1546.HK Thelloy jumps 84.90% intraday on HKSE 16 Jan 2026: watch volume
Thelloy Development Group Limited (1546.HK) leads Hong Kong intraday movers after a sharp rally of 84.90%, trading at HK$0.36 on the HKSE on 16 Jan 2026. The move came with heavy turnover of 27,838,000 shares, pushing the day high to HK$0.45 and the year high to HK$0.45. This intraday spike in 1546.HK stock follows thin liquidity, a low 50-day average of HK$0.08, and aggressive technical buying. Traders should weigh the surge against weak fundamentals and short-term volatility before sizing positions.
1546.HK stock: Market snapshot
1546.HK stock traded intraday on HKSE at HK$0.36, up 84.90% from the previous close of HK$0.19 on 16 Jan 2026. Volume hit 27,838,000, versus an average of 1,028,459 shares, a relative volume of 27.07. Market cap stands at HK$284,000,000 with 800,000,000 shares outstanding. Day range was HK$0.22–HK$0.45 and the year range remains HK$0.05–HK$0.45.
Drivers behind the 1546.HK stock surge
The rally looks driven by a large volume burst and short-covering in a low-liquidity name. Technical indicators flagged momentum early: RSI 74.73 and ADX 64.64, pointing to a strong intraday trend. Price moved above the 50-day average of HK$0.08, attracting momentum traders. There was no formal earnings or corporate news at the time of the spike.
1546.HK analysis: Financials and valuation
On fundamentals, Thelloy reports negative EPS of HKD -0.07 and a trailing PE of -5.07, reflecting losses. Key ratios show price-to-sales 0.59, price-to-book 2.78, and debt-to-equity 1.55, higher than the Hong Kong Industrials sector average DE 0.62. Current ratio is 0.73, and free cash flow per share is HK$-0.08, signalling tight liquidity. These metrics explain why analysts treat gains here as high risk rather than a stable recovery.
1546.HK stock technicals and trading signals
Technical read: strong trend, overbought momentum. MACD histogram is positive (MACD 0.02, signal 0.01), ROC 177.59%, and CCI 230.15. Bollinger upper band at HK$0.16 and ATR HK$0.02 show elevated volatility. Short-term traders may target a pullback to support at HK$0.22 or the 50-day mean HK$0.08. Risk-managed entries should size for potential rapid reversals.
Meyka AI rates 1546.HK with a score out of 100 and forecast
Meyka AI rates 1546.HK with a score out of 100: the stock scores 58.54 (Grade C+, Suggestion: HOLD). 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 level of HK$0.10. Versus the intraday price HK$0.36, that implies an implied change of -72.22%. Forecasts are model-based projections and not guarantees. This grade and forecast are informational and not investment advice.
Risks and outlook for 1546.HK stock
Key risks include low liquidity, negative earnings, and high leverage relative to peers. Short-term outlook depends on follow-through volume and whether institutional orders appear. Conservative price targets: a base recovery target at HK$0.08 and a bullish target at the recent high HK$0.45, reflecting a range driven by sentiment rather than improved fundamentals.
Final Thoughts
1546.HK stock’s intraday surge to HK$0.36 on 16 Jan 2026 shows how low-liquidity names can move sharply on volume spikes. The rally created clear short-term trading opportunities, but fundamentals remain weak: EPS HKD -0.07, debt-to-equity 1.55, and current ratio 0.73. Meyka AI’s models project a monthly level of HK$0.10, implying -72.22% from the intraday price; this highlights the model’s caution versus momentum traders. For active traders, watch immediate support at HK$0.22 and the 50-day mean HK$0.08. For longer-term investors, the stock needs revenue growth and margin improvement before risk-adjusted returns look attractive. Meyka AI, our AI-powered market analysis platform, flags 1546.HK as a high-volatility trade rather than a buy-and-hold opportunity. All forecasts and grades are model outputs and are not guarantees.
FAQs
What caused the 1546.HK stock rally today?
The intraday rally was driven by a large volume spike and momentum buying in a thinly traded stock. No public earnings or corporate event was reported at the time; technical short-covering likely amplified the move.
How does Meyka AI rate 1546.HK?
Meyka AI rates 1546.HK with a score out of 100: 58.54 (Grade C+, Suggestion: HOLD). The grade factors in benchmark and sector comparisons, financials, key metrics, and analyst consensus.
What price targets should traders watch for 1546.HK stock?
Short-term support is near HK$0.22 and the 50-day average HK$0.08. A conservative recovery target is HK$0.08 and a bullish target is HK$0.45, tied to momentum rather than improved fundamentals.
Is the Meyka AI forecast a buy signal for 1546.HK?
No. Meyka AI’s forecast model projects HK$0.10 monthly, implying downside from the intraday price. Forecasts are model-based projections and not investment advice.
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.