Hong Kong Stock Hot Pick Analysis: Grand Pacific International Holdings (00844.HK)

Grand Pacific International Holdings (00844.HK) is a mainboard listed company on the Hong Kong Stock Exchange. As of December 2, 2025, its closing price was HK$0.520 [1].

The company made it to the Hong Kong stock hot list mainly due to the negative news of its actual controller Wang Guangxi being investigated by the China Securities Regulatory Commission (CSRC). According to Sina Finance reports [2], Wang Guangxi is suspected of violating information disclosure regulations, embezzling over 884 million yuan of the listed company’s funds, and failing to fulfill information disclosure obligations as required. Since Wang Guangxi also controls multiple A-share listed companies, this investigation has raised widespread market concerns about the stability of his capital empire, leading to high attention on this stock.

Based on StockInvest.us data [1]:

• Price Trend
  : From November 25 to December 2, the stock price fell from HK$0.610 to HK$0.520, with a cumulative drop of approximately 14.75%; on December 2, it dropped by 5.45% in a single day.
• Trading Volume Change
  : The trading volume on December 2 was 280,000 shares, significantly higher than the average of about 50,000 shares in previous trading days, indicating that negative news triggered obvious market selling.

Market sentiment is generally negative, with investors mainly concerned about the following risks:

• Actual Controller Risk
  : If the investigation results are unfavorable, it may have a further negative impact on the company’s operations and stock price.
• Financial Risk
  : The company’s mid-term losses in 2025 expanded to 24.629 million yuan, an increase of 78.19% year-on-year [3], indicating a fragile financial situation.
• Liquidity Risk
  : Continuous stock price decline and increased trading volume may exacerbate liquidity tensions.

1. Event Chain Reaction Risk
   : As the actual controller of multiple listed companies, Wang Guangxi’s investigation may trigger chain concerns about related companies in the market, expanding the impact scope of this event.
2. Corporate Governance Hidden Danger
   : Issues such as information disclosure violations and fund embezzlement expose flaws in the company’s governance structure, which may cause long-term damage to investor confidence.
3. Downward Pressure on Stock Price
   : The recent significant increase in trading volume and continuous stock price decline indicate strong market selling sentiment, and the stock price may continue to face downward pressure in the short term.

• Actual Controller Risk
  : Subsequent developments of Wang Guangxi’s investigation may lead to further stock price fluctuations.
• Financial Risk
  : The company’s continuous losses and deteriorating financial situation pose potential risks of debt default or capital chain breakage.
• Liquidity Risk
  : Increased trading volume but falling stock price may lead to liquidity exhaustion, increasing the difficulty of investors’ transactions.

• No clear opportunity window has been identified yet; close attention should be paid to signals of improved corporate governance and financial conditions.

• Grand Pacific International Holdings (00844.HK) became a Hong Kong hot stock due to the CSRC’s investigation into its actual controller Wang Guangxi.
• The stock price has dropped by approximately 14.75% recently, with a single-day drop of 5.45% on December 2 and a significant increase in trading volume.
• The company faces actual controller risk, financial risk, and liquidity risk; key attention should be paid to the performance of support and resistance levels.
• Market sentiment is generally negative, and investors need to carefully evaluate investment risks.