Dazhong Public Utilities (1635.HK) Hong Kong Hot Stock Analysis Report

Dazhong Public Utilities (1635.HK) is Shanghai Dazhong Public Utilities (Group) Co., Ltd., belonging to the utilities sector (regulated natural gas industry). As of December 22, 2025, the stock closed at $3.49 with a market capitalization of $18.12B[0]. It entered the East Money App Hong Kong Stock Market Popularity List mainly driven by three factors: First, the utilities sector was the best-performing sector that day, rising by 1.49%[0], driving the stock’s increase; Second, the stock recorded a short-term gain of 2.05% with a trading volume of 21.52M, slightly higher than the recent average[0]; Third, the long-term gains are significant: it has risen 68.69% so far in 2025 and 187.93% over three years[0].
Price and volume analysis shows that on December 22, 2025, the stock opened at $3.42, hit a high of $3.50, and a low of $3.42. The trading volume was slightly higher than the average volume over the past 6 trading days (about 20.33M), indicating increased trading activity[0]. The short-term support level is the day’s low of $3.42, and the resistance level is the day’s high of $3.50[0].

• High attention from retail investors: The stock entered the East Money App Hong Kong Stock Market Popularity List, indicating increased participation enthusiasm among retail investors.
• Obvious sector linkage effect: The strong performance of the utilities sector directly promoted the short-term gain of the stock.
• Price volatility needs vigilance: Although long-term gains are significant, there were 3 days with a drop of more than 2% in 6 trading days, showing large short-term volatility[0].

• Overvaluation risk: The price-to-earnings ratio (P/E) is 32.64x, higher than the industry average, with pressure for valuation correction[0].
• Insufficient liquidity: The current ratio is only 0.69 and the quick ratio is 0.66, indicating weak short-term solvency[0].
• Short-term volatility: Recent stock price fluctuations are large; investors need to pay attention to short-term trading risks[0].

• Linkage benefits from the continuous strength of the sector.
• If it breaks through $3.50 and stabilizes, it may further challenge the price level of $3.65[0].

• Dazhong Public Utilities (1635.HK) entered the Hong Kong stock popularity list due to sector strength, price rebound, and long-term gains.
• Short-term support level at $3.42, resistance level at $3.50; long-term resistance level at $3.65 (if previous resistance is broken).
• Investors need to pay attention to risk factors such as overvaluation, insufficient liquidity, and short-term volatility.