Core Viewpoint - Xixiangfeng Group (2473.HK) experienced a dramatic decline, with its stock price dropping over 76% to HKD 2.69, marking a new low since October 2024, and resulting in a market capitalization loss of over HKD 130 billion [1] Group 1 - The stock price of Xixiangfeng Group had previously doubled in January, ultimately resulting in a cumulative increase of 42.68% [1] - The trading volume surged to HKD 1.34 billion, setting a new record since the company's listing [1] - Xixiangfeng Group was established in 2007 and went public on the Hong Kong Stock Exchange in November 2023, with plans to be included in the Hong Kong Stock Connect by September 2025 [1] Group 2 - The company's core business focuses on "rent-to-own" automotive retail, ride-hailing leasing, and related after-sales services [1]
港股异动丨喜相逢集团断崖式放量暴跌逾70%，130亿港元市值“灰飞烟灭”