Why did the 9677.HK stock fall so sharply today?

The 9677.HK stock drop on 06 Feb 2026 reflected heavy selling with volume **129,000**, a close at **HK$1.93**, technical weakness and sector rotation; company fundamentals and market liquidity likely amplified the move.

What is the valuation of Weihai Bank (9677.HK) now?

Weihai Bank (9677.HK) trades at a PE of **5.46** and a PB of **0.33**, with EPS **HK$0.35** and book value per share **HK$5.48**, indicating a deep discount to regional bank peers.

What price targets and forecasts exist for 9677.HK stock?

Meyka AI's model projects **HK$2.50** monthly and **HK$3.13** 12-month targets, implying upside of **29.53%** and **62.12%** from the current **HK$1.93**, with forecasts as model-based projections only.

How does Meyka AI rate 9677.HK stock?

Meyka AI rates 9677.HK with a score out of 100: **69.03** (Grade B, suggestion HOLD), combining benchmark, sector, growth, metrics and analyst consensus into the score.

HK Stocks

9677.HK stock down 25.77% on 06 Feb 2026 Market closed: key levels and forecasts

ByDanny Kontos February 6, 2026

The 9677.HK stock fell sharply on 06 Feb 2026, closing at HK$1.93, down 25.77% on the day after heavy selling volume of 129,000 shares as Hong Kong markets closed. This drop erased value toward the year low of HK$1.91 and left the stock trading well below its 50-day average of HK$2.82 and 200-day average of HK$2.92. Investors should note Weihai Bank Co., Ltd. Class H (9677.HK) trades on the HKSE and shows a low PB of 0.33 with a PE of 5.46, highlighting valuation stress against the Financial Services sector.