1398.HK at HK$6.21 pre-market 07 Jan 2026: most-active on HKSE, watch valuation edge
We see 1398.HK stock trading at HK$6.21 pre-market on 07 Jan 2026, down 2.05% versus yesterday. Volume is heavy at 212,919,247 shares, keeping the issue among Hong Kong’s most active names. The move follows a broad dip in the Financial Services sector and recent mixed earnings data. We focus on price drivers, key ratios and short-term Meyka AI forecasts to explain the stock’s pre-market momentum and where traders might look next.
1398.HK stock: price action and liquidity
ICBC (Industrial and Commercial Bank of China Limited) opened at HK$6.30 and trades between HK$6.20 and HK$6.32 today. Volume of 212,919,247 shares is slightly above the average of 204,647,544, signalling elevated trader interest. The stock is listed on the HKSE and quoted in HKD. One clear claim: large volume on a down tick suggests distribution rather than quiet profit-taking.
1398.HK analysis: fundamentals and valuation
ICBC shows a trailing PE of 5.65 and reported EPS of 1.10 in the full quote data, supporting a value tilt. Book value per share is 12.16 and the PB ratio is 0.46, pointing to deep value relative to book. Dividend yield stands near 5.40% with a payout ratio of 0.44, making dividends a material component of total returns. The claim: valuation metrics are attractive versus many regional peers, but balance-sheet leverage demands attention.
1398.HK earnings and recent results
Recent quarterly reports show mixed beats and misses. On 29 Aug 2025, reported EPS was 0.25 versus estimate 0.28, while revenue came in at HK$428,241,681,000.00 versus estimate HK$195,090,778,000.00, a large revenue surprise. Earlier quarters show EPS around 0.28 and revenue beats. The claim: revenue strength coexists with modest EPS variability, underlining stable core banking margins but timing differences in non‑interest items.
1398.HK technicals and short-term outlook
Momentum indicators are neutral to mildly positive. RSI is 49.70 and the 50-day average is HK$6.27, while the 200-day average sits at HK$5.93. Bollinger Bands middle is HK$6.16, upper HK$6.35, lower HK$5.97. The claim: technical structure shows limited trend and room for a directional move if macro data or sector flows change.
Meyka grade and model forecast for 1398.HK stock
Meyka AI rates 1398.HK with a score out of 100: 78.42, Grade B+, Suggestion BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a monthly price of HK$6.57, a quarterly price of HK$6.77, and a yearly price of HK$7.94. That implies upside of 5.80%, 9.02%, and 27.86% from HK$6.21 respectively. Forecasts are model-based projections and not guarantees.
Risks, sector context and trading note
Bank sector volatility and policy shifts remain the main risks. The Financial Services sector shows YTD performance of 37.80% in Hong Kong, but individual bank moves can be sharp. ICBC carries debt-to-equity of 2.53 and interest coverage under 1.00, which magnifies sensitivity to funding and credit trends. The claim: traders should weigh dividend support and low PB against leverage and macro risk.
Final Thoughts
Key takeaways on 1398.HK stock: the pre-market price of HK$6.21 and above-average volume make ICBC one of Hong Kong’s most active names this session. Fundamentals show a low PE of 5.65, PB of 0.46, and a dividend yield near 5.40%, which support a value case. Technicals are neutral, with a 50-day average at HK$6.27 and RSI 49.70, so a clearer trend requires new catalysts. Meyka AI’s model suggests a one-year projection near HK$7.94, implying about 27.86% upside from current levels, while shorter horizons show smaller gains. We see a mixed risk-reward: attractive yield and valuation versus leverage sensitivity and macro volatility. For traders focused on most-active flows, monitor sector headlines, volume spikes and next earnings updates. For further reading, see the latest listings on Yahoo Finance and sector components for context source source or our Meyka stock page. Forecasts are model-based and not guarantees.
FAQs
Pre-market moves reflect elevated volume, sector weakness and mixed earnings. ICBC’s valuation and dividend attract long-term buyers, while leverage and interest coverage create sensitivity to macro news.
Meyka AI’s model projects **HK$6.57** monthly, **HK$6.77** quarterly and **HK$7.94** yearly. These imply respective upside of **5.80%**, **9.02%** and **27.86%** versus **HK$6.21**.
Yes. ICBC yields about **5.40%** with a payout ratio near **0.44**, supporting income-focused strategies. Dividend safety depends on credit trends and policy.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
