Why did 2399.HK stock drop so sharply in pre-market?

The pre-market drop to **HK$0.49** was driven by weak fundamentals, negative EPS (**-0.14**), elevated receivables, and a surge in trading volume (**11,815,000.00**). Short-term technical selling amplified the fall.

What are realistic near-term price targets for 2399.HK stock?

Meyka AI's model projects a quarterly target of **HK$0.69** (about **+40.82%** vs current) and a 12-month model value of **HK$0.4383** (about **-10.55%**). These are model-based forecasts, not guarantees.

Should investors buy the dip in 2399.HK stock now?

Buying the dip requires accepting execution and liquidity risks. Consider improved receivables, cash flow recovery, and Energy Storage contract news as prerequisites. Use small position sizes and stop-losses aligned to technical support.

Where can I find company information and filings for 2399.HK stock?

Company filings and investor details are on the official site at [China Anchu](https://www.chinaanchu2399.com). For data and financial snapshots, see the FinancialModelingPrep profile linked in the analysis.

HK Stocks

Pre-Market Top Loser 2399.HK stock: Down 25.76% to HK$0.49, watch forecast gap

ByHuzaifa Zahoor February 23, 2026

2399.HK stock opened the pre-market on 24 Feb 2026 sharply lower, trading at HK$0.49 after a 25.76% drop on heavy volume. The move follows volatile session ranges (day high HK$0.55, day low HK$0.475) and a relative volume spike of 11,815,000.00 shares. On the HKSE in Hong Kong, sentiment is fragile as the company reports negative earnings per share of -0.14 and a trailing PE of -3.79. This piece examines the drivers behind the plunge, what technicals signal, and how model-based forecasts affect near-term price targets for China Anchu Energy Storage Group Limited (2399.HK stock).