Intraday: 1950.HK stock falls 14.49% to HK$0.118 on heavy volume: watch liquidity

The 1950.HK stock plunged -14.49% intraday to HK$0.118 on high activity, making it one of Hong Kong’s top losers. Volume hit 2,900,000 shares versus an average of 703,393, a relative volume of 4.15. Traders cited thin liquidity and technical selling as drivers. We assess fundamentals, technicals, and Meyka AI model forecasts to explain the move and the near-term outlook for Diwang Industrial Holdings Limited on the HKSE.