Why did 8028.HK stock drop so sharply intraday?

The intraday drop of **23.29%** was driven by low liquidity, high relative volume concentration and short-term selling pressure. No major company disclosure accompanied the move, so market flows likely amplified the decline.

What are immediate support and resistance levels for 8028.HK stock?

Immediate technical support is near **HKD 0.26** with resistance around **HKD 0.31** and the 50-day average at **HKD 0.28**. Breaks of these levels can signal short-term continuation or recovery.

How does Meyka AI view 8028.HK stock?

Meyka AI rates 8028.HK with a score out of 100 at **63.54 (Grade B, HOLD)**. The assessment combines benchmark, sector, financial metrics and forecasts. This is informational and not investment advice.

What is the 12-month outlook for 8028.HK stock?

Meyka AI's forecast model projects a 12-month price of **HKD 0.35**, implying roughly **26.26%** upside from **HKD 0.28**. Forecasts are model-based projections and not guarantees; monitor company updates.

HK Stocks

8028.HK stock down 23.29% intraday to HKD 0.28 Jan 2026: monitor support

ByHuzaifa Zahoor January 10, 2026January 10, 2026

8028.HK stock plunged 23.29% intraday to HKD 0.28 on 10 Jan 2026 after thin volume amplified recent selling. The move left the share price at the day low of HKD 0.28 on the HKSE in Hong Kong with traded volume of 20,000 versus an average of 883,877 shares. Intraday weakness follows a 5-day decline of 23.49% and a one-month drop of 41.93%, highlighting heightened volatility for Timeless Software Limited (8028.HK) in the Basic Materials sector.