0100.HK stock falls 20.65% to HK$461.00 on 06 Feb 2026 Market Closed: watch HK$446.20 support

0100.HK stock plunged 20.65% to HK$461.00 as Hong Kong markets closed on 06 Feb 2026. The drop followed a heavy sell-off in technology and crypto-linked names, leaving MiniMax-wp (0100.HK) among the top losers on the HKSE. Volume came in at 850,184.00 shares against an average of 2,877,167.00, signalling below-average but decisive selling. We examine price drivers, valuation metrics, Meyka AI’s proprietary grade, and short-term price scenarios for investors tracking 0100.HK stock.

Price action and immediate drivers for 0100.HK stock

MiniMax-wp (0100.HK) fell HK$120.00 or 20.65% to HK$461.00 today, with a session range of HK$446.20–HK$494.00. The stock opened at HK$448.00 and closed well below the previous close of HK$581.00. Market headlines flagged broader crypto-related selling and lock-up schedule concerns that analysts flagged as potential supply pressure, per market reports source.

Valuation and financial snapshot relevant to 0100.HK stock

Key metrics show stretched multiples and weak cash flow. The reported price-to-sales ratio is 4,993.83, and a trailing PE reads -319.08, reflecting negative earnings. Cash per share is HK$2.48 while book value per share is -HK$2.62, and current ratio is 0.47, well below the Technology sector average of 2.90. These figures underline high valuation versus available fundamentals and elevated liquidity risk.

Technical levels, trading and short-term price targets for 0100.HK stock

Short-term support sits at today’s low HK$446.20 and resistance near the intraday high HK$494.00. Traders should note the 50-day average at HK$425.22. Conservative price targets: downside support near HK$420.00 and a recovery target at HK$540.00, with a stretch scenario up to the year high HK$571.00 if sentiment reverses. Use tight risk controls; volume was 850,184.00, below the three-month average.

Meyka AI grade and forecast for 0100.HK stock

Meyka AI rates 0100.HK with a score out of 100: 69.30 (Grade B | 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 price of HK$501.79 and a quarterly price of HK$656.11. Versus the current HK$461.00, the monthly projection implies +8.84% upside and the quarterly projection implies +42.29% upside. Forecasts are model-based projections and not guarantees.

Risks and catalysts affecting 0100.HK stock

Primary risks include continued sector-wide tech weakness, potential lock-up or float increases, and weak cash conversion metrics. Key catalysts would be clearer product adoption updates, better cash flow, or supportive sector flows. Recent market commentary flagged MINIMAX among names with larger release pressure, a near-term headwind for price stability source.

Sector and market context for 0100.HK stock

Minimax-wp trades in the Technology sector on the HKSE. The sector has shown mixed moves, with a one-week decline of -3.52% and one-month gain of +1.85%, per sector data. 0100.HK’s liquidity metrics and stretched valuation contrast with the sector’s average price-to-book of 0.35 and average current ratio 2.90, highlighting higher capital and execution risk for the company relative to peers.

Final Thoughts

Minimax-wp (0100.HK) was a top loser on 06 Feb 2026, dropping 20.65% to HK$461.00 on the HKSE as sector pressure and potential supply unlocked selling weighed on the stock. Fundamentals show negative earnings, high price-to-sales, and a weak current ratio, which raises near-term risk. Meyka AI assigns a 69.30/100 score (Grade B, HOLD) and offers model forecasts of HK$501.79 (monthly) and HK$656.11 (quarterly). Against today’s close of HK$461.00, the model implies +8.84% and +42.29% potential upside respectively, but these are projections, not guarantees. Short-term traders should watch HK$446.20 support and volume for conviction. Longer-term investors must weigh product traction, cash runway, and sector recovery before adding Minimax-wp to portfolios. For real-time updates and deeper charts, see the Meyka stock page for 0100.HK and follow market headlines closely Meyka stock page.

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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.