1823.HK stock down 17.58% intraday 25 Feb 2026: watch support at HK$1.45
Huayu Expressway Group Limited (1823.HK) fell 17.58% intraday on 25 Feb 2026, trading at HK$1.50 on the HKSE. Volume spiked to 1,506,000 shares, about 2.70x the average. The drop puts the stock among top losers in Hong Kong’s Industrials group today and raises short-term support questions for traders and investors.
1823.HK stock intraday price action and key levels
The stock opened at HK$1.82 and hit a day low of HK$1.45. The previous close was HK$1.82, so today’s change equals -HK$0.32 or -17.58%. The 50-day average sits at HK$1.19 and the 200-day average at HK$0.95, giving visible support bands. Year high and low are HK$2.04 and HK$0.34 respectively.
1823.HK stock: likely drivers behind the sell-off
Trading suggests profit taking after a strong one-month gain of 56.25%. The stock was overbought on some indicators before today.
Huayu reports EPS -HK$0.10 and a negative PE. Weak earnings metrics and negative margins can amplify intraday moves when liquidity rises. Technical buying momentum reversed as MFI hit 84.07, a sign of heavy inflows turned exits.
1823.HK stock fundamentals and valuation
Huayu shows book value per share of HK$2.55 and PB ratio of 0.75, signalling asset backing below replacement cost. Debt to equity is 0.35, and current ratio is 3.45, indicating short-term liquidity.
Meyka AI rates 1823.HK with a score out of 100: 62.73 (Grade B, HOLD). This grade factors in S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus. These grades are informational only and not personalised advice.
1823.HK stock technicals and short-term outlook
Trend indicators show ADX 45.18, indicating a strong trend. RSI is 57.17, not yet oversold. Bollinger bands range from HK$0.59 to HK$1.94, giving a wider volatility band.
Immediate support is the day low HK$1.45 and the 50-day average HK$1.19. A break below HK$1.19 would target HK$0.95 next, based on the 200-day mean.
1823.HK stock price forecasts and analyst-style targets
Meyka AI’s forecast model projects monthly HK$1.42, quarterly HK$1.26, and yearly HK$0.54. Compared with the current price of HK$1.50, that implies a -5.33% monthly downside, -16.00% quarterly downside, and -64.01% yearly downside. Forecasts are model-based projections and not guarantees.
For trading context, we set a near-term technical target at HK$1.20 and a conservative medium-term anchor at HK$0.80, reflecting valuation and cash-flow risks.
1823.HK stock risks and sector context
In Industrials, the average PE is 15.82. Huayu’s negative PE contrasts with peers, highlighting earnings weakness. Operating cash flow per share is -HK$0.17, and free cash flow per share is -HK$0.45, exposing cash generation risk.
Opportunities include steady toll revenue from Sui-Yue and Qing Ping expressways and diversified spirits distribution. Key risks include prolonged margin pressure and negative interest coverage.
Final Thoughts
1823.HK stock moved sharply lower on 25 Feb 2026, down 17.58% to HK$1.50 on heavy volume. The move reflects technical profit-taking after recent gains, weak earnings metrics, and overbought indicators. Fundamental anchors include a book value per share of HK$2.55 and cash strains shown by negative free cash flow per share of HK$0.45. Meyka AI’s forecast model projects monthly HK$1.42, implying a -5.33% move from today’s price. Traders should watch support at HK$1.45 and the 50-day average HK$1.19. Investors focused on fundamentals should weigh the stock’s PB 0.75, negative PE, and the company’s toll revenue durability against cash-flow and margin risks. For real-time monitoring and model updates see Huayu’s site and the HKSE quote, or check our page for live metrics and alerts from Meyka AI, our AI-powered market analysis platform. Forecasts are model-based projections and not guarantees.
FAQs
Why did 1823.HK stock fall so sharply today?
Intraday selling followed profit-taking after recent gains, weak EPS -HK$0.10, and high MFI readings. Heavy volume compounded the drop to HK$1.50.
What short-term support should traders watch for 1823.HK stock?
Watch the day low HK$1.45 and the 50-day average HK$1.19. A clear break under HK$1.19 increases downside toward HK$0.95 on the 200-day mean.
What do Meyka AI forecasts say about 1823.HK stock?
Meyka AI’s forecast model projects monthly HK$1.42, quarterly HK$1.26, and yearly HK$0.54. These are model projections, not guarantees. 1823.HK stock may see downside against today’s price.
Is 1823.HK stock a value pick after the drop?
Valuation shows PB 0.75 and book value HK$2.55. But negative earnings and free cash flow create execution risk. Consider fundamentals before adding exposure to 1823.HK stock.
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.