Why did 8629.HK stock drop sharply intraday today?

8629.HK stock fell due to low intraday liquidity, a break below the 50-day average of HK$8.54, and sector pressure in Industrials. No earnings release was posted; long receivables and project-cycle risks likely amplified the sell-off.

What is Meyka AI's forecast for 8629.HK stock?

Meyka AI's forecast model projects a yearly price of HK$7.27 for 8629.HK stock, implying approximately -12.41% from the current HK$8.30. Forecasts are model-based and not guarantees.

What valuation metrics should investors watch for 8629.HK stock?

Key metrics include EPS HK$0.41, PE **20.59**, PB **1.64**, cash per share HK$2.96 and days sales outstanding of 403.44. Watch working-capital trends and receivable collection.

Is 8629.HK stock liquid enough for traders?

Average daily volume is **25,604** shares, which is modest. Intraday traders can face slippage on larger orders; watch volume spikes and OBV readings for clearer entry and exit signals.

HK Stocks

8629.HK Guangdong Syntrust HKSE down 11.61% to HK$8.30 06 Feb 2026: watch

ByHuzaifa Zahoor February 6, 2026February 6, 2026

8629.HK stock fell 11.61% intraday to HK$8.30 on 06 Feb 2026 as selling accelerated after the previous close of HK$9.39. We view today’s move as a sharp intraday re-pricing tied to weak trading volume of 18,500 shares and a close below the 50-day average of HK$8.54. Guangdong Syntrust GK Testing and Certification Tech Service Center Co., Ltd. (8629.HK) trades on the HKSE in Hong Kong and provides engineering testing and food testing services to construction and government clients.