--- title: "Hong Kong stock movement: CIG rises 11.40%, no major positive news, active funds boost volatility" type: "News" locale: "en" url: "https://longbridge.com/en/news/294760705.md" description: "CIG rose 11.40%; Zhongji Xuchuang rose 13.02%, with a transaction volume of HKD 2.567 billion; Changfei Optical Fiber and Cable rose 7.11%, with a transaction volume of HKD 1.407 billion; ZTE Corporation rose 1.58%, with a transaction volume of HKD 123 million; Feisuke Innovation rose 2.00%, with a market value of HKD 14.9 billion" datetime: "2026-08-04T02:47:45.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294760705.md) - [en](https://longbridge.com/en/news/294760705.md) - [zh-HK](https://longbridge.com/zh-HK/news/294760705.md) --- # Hong Kong stock movement: CIG rises 11.40%, no major positive news, active funds boost volatility **Hong Kong Stock Movement** CIG, up 11.40%, has no significant news recently. Trading is active, with clear capital flow. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. **Stocks Ranked High in Industry Transaction Volume** Zhongji Xuchuang is up 13.02%. Based on recent key news: 1. On August 3, Nomura Securities gave Zhongji Xuchuang a "Buy" rating for its H shares, with a target price of 1,595 yuan. Nomura pointed out the strong growth expectations for the company's 1.6T and silicon photonic transceiver upgrades, driving the stock price up. 2. On July 30, Zhongji Xuchuang was listed on the Hong Kong Stock Exchange. Although it opened below the issue price, several top institutions participated, showing market recognition of its long-term value, which helped the stock price rebound. 3. On August 3, the independent upward trend in the technology sector, especially the concentrated release of demand in the AI computing power industry, drove up the stock prices of related companies. The demand in the technology sector is strong, with clear capital inflow. Changfei Optical Fiber and Cable is up 7.11%. Based on recent key news: 1. On August 3, Changfei Optical Fiber and Cable announced plans to acquire a 25% stake in Changfei Shanghai held by Draka for 12 million euros. Upon completion, it will achieve full ownership of Changfei Shanghai, optimize the equity structure, enhance the synergy of the optical communication product division, and promote sustainable growth of its main business. 2. On August 3, Changfei Optical Fiber and Cable's subsidiary, Changfei Capital, plans to subscribe for limited partnership shares in the Changfei Intelligent Fund, which has a scale of 500 million yuan. Changfei Capital intends to invest 170 million yuan, accounting for 34% of the total investment. The fund focuses on strategic emerging industries such as artificial intelligence, high-end manufacturing, semiconductors, and integrated circuits, helping the company broaden investment channels and enhance business and R&D synergy. 3. On August 3, Changfei Optical Fiber and Cable issued a profit warning, expecting a year-on-year net profit growth of 711% to 914% in the first half of 2026, boosting market confidence and driving the stock price up. The industry focuses on artificial intelligence and high-end manufacturing, with clear capital inflow. ZTE Corporation is up 1.58%. Based on recent key news: 1. On August 3, ZTE Corporation won a procurement project from China Mobile Zhejiang Company, amounting to 29.3365 million yuan. This winning announcement raised market expectations for the company's future revenue growth, driving the stock price up. 2. On August 3, JP Morgan reduced its long position in ZTE Corporation from 6.07% to 5.84%. This change in position may reflect some investors' cautious attitude towards the company's short-term performance, although it did not have a significant negative impact on the stock price. 3. On August 4, S&P Global Market Intelligence data showed that ZTE Corporation's short interest ratio was 15.28%, with the stock price rising 1.22% over the past 7 days. The high short interest ratio indicates market divergence regarding the stock, but the price still rose, indicating strong bullish momentum. The information technology industry has been active recently, with clear capital inflow **Stocks Ranked Among the Top in Market Capitalization in the Industry** FeiSu Innovation rose by 2.00%, with a market capitalization reaching HKD 14.9 billion, and there have been no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation ### Related Stocks - [06166.HK](https://longbridge.com/en/quote/06166.HK.md) - [03308.HK](https://longbridge.com/en/quote/03308.HK.md) - [06869.HK](https://longbridge.com/en/quote/06869.HK.md) - [00763.HK](https://longbridge.com/en/quote/00763.HK.md) - [03355.HK](https://longbridge.com/en/quote/03355.HK.md) ## Related News & Research - [CIG Shanghai forms RMB 800 million private equity partnership with Shanghai Zhifengzhizi](https://longbridge.com/en/news/293769092.md) - [YOFC moves to full control of Shanghai fibre-optic subsidiary with EUR12 million buyout](https://longbridge.com/en/news/294391151.md) - [Yangtze Optical Fibre and Cable Secures Shareholder Backing for New Board Line-up](https://longbridge.com/en/news/294386850.md) - [YOFC agrees to buy Draka’s 25% stake in YOFC Shanghai for EUR 12 million](https://longbridge.com/en/news/294383645.md) - [10:36 ETAfrica Tech Festival Unveils First Speakers for 2026](https://longbridge.com/en/news/294709374.md)