Hong Kong Stock Movement: XXF Group falls 12.57%, shareholder holdings raise liquidity concerns, uncertainty over acquisition plans intensifies

Hong Kong Stock Movement XXF Group fell 12.57%. Based on recent key news: On February 10, shareholders of XXF Group deposited shares into Futu Securities International Hong Kong, with a market value of HKD 653 million, accounting for 21.98%. This move may raise concerns about the liquidity of the stock in the market, thereby affecting the stock price. Last month, XXF Group announced the signing of a memorandum of understanding with Kuangshi Technology, intending to acquire a 51% controlling stake in Kuangshi Technology through equity acquisition or capital increase. There is uncertainty regarding the potential impact of this transaction on the market, which may lead to stock price fluctuations. As the first stock in China's automotive financing leasing sector, the stock price of XXF Group may also be influenced by the overall performance of the industry. The automotive industry has experienced significant fluctuations recently, which requires attention. Stocks with High Trading Volume in the Industry Zhongsheng Holdings fell 0.08%, with a trading volume of HKD 48.97 million, and 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. Guanyan Holdings fell 1.33%, with a trading volume of HKD 6.59 million, and 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. Yongda Automobile rose 1.87%, with a trading volume of HKD 2.47 million, and 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. Stocks with High Market Capitalization in the Industry Meidong Automobile rose 1.23%. Based on recent news, On February 9, Voyah announced significant progress in its L3 autonomous driving technology and plans to launch its first mass-produced SUV in March. This technological breakthrough may enhance market confidence in related automotive technologies, driving up Meidong Automobile's stock price. The acceleration of technological innovation in the automotive industry has increased market attention