Hong Kong stock movement: GRAND TALENTS fell 16.67%, name change triggered market uncertainty; MCC expects net profit for the fiscal year 2025 to decline by more than 50% year-on-year

Hong Kong Stock Movement GRAND TALENTS fell 16.67%. Based on recent key news: On January 16, GRAND TALENTS announced a change of the company name to "Zhongying International Group Co., Ltd.", which may lead to market uncertainty regarding the company's future development direction, affecting the stock price decline. Zhitong Finance On January 16, after the company name change, the market's brand recognition may be affected, leading to a decline in investor confidence and putting pressure on the stock price. Zhitong Finance Stocks with High Trading Volume in the Industry MCC fell 3.83%. Based on recent news, On January 19, MCC expected a year-on-year decline of over 50% in net profit for 2025, mainly due to losses in the real estate business and increased asset impairment provisions, with a downturn in the construction industry leading to revenue decline. This news has put pressure on the stock price. On January 16, MCC announced that the total value of new contracts signed for the entire year of 2025 is approximately RMB 1.1 trillion, a year-on-year decrease of 10.8%, with overseas contracts increasing by 1.9%. The decline in contract value reflects weak market demand, affecting the stock price. On January 16, Zhitong Finance reported that MCC plans to enhance long-term performance levels through business structure adjustments and technological innovation. Although short-term profit expectations have declined, long-term strategic adjustments may boost market confidence. The downturn in the construction industry affects revenue. China Energy Construction reached a trading volume of HKD 83.81 million, with no significant recent news. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and specific reasons need further observation. China Railway fell 0.50%. Based on recent news, On January 16, China Railway announced the expansion of the "Light Travel" service pilot program to include 92 stations in multiple new cities, covering most provincial capitals, municipalities, and separately planned cities nationwide. This initiative aims to reduce the burden of carrying large luggage for passengers and improve convenience during the Spring Festival travel period. Although this news is beneficial for the company's long-term development, the market's short-term reaction has been muted, resulting in a slight decline in stock price. Rail transport demand increases during the Spring Festival, with overall industry performance remaining stable. Stocks with High Market Capitalization in the Industry China Communications Construction fell 0.40%. Based on recent key news: On January 16, China Communications Construction announced the repurchase of 915,800 A shares at a repurchase price of RMB 8.36 to 8.50, involving funds of RMB 7.7737 million. This move may aim to stabilize the stock price but has not prevented the decline. On January 15, the company repurchased 1,178,200 shares on the Shanghai Stock Exchange at a repurchase price of RMB 8.33 to 8.40, involving approximately RMB 9.8525 million. The consecutive repurchases show the company's confidence in its own stock, but the market reaction has been poor. No other significant news recently. Market volatility has intensified, and policy changes need to be monitored