HU-SDHG@EC2607A

Shangao Holding Accelerates New Energy Project Implementation

HKEX Disclosures Show Largest Increase in Holdings for HSCEI ETF

Shangao Holdings Shares Surge and Announces Share Repurchase Authorization

Significant Fluctuation in Shangao Holdings' Stock Price, HK Connect Net Inflow Reaches 2.24 Billion HKD

Shangao Holding repurchased 3.7 million shares for HKD 22.623 million

CSRC Inquired Into Shangao Holdings' Equity Distribution

ShanGao Holding Authorized to Initiate Share Repurchase Program

ShanGao Holding's Half-Year Report Reveals 506% Net Profit Growth

SDHG released FY2025 Q1 earnings on August 29, 2025 (BJT) with actual revenue of HKD 1.34 B and EPS of HKD 0.006

Shan Gao Holding Announces 2025 Half-Yearly Results: Revenue Decreases But Profit Attributable to Shareholders Turns Profitable

SDHG released FY2025 Q2 earnings on August 29 During-Market (BJT), actual revenue HKD 1.37 B, actual EPS HKD 0.0045

SDHG released FY2025 Semi-Annual earnings on August 29 During-Market (BJT), actual revenue HKD 2.71 B, actual EPS HKD 0.0089

Shangao Holdings Successfully Issued the First Corporate Bond Tokenization Product in Hong Kong

ShanGao Holdings Expected to Report Significant Half-Year Net Profit Increase to RMB 450 Million

SDHG to Release FY2025 Semi-Annual Earnings on August 29, 2025 (BJT)

ShanGao Holding's ESG rating confirmed at 2, holding in Shangao New Energy raised to 56.97%

ShanGao Holding's Stock Rises After Acquiring Shares in 21Vianet

Significant Layout of New Energy and Digital Infrastructure Business by Shangao Holdings

Shangao Holding's 亮眼业绩 and Recognition as a Leading E-Calculation Integration Company

Multiple brokers 看好 ShanGao Holdings, assign 增持 rating

STARCOIN GROUP

AE LOGISTICS

XL2CSOPCOIN-U

XL2CSOPCOIN

MANY IDEA CLOUD

SAU SAN TONG

KANGQIAO SER

WAI CHUN GROUP

KFM KINGDOM

OIWAHPAWN

00412

SDHG (412.HK) has recently experienced a significant drop, with daily death cross signals strengthening, and the overall atmosphere in the real estate chain becoming increasingly bleak. The technical indicators show weak bullish momentum, with short positions continuing to be released. The 5-day and 10-day moving averages are consistently trending downward, and the MACD is clearly weakening. Long bearish candlestick patterns frequently appear, highlighting a significant outflow of funds. 

Fundamentally, the sentiment in the real estate industry chain is extremely low, constrained by multiple factors such as market deleveraging, tightening financing policies, and declining consumer expectations, putting short-term pressure on SDHG's performance. The policy stimulus for the real estate sector has not met market expectations, leading to continued withdrawal by major institutions and even speculative funds, resulting in low trading volumes and increased risks of a phase-specific sell-off.

From a funding perspective, the sector has attempted to rebound multiple times recently, but the intensity has been limited, and the willingness of major players to engage in speculation is insufficient. SDHG, as a representative stock in the chain, has been further dragged down by the sector's beta. The technical indicators have repeatedly tested previous lows without stabilizing. Unless there are external positive surprises, such as relaxation on the land supply side or rapid easing of credit, a phase rebound is unlikely to sustain.

In terms of strategy, the difficulty for investors has increased, and it is advisable to adopt a wait-and-see approach. If it continues to decline and breaks previous lows, it is recommended to cut losses and exit. If there is a volume-driven rebound that surpasses key short-term moving averages, there may be expectations for a rebound and correction. It is not advisable to heavily speculate on reversals in the real estate chain in the short term unless there is timely policy support, as risks remain significant. 

Overall, the judgment is that after the drop, SDHG's short-term sentiment is bearish, and both technical and fundamental factors are unfavorable for strengthening. The real estate chain will need favorable catalysts and increased market activity to stage a comeback, and in the short term, it is advisable to closely monitor fund movements for flexible operations

Technical Forecast

SDHG

Morning Trend | SDHG continues to plunge, can the real estate chain make a comeback?

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SEYOND(02665) fell 11.58%, with a trading turnover 5.1 Million HKD, and a year-to-date rose 4.2%. IFBH(06603) fell 7.64%, with a trading turnover 182.3 Million HKD, and a year-to-date rose 14%. QINGLING MOTORS(01122) fell 7.46%, with a trading turnover 9.1 Million HKD, and a year-to-date rose 34.8%.

Top Gainers & Losers

SEYOND

IFBH

QINGLING MOTORS

HAIXI PHARMA

5100 XIZANG

INNOSCIENCE

UNISOUND

GUOXIA TECH

Sunac China

Top 10 HK Stock Losers (1.21)

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01757

01931

01045

02228

09858

00780

00268

00241

TRIP.COM-S(09961) fell 19.23%, with a trading turnover 15.8 Billion HKD, and a year-to-date fell 17%. AFFLUENT FDN(01757) fell 17.15%, with a trading turnover 42.9 Million HKD, and a year-to-date rose 87.3%. IVD MEDICAL(01931) fell 12.8%, with a trading turnover 19.9 Million HKD, and a year-to-date fell 16.8%.

