HK$4.61 pre-market: 0386.HK Sinopec most active on HKSE 10 Jan 2026, watch volume
0386.HK stock opens pre-market at HK$4.61, down 2.74% on high volume in Hong Kong. Trading shows 192,180,643 shares, well above the 50-day average of 141,632,456. Today’s activity places China Petroleum & Chemical Corporation (Sinopec, 0386.HK) among the most active names on the HKSE in Hong Kong. We review recent earnings updates, valuation metrics, and Meyka AI’s forecast to explain why volume is rising and what traders should watch next.
Pre-market price action and volume for 0386.HK stock
Sinopec (0386.HK) opened at HK$4.66 and trades around HK$4.61 pre-market. The stock is down HK$0.13 from the previous close of HK$4.74. Volume so far is 192,180,643 shares, a relative volume of 1.59, signalling above-normal retail and institutional activity.
High turnover is consistent with the stock’s listing in energy ETFs and recent sector flows. The day range is HK$4.55–HK$4.67, with a 52-week range of HK$3.69–HK$4.77.
Latest earnings and revenue updates for 0386.HK stock
Sinopec reported mixed quarterly results through 2025, outpacing revenue estimates on several releases. The 2025-10-29 update showed revenue of HK$770,084,447,411 versus estimates of HK$710,125,662,000. The same quarter listed EPS of HK$0.07544 versus an estimate of HK$0.09293.
Earlier 2025 results included revenue of HK$788,408,767,686 on 2025-04-28 and EPS of HK$0.11. Strong top-line performance has supported market interest despite some EPS misses.
Valuation and fundamentals: what metrics say about 0386.HK stock
Sinopec trades at a trailing PE of 14.15 and a price-to-book of 0.56. Dividend yield is 5.33% with a payout ratio near 78.01%, showing a yield-focused profile. Key ratios include return on equity 4.34% and debt-to-equity 0.67.
Cash conversion remains modest: operating cash flow per share is HK$1.41 and free cash flow per share is HK$0.16. These fundamentals support income investors but limit growth upside.
Technical signals and trading setup for 0386.HK stock
Momentum indicators show moderate strength. The RSI is 60.03, MACD histogram is 0.01, and ADX is 30.47, indicating a strong trend. Bollinger Bands sit at HK$4.28–HK$4.82 and the 50-day average is HK$4.45.
Traders should watch support at HK$4.28 and resistance at the 52-week high HK$4.77. Elevated MFI (74.60) suggests short-term overbought risk on heavy volume.
Meyka AI rates 0386.HK with score and what it means
Meyka AI rates 0386.HK with a score out of 100. Current score: 70.45 / 100, grade B+, suggestion: BUY. This grade factors in S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus.
The grade reflects solid revenue beats, attractive dividend yield, and reasonable valuation versus regional peers. It does not guarantee returns and is not financial advice.
Sector context and catalysts affecting 0386.HK stock
The Energy sector in Hong Kong is up over the year and shows cyclical strength. Oil & gas integrated peers trade at an average PE near 12.9, placing Sinopec slightly above sector median.
Catalysts include China fuel demand recovery, refinery margins, and ETF flows that can drive intraday volume. Macro moves in Asian equities and oil prices will drive short-term direction. See regional market coverage for context Investing.com coverage of Asia markets. Stock is also widely held by ETFs FXI holdings snapshot.
Final Thoughts
Most-active pre-market flows put 0386.HK stock in focus at HK$4.61 on 10 Jan 2026 in Hong Kong. Volume is elevated at 192,180,643 shares, suggesting active repositioning by funds and traders. Meyka AI’s forecast model projects a quarterly price of HK$4.88, implying an upside of +5.86% versus the current price. The model’s yearly projection is HK$3.92, implying a downside of -14.96%, highlighting scenario risk. Our technical read shows near-term momentum but limited upside past the HK$4.77 52-week high. Valuation is attractive for income investors, with a 5.33% yield and PE 14.15, but EPS growth is challenged. Price targets: a conservative target HK$3.80 (bear) and a constructive target HK$5.20 (bull). Forecasts are model-based projections and not guarantees. Use stop-loss discipline and watch refinery margins and China demand data for the next trading sessions. Meyka AI provided this AI-powered market analysis to help frame both trade and income strategies.
FAQs
What is the current price and volume for 0386.HK stock?
Pre-market price is HK$4.61 with volume at 192,180,643 shares. Relative volume is 1.59, indicating higher-than-normal trading interest ahead of the session.
How does Meyka AI rate 0386.HK stock and why?
Meyka AI scores 0386.HK 70.45/100 and assigns a B+ (BUY) grade. The grade balances revenue beats, dividend yield, sector position, and valuation versus peers.
What are the near-term price forecasts for 0386.HK stock?
Meyka AI’s forecast model projects a quarterly price of HK$4.88 (+5.86% vs HK$4.61) and a yearly projection of HK$3.92 (-14.96%). Forecasts are model-based and not guarantees.
What are the main risks for 0386.HK stock investors?
Key risks include weaker-than-expected EPS, falling refinery margins, lower China fuel demand, and higher leverage. A high payout ratio and limited free cash flow increase income risk.
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.
