oblivion" met expectations, with an estimated monthly total revenue of about RMB 200 million to 300 million, boosting NetEase's stock price. 3. On July 29, Chinese concept technology assets strengthened against the trend, with NetEase, as an internet platform asset, attracting market attention. The resilience of its main business builds fundamental support, driving up the stock price. Chinese concept technology assets strengthened against the trend, and market attention has rebounded. Kingsoft up 1.28%. Based on recent key news: 1. On July 29, Kingsoft announced that its subsidiary Beijing Kingsoft Office Software expects its interim profit for the six months ending in June to increase by 2 to 2.6 times, with profit excluding non-recurring gains and losses also expected to grow by 2.1 to 2.69 times. This news drove up the stock price. Source: Economic Information Daily 2. On July 28, Kingsoft Office expects to achieve a year-on-year revenue growth of 20.95% to 28.43% for the first half of 2026, with net profit expected to grow by 209.98% to 263.89%. This performance expectation has enhanced market confidence. Source: Zhitong Finance 3. On July 29, Kingsoft expects to earn more than twice as much year-on-year for the half-year ending in June, mainly due to the conversion of previous R&D investments into product competitive advantages and commercialization results. This news further supports the stock price increase. Source: Economic Information Daily AI technology drives industry growth, risks need attention. Xindong Company up 1.69%. Based on recent key news: 1. On July 27, Xindong Company launched a new AI Agent client Cindy at the 2026 TapTap Developer Salon, driving up the stock price. This product, built by TapTap, can be used for game creation as well as handling other daily tasks. In the first half of this year, the number of playable games newly released by TapTap reached 5,000, nearly 10 times that of the same period last year, with over 4,000 made using AI. The National Press and Publication Administration released the online game approval information for July 2026, with a total of 197 games receiving licenses, including Xindong Company's "Ragnarok: Eternal Love 2." Western Securities pointed out that the company's self-research capabilities continue to be validated, from single-point hits to systematic overseas expansion Optimistic about the dual-driven growth of the company's platform value reassessment and the long-term potential of self-developed games. 2. On July 28, Xindong Company announced the expenditure of HKD 7.9081 million to repurchase 176,000 shares, further boosting market confidence. Due to eligible participants exercising stock options under the stock option plan adopted by the company on June 25, 2021, the company will issue 800 shares of common stock on July 28, 2026. 3. On July 27, Xindong Company spent approximately HKD 7.9527 million to repurchase 180,000 shares, demonstrating the company's confidence in its own value and further driving up the stock price. The Hong Kong stock market's repurchase activity is active, with significant capital inflow. **Stocks ranked among the top in industry market capitalization** Tanwan, up 1.53%, with a market capitalization of HKD 5.131 billion, has no significant news recently. Trading is active, with clear capital flow. 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