South China Financial (0619.HK) Hong Kong Stock Hot Stock Analysis Report

South China Financial (0619.HK) is a company in the financial services (capital markets) sector listed on the Hong Kong Stock Exchange. It attracted attention on December 22, 2025, for appearing on the Hong Kong Stock Surge List of the East Money App. The stock performed strongly in 2025, with an annual gain of 71.30%, a 1-year gain of 120.24%, and a 3-month gain of 27.59%[0], whose long-term momentum drew investors’ attention. On that day, the financial services sector rose 0.35% overall[0], providing a positive market environment. Technically, it was consolidating sideways in the range of $0.37-$0.40, attempting to break through the resistance level. However, the trading volume on that day was only 35,001 shares, 88.6% lower than the average volume of 308,716 shares[0], indicating that the rise lacked strong buyer support.

1. The stock’s long-term momentum contrasts sharply with its extremely deteriorated financial condition: P/E ratio of -0.38x, return on equity of -536.75%, net profit margin of -1393.85%[0], suggesting that the price performance may lack fundamental support.
2. Despite being on the hot list, the trading volume was far below average, reflecting limited market participation and prominent liquidity risks.
3. Technical indicators (MACD and KDJ are bearish) and the sideways trend indicate that the short-term trend is unclear; attention should be paid to the breakthrough of the $0.37 support level and the $0.40 resistance level.

• Extremely deteriorated financial condition, with negative profitability and shareholder returns[0].
• Insufficient liquidity; the trading volume on that day was only 11.4% of the average level, which may lead to trading difficulties[0].
• Weakening technical signals; MACD and KDJ indicators show a bearish trend[0].
• High valuation risk; P/B ratio of 3.34x and P/S ratio of 5.28x, which are inconsistent with its loss-making status[0].

If it breaks through the $0.40 resistance level, it may attract more buyer funds to drive up the price; if it falls below the $0.37 support level, it may accelerate the decline.

South China Financial (0619.HK) became a hot Hong Kong stock on December 22, 2025, due to its long-term upward momentum and the performance of the financial sector. It rose 1.33% on that day but had low trading volume. Its financial condition is seriously deteriorated, liquidity is insufficient, technical signals are weak, and there is a high valuation risk. Investors need to pay attention to the breakthrough of key price levels and changes in market sentiment.