Hong Kong Stock Movement: MEGAIN resumes trading down 17.27%, mandatory offer discount raises market concerns

Hong Kong Stock Movement MEGAIN Holdings fell 17.27%. Based on recent key news: On January 26, after resuming trading, MEGAIN Holdings was acquired by Jihai China for HKD 105 million for a 40.67% stake, and an unconditional mandatory cash offer was made at HKD 0.61 per share, a discount of 18.7% compared to before the suspension. This led to stock price fluctuations. On January 26, Jihai China raised HKD 63.2875 million through the issuance of new shares, increasing its shareholding ratio to 50.56%. The funds will be used for research and development and marketing to enhance the company's competitiveness. On January 26, the market reacted differently to the resumption of MEGAIN Holdings, with significant price fluctuations and a notable increase in trading volume. Industry capital flow was active, and market risks need to be monitored. Stocks with High Trading Volume in the Industry SMIC rose 3.26%. Based on recent news, On January 28, SMIC saw multiple large transactions, with prices between HKD 78.50 and HKD 79.00, totaling HKD 196 million. These large transactions indicate strong market interest in the stock, driving up its price. On January 27, SMIC announced it would disclose its Q4 2025 results on February 10. The market has high expectations for the upcoming financial report, further boosting the stock price. On January 26, the news of NVIDIA's H200 chip being allowed for export to China was digested by the market. Although the impact on SMIC's stock price was brief, overall market confidence in China's semiconductor industry has strengthened, supporting SMIC's stock price. The semiconductor industry has performed strongly recently, with high market expectations. Huahong Semiconductor rose 6.22%. Based on recent key news: On January 28, Huahong Semiconductor experienced large transactions, with a trading volume exceeding HKD 59.14 million, indicating strong market interest in the stock, driving up its price. Source: Zhitong Finance On January 27, at the Shanghai "Smart Computing in the City" summit, the Shanghai Municipal Economic and Information Commission announced it would accelerate the large-scale deployment of locally produced chips, benefiting the semiconductor industry and boosting Huahong Semiconductor's stock price. Source: Jinshi Data On January 27, Novartis Capital's strategic investment in Jinkang Semiconductor shows continued capital market attention to the semiconductor industry, indirectly benefiting Huahong Semiconductor. Source: 36Kr Semiconductor industry policy support has strengthened, with significant capital inflow. Junda Co., Ltd. rose 0.40%. Based on recent key news: On January 26, Junda Co., Ltd. shareholders transferred stocks from CITIC Securities Brokerage Hong Kong to HSBC Hong Kong, with a transfer market value of HKD 230 million, accounting for 9.29%. This move was seen as an abnormal fluctuation in stock trading, as its A-share stock's closing price deviation reached 20% over three consecutive trading days. Source: Zhitong Finance On January 26, Junda Co., Ltd. announced that the fields it has recently laid out are still in the technical exploration stage, and there is uncertainty regarding future market space and industrialization pace, which may face risks such as technological route iteration and intensified market competition Related investments will not have a significant impact on the company's current operating performance. Source: Jin10 Data On January 26, JunDa Co., Ltd. announced a cash investment of 30 million RMB to subscribe for the newly registered capital of Xingyi Xinneng, acquiring approximately 16.67% equity. This investment is considered an early-stage equity stake, and future operating results and profitability are uncertain. Source: Economic Information Daily, the new energy industry is in the technology exploration stage, with high risks. Stocks ranked among the top in industry market capitalization Zhaoyi Innovation rose by 8.22%. There have been no significant news recently; trading is active, and capital flow is evident. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. no_news