Pre-market volume surge: 1718.HK Wan Kei (HKSE) HKD 0.35 — watch momentum
1718.HK stock is a pre-market high-volume mover after Wan Kei Group (1718.HK) shares rose to HKD 0.35 on heavy turnover of 33,665,500 shares in Hong Kong on 23 Jan 2026. The jump followed a wide trading range today, with a session low at HKD 0.244 and a high at HKD 0.41, pushing the share price well above the 50-day average of HKD 0.31. Volume is the key story: daily volume is roughly 33.67M versus an average of 1.26M, flagging strong speculative or news-driven flows in the Industrials sector.
Pre-market price action and immediate drivers
Wan Kei Group (1718.HK) opened pre-market interest after the stock moved from the previous close of HKD 0.255 to HKD 0.35, a +37.25% intraday change. The price move coincides with a wider intra-day range (HKD 0.244–0.41) and pushed the share above the 50-day moving average (HKD 0.31254).
Traders should note the sharp one-day change and check company announcements or sector news before trading. No confirmed corporate release is posted on the company website at the time of writing; see the company site for filings Wan Kei Group website.
1718.HK stock: Volume and liquidity
Volume is the defining metric: 33,665,500 shares traded vs average volume 1,262,983, a clear high-volume mover signal for pre-market scanners. The big volume suggests either block trades, repositioning by funds, or retail-driven momentum.
Liquidity has improved but note the free float and small market cap. Market cap is HKD 59,051,520.00 with 253,440,000 shares outstanding, so large trades can swing price quickly. Monitor order book depth and bid-ask spreads if you plan to enter a position.
Fundamentals and valuation
Wan Kei Group operates in foundation construction, ground investigation, financial services and trading of beauty products. Latest fundamentals show EPS -0.30, reported PE near -0.78, and a book value per share of HKD 0.37.
Key ratios: PB 0.63, price-to-sales 0.19, and debt-to-equity 2.21, which is higher than the Industrials sector average debt-to-equity of 0.62. Receivables days sit at 234.35, signalling working-capital risk. These metrics point to cheap market valuation on book multiples but elevated leverage and cash-flow constraints.
Technical snapshot and short-term catalysts
Technicals are mixed: RSI 51.66 (neutral), MFI 82.05 (overbought on volume spike), and Bollinger Bands Upper 0.33 / Middle 0.30 / Lower 0.26. MACD is flat, suggesting no clear trend yet.
Short-term catalysts for further gains would include stronger cash collection, new contracts in foundation works, or official corporate updates. Conversely, a lack of confirmation and high receivables could trigger a pullback toward the 200-day average (HKD 0.26711).
Meyka AI rates 1718.HK with a score out of 100 and forecast
Meyka AI rates 1718.HK with a score out of 100: 58.45 (Grade C+) — Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. These grades are not guaranteed and we are not financial advisors.
Meyka AI’s forecast model projects a monthly level of HKD 0.30 and a quarterly scenario at HKD 1.07. Compared with the current price (HKD 0.35), the monthly forecast implies -14.29% downside, while the quarterly scenario implies +205.71% upside. Forecasts are model-based projections and not guarantees.
Risks, sector context and trading strategy
Primary risks: weak profitability (net margin -12.86%), high leverage (debt-to-equity 2.21), and long receivables (234 days) that strain working capital. Sector peers in Industrials typically carry lower leverage and higher ROE, so Wan Kei is a higher-risk small-cap exposure.
For high-volume mover strategies: consider using limit orders, position size caps, and a stop-loss aligned with volatility. Short-term traders can trade the momentum, while longer-term investors should wait for clearer improvements in cash flow and receivable collection.
Final Thoughts
Key takeaways: 1718.HK stock is a clear pre-market high-volume mover on 23 Jan 2026, trading at HKD 0.35 with 33,665,500 shares changing hands. The move lifts the stock above the 50-day average but fundamentals show negative EPS (-0.30), elevated leverage (debt-to-equity 2.21) and long receivables days (234.35), keeping medium-term risk high. Meyka AI’s forecast model projects HKD 0.30 for the month and a bullish quarterly scenario at HKD 1.07; the monthly view implies about -14.29% from today, while the quarterly scenario implies +205.71%. Use the short-term volume spike as a trading signal only after checking order-book depth and any corporate notices. For more data and live alerts, see our Meyka stock page Meyka stock page and company filings at Wan Kei Group website.
FAQs
Why did 1718.HK stock spike in pre-market trading?
The spike reflects heavy volume (33,665,500 shares) and trading above the 50-day average. No confirmed corporate filing was live at writing; large volume suggests block trades or momentum-driven activity.
What are the main valuation concerns for Wan Kei Group (1718.HK)?
Valuation shows low PB (0.63) and low price-to-sales (0.19), but negative EPS and high debt-to-equity (2.21) raise solvency and cash-flow concerns that offset the low price multiples.
How should traders approach the 1718.HK pre-market move?
Traders should treat this as a short-term volume event: use limit orders, manage size, watch liquidity, and set tight stops. Longer-term investors should await clearer cash flow and receivables improvement.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
