Analysis of Dazhong Public Utilities (01635.HK) Performance on Hong Kong Stock Market Hot List

As a stock in the public utilities sector, Dazhong Public Utilities (01635.HK) made it to the Hong Kong Stock Market Hot List on the East Money App on December 25, 2025. Since the Hong Kong Exchanges and Clearing (HKEX) was closed on that day and the next day (Christmas holiday) [1][2], real-time trading data could not be obtained, and there was no clear short-term catalyst (such as financial reports, announcements, etc.) for the current popularity. However, the public utilities sector had performed steadily earlier; the U.S. public utilities sector rose by 0.81% on December 24, 2025 [0], which may have driven market interest in related stocks.

1. Impact of Holiday Effect
   : The closure of the Hong Kong stock market led to extremely low liquidity, and price trends lack reference value. The current popularity may stem more from market sentiment or platform algorithm recommendations.
2. Sector Linkage
   : The steady performance of the public utilities sector may have indirectly increased market attention to Dazhong Public Utilities, reflecting the market’s interest in defensive sectors.
3. Retail Investor Attention Characteristics
   : Hot list data shows that this stock has received strong attention from retail investors, but the sustainability of the sentiment needs to be verified with actual trading conditions after the holiday.

• Information Insufficiency Risk
  : There is no clear fundamental or news catalyst currently, so the popularity may be short-term.
• Trading Delay Risk
  : Investors need to pay attention to the actual opening situation on December 27 (the first trading day after the holiday) and avoid making decisions based on outdated information.
• Closed Market Liquidity Risk
  : Market liquidity is extremely low during holidays, leading to distorted price signals.

• Sector Valuation Repair
  : The steady performance of the public utilities sector may bring valuation repair opportunities for this stock.
• Post-Holiday Trading Verification
  : Real-time trading data after the holiday will reveal the true market demand behind the popularity.

Dazhong Public Utilities (01635.HK) has received attention due to making the Hong Kong Stock Market Hot List, but its popularity occurred during the closure of the Hong Kong stock market and lacks a clear short-term catalyst. The public utilities sector performed steadily before the holiday, which may have driven market interest. Investors need to pay attention to the real-time price trends and trading volume changes on December 27, the first trading day after the holiday, and conduct analysis based on complete trading data.

[0] Ginlix InfoFlow Analysis Database, internal, quantitative market data and technical indicators
[1] Hong Kong Stock Exchange (HKEX) News & Outlook on Dec. 21, 2025, https://ts2.tech/en/hong-kong-stock-exchange-hkex-news-outlook-on-dec-21-2025-board-lot-reform-ai-ipo-wave-and-2026-forecasts/
[2] Hong Kong Stock Market Today: Hang Seng Set for Thin Christmas Eve Half-Day…, https://ts2.tech/en/hong-kong-stock-market-today-hang-seng-set-for-thin-christmas-eve-half-day-as-wall-street-hits-record-china-ai-theme-in-focus-dec-24-2025/