Hong Kong Stock Movement: STAR SHINE HLDG surged 20.12%
STAR SHINE HLDG surged 20.12%; Super Rich International Holdings rose 0.85%, with a transaction volume of HKD 1.92 million; Rainbow International Group had a transaction volume of HKD 1.24 million; Huatai Textile increased by 1.99%, with a transaction volume of HKD 540,600; Baihong Industrial fell by 0.23%, with a market value of HKD 9.041 billion
Hong Kong Stock Movement
Stocks with High Trading Volume in the Industry
Chao Ying International Holdings rose 0.85% based on recent key news:
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On September 18, Guotai Junan released a research report stating that they are optimistic about Chao Ying International Holdings' years of experience in the elastic fabric field and its deepening cooperation with well-known domestic and international sports outdoor brand clients. The company is expected to achieve net profits attributable to the parent company of HKD 590 million, 640 million, and 700 million for the years 2025-27, respectively, and has given it an "overweight" rating. This news boosted market confidence and drove the stock price up.
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On September 18, Guotai Junan's research report pointed out that Chao Ying International Holdings, with its mature production capacity in Vietnam, Sri Lanka, and other locations, is expected to secure more orders amid the adjustment of the textile and apparel manufacturing trade landscape, further enhancing investors' expectations for the company's future growth.
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On September 18, Guotai Junan's research report mentioned that Chao Ying International Holdings has never interrupted its annual dividends since its listing, with a recent dividend payout ratio stabilizing at 50% and a continuous dividend yield of over 9% for four consecutive years, making the company a high-quality target with low valuation and high dividends, attracting more investor attention. The overall performance of the textile and apparel industry is good, and market confidence is strengthening
