Hong Kong stock movement: THELLOY DEV's stock price plummeted by 12.68%, causing market panic due to the termination of equity transfer negotiations; MCC expects a 50% decrease in net profit attributable to shareholders for the fiscal year 2025

Hong Kong Stock Movement THELLOY DEV fell 12.68%. Based on recent key news: On January 19, THELLOY DEV announced the resumption of trading, with stock prices continuing to fluctuate. Source: Economic Information Daily On January 16, THELLOY DEV's controlling shareholder Cheers Mate engaged with potential buyers regarding a possible equity transfer. The memorandum of understanding has been terminated, leading to increased stock price volatility. Source: Zhitong Finance On January 16, the company was suspended pending the release of insider information, causing a strong market reaction. Source: Caihua News The industry faces risks of equity changes, which need attention. Stocks with High Trading Volume in the Industry Anhui Conch Cement fell 0.94%, with a trading volume of HKD 6.15 million, and no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, the stock shows significant volatility, and specific reasons need further observation. China Metallurgical Group fell 1.09%. Based on recent news: On January 19, China Metallurgical Group expects a decline of over 50% in net profit attributable to shareholders for the fiscal year 2025, mainly due to losses in the real estate business and increased asset impairment provisions, with revenue declining due to the downturn in the construction industry. This news raised market concerns, putting pressure on the stock price. Source: Economic Information Daily On January 16, China Metallurgical Group announced a new contract amount of approximately RMB 1.1 trillion for 2025, a year-on-year decrease of 10.8%, with overseas contracts increasing by 1.9%. The decline in contract amounts indicates challenges facing the company's business, affecting the stock price. Source: Zhitong Finance On January 16, China Metallurgical Group issued a profit warning, expecting to achieve profitability for the fiscal year 2025, but with a net profit decline of over 50%, mainly due to losses in the real estate business and increased asset impairment provisions. This news exacerbated market concerns about the company's profitability. Source: Jinshi Data The downturn in the construction industry affects the company's revenue. China Energy Engineering fell 0.87%, with a trading volume of HKD 2.91 million, and no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, the stock shows significant volatility, and specific reasons need further observation. Stocks with High Market Capitalization in the Industry China Railway Group rose 0.25%. Based on recent key news: On January 16, China Railway Group announced the expansion of its "Light Travel" service pilot program to cover multiple cities nationwide, enhancing the quality of services during the Spring Festival travel season. This move helps improve the company's brand image and market competitiveness, driving up the stock price. Source: Economic Information Daily Innovation in Spring Festival travel services boosts market confidence