1939.HK stock down 20.33% to HK$0.98 on 19 Jan 2026: key downside risks
The 1939.HK stock plunged 20.33% to HK$0.98 at market close on 19 Jan 2026, led by heavy selling and volume of 14,426,200.00 shares. Today’s drop followed an intraday high of HK$1.09 and a low of HK$0.97, leaving the equity down sharply from its 50‑day average of HK$3.36 and its 200‑day average of HK$4.66. Investors should watch liquidity and short‑term technicals as the company operates in Hong Kong’s Consumer Cyclical sector and reports negative earnings per share of -0.04
1939.HK stock: market move and trading snapshot
Shangshan Gold International (1939.HK) closed at HK$0.98, down HK$0.25 or 20.33%, with 14,426,200.00 shares traded versus an average volume of 8,542,721.00. The market cap stands at HK$563,068,000.00, day range HK$0.97–HK$1.09, and the previous close was HK$1.23
1939.HK stock: fundamentals and valuation
The company shows trailing EPS of -0.04 and a negative PE; price to book is 2.47 and price to sales is 5.28, with book value per share at HK$0.45. Working capital and cash per share (HK$0.16) support liquidity, but net income per share is -0.04, and the company posted negative margins, signaling weak profitability
1939.HK stock: technicals and short‑term signals
Technical indicators are oversold: RSI 10.68, Williams %R -90.16, and ADX 80.02 indicating a strong downtrend. Price sits well below the 50‑day (HK$3.36) and 200‑day (HK$4.66) averages, and Bollinger lower band is HK$0.67, suggesting momentum is sharply negative
1939.HK stock: sector context and comparative risks
Shangshan Gold (1939.HK) trades in Hong Kong’s Consumer Cyclical sector where average P/E is 21.41 and average P/B is 3.47; the stock’s weak profitability and negative returns contrast with sector averages, raising sector‑relative risk for discretionary auction and retail services
1939.HK stock: Meyka AI grade and analyst framing
Meyka AI rates 1939.HK with a score out of 100: 58.59 (Grade C+), suggestion HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus and is informational only
1939.HK stock: price targets and trading strategy
We set short‑term price targets of HK$0.60 (conservative), HK$1.20 (base), and HK$2.50 (bull). Given current volume and high receivables days, traders should prioritise stop loss discipline and watch earnings and auction revenue trends before increasing exposure
Final Thoughts
Key takeaways for 1939.HK stock: the share price fell to HK$0.98 on 19 Jan 2026 on heavy volume, signaling strong selling pressure and a break well below moving averages. Fundamentals show negative EPS (-0.04), a price to book of 2.47, and stretched receivables and inventory turnover metrics that heighten operational risk. Meyka AI’s forecast model projects a 12‑month price of HK$6.16, implying an upside of +528.57% versus today’s HK$0.98, but forecasts are model‑based projections and not guarantees. Our short‑term price targets are HK$0.60, HK$1.20, and HK$2.50, reflecting downside risk and a range of recoveries. Investors should weigh liquidity, auction revenue updates, and sector performance in Hong Kong before acting. Meyka AI provides this analysis as an AI‑powered market analysis platform; this is informational and not investment advice
FAQs
Why did 1939.HK stock drop today?
1939.HK stock fell 20.33% on heavy volume as price broke below the 50‑day average. Short‑term selling, weak margins and negative EPS likely triggered stop orders and risk selling
What is Meyka AI’s view on 1939.HK stock?
Meyka AI rates 1939.HK 58.59/100 (C+, HOLD). The grade weighs sector comparison, growth metrics and analyst inputs and is for information only, not advice
What price targets apply to 1939.HK stock?
We outline targets: conservative HK$0.60, base HK$1.20, bull HK$2.50. Use stop losses and monitor earnings and auction revenue before increasing positions
How does the Meyka forecast compare with current price?
Meyka AI’s model projects HK$6.16 in 12 months versus HK$0.98 today, an implied +528.57% upside. Forecasts are model projections and not guarantees
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.
