Price Volatility Analysis of Hong Kong Hot Stock Jiujiuwang (01927.HK)

Jiujiuwang (01927.HK) is a Hong Kong-listed company in the consumer defensive sector (candy industry), mainly producing and selling aerated candies, gum-based candies, and other categories [1]. On December 23, 2025, the stock was included in the Hong Kong Stock Market Surge List on the East Money App due to a significant intraday rise [0]. Trading data on December 24, 2025, shows that the opening price rose by 4.38% from the previous trading day’s closing price (from 0.137 HKD to 0.143 HKD), but then fell back to close at 0.135 HKD, with a daily decline of 1.46% [1]. In terms of trading volume, the volume on that day was 165,000 shares, far below the average volume of 319,426 shares, indicating limited market participation [1].

From the price and volume performance, Jiujiuwang’s popularity is more driven by short-term momentum trading or speculative behavior. Although there was an intraday rise on December 23, 2025, the price pullback and low trading volume on December 24, 2025, reflect that market sentiment is not stable. No clear fundamental catalysts (such as company announcements, industry positive news, etc.) supporting the stock price rise were found, further confirming the short-term nature of this rise.

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1. Lack of clear upward catalyst, making the momentum unsustainable;
2. Low trading volume leads to higher price volatility risk;
3. Earnings per share in the past 12 months was -0.010 HKD, so fundamentals lack profit support [1];
4. Although the valuation (0.24x book value) is low, the current loss situation restricts long-term upward space [1].

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No clear structural opportunities have been identified so far; attention should be paid to the improvement of the company’s fundamentals or the emergence of positive industry news.

Jiujiuwang (01927.HK) became a hot Hong Kong stock due to its intraday rise on December 23, 2025, but subsequent price pullback, low trading volume, and negative fundamental data indicate that this rise lacks sustainability. Investors should pay attention to price changes at the support level of 0.135 HKD, resistance level of 0.143 HKD, and the 52-week high-low range (0.100 HKD-0.210 HKD).

[0] Jinling Analysis Database (East Money App hot list information provided by users)
[1] Yahoo Finance - Jiujiuwang (1927.HK) Stock Price, News, Quotes and Records (December 24, 2025)