What caused the sharp drop in 8418.HK stock today?

The drop was driven by heavy volume, profit-taking, and sector weakness in Consumer Cyclical names. No major company release was announced. Price fell to **HKD 0.58** with volume **980000.00**, about **4.64** times average.

What is Meyka AI's view on 8418.HK stock price targets?

Meyka AI's forecast model projects **HKD 0.86** (1 month) and **HKD 0.76** (3 months). These imply upside of **48.28%** and **31.03%** versus **HKD 0.58**. Forecasts are projections, not guarantees.

Are Optima’s fundamentals supportive for a buy of 8418.HK stock?

Fundamentals are mixed. EPS is **-0.01**, PE **-58.00**, and net margin **-2.06%**. Debt metrics are moderate. Meyka AI assigns a Grade B and a HOLD recommendation, reflecting recovery potential with clear risks.

What technical levels should traders watch on 8418.HK stock?

Key levels: support **HKD 0.55**, current **HKD 0.58**, resistance **HKD 0.76**, and Bollinger middle **HKD 0.53**. RSI is high at **71.04**, so momentum may be volatile.

HK Stocks

Optima Automobile (8418.HK) down 15.94% on 06 Jan 2026: Market closed, watch HKD 0.58 support

ByHuzaifa Zahoor January 6, 2026January 6, 2026

The 8418.HK stock slumped 15.94% to HKD 0.58 at market close on 06 Jan 2026. Trading volume jumped to 980000.00 shares, versus an average of 211300.00, signalling heavy selling pressure. Intraday the share ranged between HKD 0.55 and HKD 0.71. Investors in Hong Kong’s HKSE posted losses after the stock broke below intraday support. We use Meyka AI’s live data and technicals to explain drivers, valuations, and a short-term forecast.