Core Viewpoint - The article discusses the recent adjustments in the Hong Kong Stock Connect market, highlighting the rapid inclusion of new stocks and the associated risks of short-term trading and market manipulation. Group 1: Market Adjustments - As of September 2025, a total of 67 stocks were included in the Hong Kong Stock Connect, while 61 were removed, indicating a significant adjustment in the market [1] - New stocks listed for less than six months can quickly enter the market if they meet liquidity and market capitalization requirements, raising concerns about their stability and price volatility [1][4] Group 2: Inclusion Rules - The general rules for inclusion in the Hong Kong Stock Connect require a daily average market capitalization covering the top 95% of the Hong Kong market and passing liquidity tests [1][2] - New stocks can be included in the index and the Stock Connect as soon as they meet the criteria, with the potential for a rapid inclusion period of as little as 70 days [4] Group 3: Case Studies - iFlytek Medical Technology was listed on December 30, 2024, and included in the Stock Connect on March 10, 2025, after only 70 days, but faced a significant price drop of nearly 40% shortly after inclusion due to lack of sustained trading interest [6][7] - Health Road, listed and included in the Stock Connect on the same day as iFlytek, also experienced a rapid price increase followed by a dramatic decline, with its stock price dropping nearly 90% from its peak [8][9] - Cloud Wisdom, which was listed on June 30, 2025, saw its stock price rise significantly on its first day, but subsequently fell nearly 40% after its inclusion in the Stock Connect due to poor financial performance and lack of institutional support [11][13]