Why did 1232.HK stock drop in pre-market trade?

The pre-market drop to HK$0.32 reflects negative earnings, tight liquidity metrics, and heavy selling volume. Market reaction also reflects long inventory days and elevated enterprise value versus market cap, heightening investor caution.

What is Meyka AI's view on 1232.HK stock forecast?

Meyka AI's forecast model projects HK$0.36 monthly and HK$0.88 yearly for 1232.HK stock. These projections imply upside from the current price but are model-based and not guarantees.

What short-term technical levels matter for 1232.HK stock?

Watch support near HK$0.27 and resistance at the 50-day average HK$0.40. RSI at 33.42 and MFI at 3.25 indicate oversold conditions that could trigger short-term bounces.

Should investors buy 1232.HK stock after the decline?

Given negative EPS, low current ratio, and working capital stress, a cautious stance is advised. Meyka AI gives a HOLD grade; consider updates on presales, refinancing, and the earnings release before buying.

HK Stocks

Pre-market: 1232.HK down 20.99% to HK$0.32 on 19 Feb 2026: key outlook

ByHuzaifa Zahoor February 18, 2026February 18, 2026

The 1232.HK stock fell sharply in pre-market trade on 19 Feb 2026, sliding 20.99% to HK$0.32 as volume spiked to 28,000.00 shares. The move puts Golden Wheel Tiandi Holdings Company Limited (1232.HK) on the top losers list on the HKSE in Hong Kong this morning. Key reported metrics include EPS -3.01, PE -0.11, and market capitalisation near HK$57,568,640.00. Traders cite weak near-term liquidity metrics and continued negative earnings as immediate pressure points.