Hong Kong stock movement: EASY SMART GP plummets 22.50%, hit by dual blows of performance losses and market transformation concerns

Hong Kong Stock Movement EASY SMART GP plummeted 22.50%. Based on recent key news: On February 23, EASY SMART GP announced its interim results for the period ending December 31, 2025, with revenue declining by 24.2%, resulting in a loss of HKD 5.09 million, turning from profit to loss. This announcement led to a significant drop in stock price. Source: Zhitong Finance On February 24, Economic Information Daily reported that several large-scale public projects of EASY SMART GP have been completed or are nearing completion, leading to reduced revenue and a gross profit margin decline to 4.9%. This news further intensified market concerns about the company's future profitability. Source: Economic Information Daily On February 23, the company stated that it is evaluating diversification opportunities, including in the healthcare and pharmaceutical sectors in mainland China. Although this move indicates the company's intention to seek growth, the market is skeptical about its ability to successfully transform in the short term. Source: Huigang Communications Service Industry has recently shown weak performance, with significant capital outflows. Stocks with High Trading Volume in the Industry China Railway Group rose 1.81%. Based on recent news, On February 23, China National Railway Group Co., Ltd. announced that on the last day of the Spring Festival holiday, the national railway is expected to welcome the peak of return passenger flow, with an estimated 18.5 million passengers to be transported and plans to add 2,297 passenger trains. This news reflects strong growth in railway transportation demand, boosting market confidence in China Railway Group. On February 22, the national railway is expected to transport 17.93 million passengers, with plans to add 2,203 passenger trains. The previous day, the national railway transported 17.187 million passengers, with safe and orderly operations. These data indicate sustained high demand for railway transportation, further supporting the rise in China Railway Group's stock price. Strong railway transportation demand enhances market confidence. Conch Venture fell 3.98%, with a trading volume of HKD 75.84 million, and there has been no significant news recently. Trading is active, with clear capital flows. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. China Energy Engineering had a trading volume of HKD 22.45 million. Based on recent news, On February 22, the Sichuan Yalong River Lianghekou Pumped Storage Power Station reached a key milestone with dual breakthroughs, completing the excavation of the underground plant and starting concrete pouring for the downstream reservoir. This progress demonstrates China Energy Engineering's strong execution in clean energy projects, boosting market confidence. On February 23, the National Energy Administration released a new energy system planning document, emphasizing the acceleration of the construction of new energy infrastructure and promoting high-quality energy development. This favorable policy further enhances market expectations for China Energy Engineering's future development. On February 21, China Energy Engineering's Gezhouba Group Company No. 2 and China Three Gorges Construction Company formed a consortium to win the bid for the civil engineering of the Taizi River Pumped Storage Power Station's lower reservoir, underground plant, and tailwater system. This winning project will bring new revenue sources to the company and enhance its market competitiveness. Favorable energy transition policies and smooth progress in clean energy projects Stocks Ranked Among the Top in Industry Market Capitalization China Communications Construction, down 0.78%, with a market capitalization of HKD 83 billion, has no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation