1920.HK stock down 23.96% (Market closed) on 12 Feb 2026: watch HK$0.72 support
We saw 1920.HK stock plunge 23.96% to HK$0.73 at market close on 12 Feb 2026, driven by a heavy intraday sell-off and a volume spike to 9,910,000.00 shares. The move erased gains from recent strength and pushed price back toward the session low of HK$0.72. We identify the drivers behind the drop, compare valuation versus the Industrials sector, and offer short-term levels and a model-based forecast to frame next steps for traders in Hong Kong.
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