HK Hot Stock Analysis: C-LINK SQ (01463.HK)

C-LINK SQ (01463.HK) made it to the Hong Kong Stock Market Surge List on the East Money App on December 2, 2025 (UTC+8) [0]. Analysis shows that the stock’s price was HK$0.26 per share that day, up 2% from HK$0.25 the previous day, and the intraday trading range was stable at HK$0.26; the trading volume that day was only 8,000 shares, far below the average trading volume of 150,967 shares. The company mainly provides outsourced data and document management services in Malaysia, Singapore, and China [0]. In terms of performance, it has a 7-day gain of 2.0% but a 1-year drop of 37.8%, showing a trend of short-term small rebound and long-term decline. Since no recent relevant news has been found, the stock’s appearance on the hot list may be due to price fluctuations caused by technical momentum or low liquidity [0].

1. Low Liquidity as the Main Driver
   : The current trading volume is far below the average, and a small number of transactions can trigger large price fluctuations, which is the core reason for the stock’s appearance on the hot list [0].
2. Short-term Gain Lacks Support
   : No recent major news or signs of fundamental improvement have been found, so the short-term price increase may not be sustainable [0].
3. Long-term Downtrend Unchanged
   : The 37.8% drop in one year contrasts sharply with the 2.0% gain in seven days, reflecting the market’s lack of confidence in the company’s fundamentals [0].

• Risks
  : Low liquidity exacerbates price fluctuation risks, and the trend is difficult to predict [0]; no fundamental catalysts support, so the short-term gain may be temporary [0].
• Opportunities
  : No recent positive news or signs of fundamental improvement have been found, and no clear opportunities can be identified currently [0].

C-LINK SQ (01463.HK) is an outsourced data and document management company with business covering Southeast Asia and China [0]. Its appearance on the Hong Kong stock hot list is mainly due to short-term price fluctuations caused by low liquidity, not fundamental improvement [0]. When evaluating this stock, investors need to focus on its extremely low trading volume and long-term declining trend [0].