Analysis Report on Hong Kong Stock Hot Pick C-LINK SQ (01463.HK)

C-LINK SQ (01463.HK) is a company providing professional business services including document management, insurance risk analysis, medical equipment distribution and others [1]. According to the trading data on December 11, 2025, the stock rose 2% to close at HK$0.255, with a trading volume of 108,000 shares, which is higher than the average volume of 79,114 shares [1]. It recently entered the Hong Kong stock surge list, mainly due to possible short-term price rebound, sector linkage effect and relative valuation attractiveness [0].

From the market performance perspective, the stock has declined 19.05% year-to-date, lagging behind the Hang Seng Index’s 27.27% gain, but its long-term (3-year) performance outperforms the index [1]. The current price is at the lower end of the 52-week range (HK$0.151-HK$0.450), with support at HK$0.250 and resistance at HK$0.265 [1].

1. Short-term rebound momentum: The stock price broke through the multi-day consolidation at HK$0.250 with increased volume, indicating enhanced short-term bullish sentiment.
2. Fundamental contradiction: Despite active short-term market performance, the company has sustained losses—mid-term loss of 165 million MYR, net profit margin of -182.60%, return on equity of -84.34%—with poor fundamental conditions [1].
3. Valuation dispute: A price-to-book ratio of 3.07 is relatively high among loss-making companies, which may pose valuation risks.
4. Liquidity constraints: The average daily trading volume is less than 80,000 shares; large transactions may lead to significant price fluctuations.

• Risks
  : Sustained negative profitability, high valuation, insufficient liquidity, intense industry competition [1].
• Opportunities
  : The stock price is at the lower end of the 52-week range; if fundamentals improve or sector trends continue, there may be short-term rebound opportunities.
• Priority Assessment
  : Profitability risk and valuation risk are the top concerns, followed by liquidity risk.

C-LINK SQ (01463.HK) has active short-term market performance but obvious fundamental flaws. Investors need to carefully evaluate its sustained loss operating status and high valuation level. In the future, attention should be paid to whether the company’s profitability improves, changes in the industry competition pattern, and market liquidity conditions.