TRIP.COM-S

AFFLUENT FDN

ETHK LABS INC.

APT SATELLITE

XTALPI

YOURAN DAIRY

TONGCHENGTRAVEL

KINGDEE INT'L

ALI HEALTH

Top 10 HK Stock Losers (1.15)

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ALI HEALTH(00241) rose 18.96%, with a trading turnover 7.5 Billion HKD, and a year-to-date rose 54.1%. KNOWLEDGE ATLAS(02513) rose 18.81%, with a trading turnover 1.2 Billion HKD, and a year-to-date rose 85.9%. SINOHYTEC(02402) rose 15.77%, with a trading turnover 254.2 Million HKD, and a year-to-date rose 25.5%.

KNOWLEDGE ATLAS

SINOHYTEC

GUOFUHEE

CHERVON

51WORLD

CDAYENONFER

WANGUO GOLD GP

Q TECH

Top 10 HK Stock Gainers (1.14)

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Hong Kong Stock Market Overview in the Last Hour The Hong Kong stock market has shown a significant sector rotation phenomenon in the last hour, with capital preferences gradually shifting towards the non-ferrous metals and technology sectors. The overall market has experienced considerable volatility, with some individual stocks performing particularly well, and short-term enthusiasm significantly rising. There is a clear divergence in the strength of small-cap stocks and thematic stocks, with frequent inflows and outflows of capital, leading to considerable fluctuations in market sentiment. The stock with the largest movement in the last hour is STARGLORY HLDGS, which plummeted 22.73%. This stock faced a large amount of selling in a short period, leading to a rapid withdrawal of funds and a sharp decline in its price, significantly impacting market sentiment. Strong stocks: 1. SDHG: up 15.70%, driven by the non-ferrous metals sector, with noticeable capital inflow and high short-term enthusiasm. 2. CDAYENONFER: up 15.15%, benefiting from rising non-ferrous metal prices, with continuous capital inflow and steady price increases. 3. WANGUO GOLD GP - New: up 15.05%, with the overall strength of the gold sector driving a significant rise in this stock and increased market attention. 4. 51WORLD: up 15.03%, with short-term capital actively entering, leading to a rapid price increase and optimistic market sentiment. 5. INSILICO: up 12.01%, with sustained enthusiasm in the technology sector, continuous capital inflow, and strong stock performance. Stocks under pressure: 1. VISTAR HOLDINGS: down 15.32%, facing capital selling, with significant downward pressure on its price and a bearish market sentiment. 2. ZERO FINTECH: down 10.87%, with the technology finance sector performing poorly overall, significant capital outflow, and considerable downward pressure on its price

HK Stock Movers Tracker

STARGLORY HLDGS

VISTAR HOLDINGS

INSILICO

ZERO FINTECH

TRANSTECH

Hong Kong Stock Movement Update: STARGLORY HLDGS plummets 22%, SDHG leads with a 15% rise, multiple stocks show significant volatility

SDHG rose 15.70%; China General Nuclear Power fell 4.17%, with a transaction amount of HKD 285 million; Huaneng International Power Co., Ltd. rose 0.86%, with a transaction amount of HKD 199 million; Longyuan Power fell 0.43%, with a transaction amount of HKD 151 million; China Resources Power fell 0.39%, with a market value of HKD 93.5 billion

Hong Kong Stock Movement: SDHG rises 15.70%, active capital inflow attracts market attention

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Market Overview of Hong Kong Stocks in the Last Hour The Hong Kong stock market has shown a significant sector rotation phenomenon in the last hour, with the pharmaceutical and technology sectors performing particularly well. In terms of capital flow, there is a clear preference for short-term funds, with some small-cap stocks and thematic stocks being favored. The overall market rhythm is fast-paced, with large fluctuations, and short-term enthusiasm continues to heat up. Among the stocks with the largest movements in the last hour, CENTRAL DEV H surged 32.65%, becoming the market focus. Driven by short-term funds, this stock exhibited a strong upward momentum, with multiple large buy orders appearing during the session, boosting overall market sentiment. Strong Stocks 1. SDHG: Up 16.28%, with active short-term funds and multiple volume surges during the session. 2. ALI HEALTH: Up 15.14%, with the pharmaceutical sector strengthening overall and continuous capital inflow. 3. MARKETINGFORCE: Up 10.97%, driven by short-term funds, with significant fluctuations during the session. Pressured Stocks 1. DEEWIN: Down 24.00%, with significant capital outflow and noticeable selling pressure during the session. 2. VISION SYNERGY: Down 16.10%, with short-term funds withdrawing, putting pressure on the stock price

CENTRAL DEV H

DEEWIN

VISION SYNERGY

MARKETINGFORCE

Hong Kong Stock Movement Update: CENTRAL DEV H surged 33%, DEEWIN plummeted 24%, and healthcare stocks attracted short-term capital

HU-SDHG@EC2607A(20670.HK)

Morning Trend | SDHG continues to plunge, can the real estate chain make a comeback?

Top 10 HK Stock Losers (1.21)

Top 10 HK Stock Losers (1.15)

Top 10 HK Stock Gainers (1.14)

Hong Kong Stock Movement Update: STARGLORY HLDGS plummets 22%, SDHG leads with a 15% rise, multiple stocks show significant volatility