Pre-market most active: 1918.HK Sunac China HK$1.28 26 Feb 2026: heavy volume
The 1918.HK stock is the top pre-market mover in Hong Kong as Sunac China Holdings (HKSE) trades at HK$1.28, down -2.29%, on volume 372,585,386 shares on 26 Feb 2026. This early activity puts liquidity and short-term momentum in focus for traders ahead of the company’s next earnings announcement on 27 Mar 2026. We summarise price action, valuation, technicals, and Meyka AI model forecasts to help investors weigh risks and opportunities in the real estate sector in Hong Kong.
1918.HK stock pre-market snapshot
Sunac China Holdings Limited (1918.HK) on the HKSE opened at HK$1.25 and is trading at HK$1.28, with a day range of HK$1.25–1.31 and a previous close of HK$1.31. Market cap stands near HK$11,737,195,391.00 and the stock is showing a year range of HK$0.97–HK$2.40 which frames current price risk and upside.
Drivers and sector context affecting 1918.HK stock
Pre-market volume is elevated at 372,585,386 versus an average volume of 243,937,014, suggesting heavier-than-normal attention from traders and algorithms. Real estate sector performance has outpaced broader markets YTD, with the Hong Kong real estate group reporting a YTD +5.88% across the sector, which is supporting interest in developers including Sunac. News comparisons and competitor data are cited by market tools and peers Powerlong Real Estate compare and Ronshine competitor compare that traders use for relative valuation checks.
Valuation, financials and key risks for 1918.HK stock
Sunac reports trailing EPS -2.80 and a negative PE of -0.44, while price-to-book sits near 0.36, reflecting deep valuation discounts to book value per share of HK$4.42. Debt metrics are elevated: debt-to-equity is 8.27 and current ratio is 0.88, which highlights liquidity risk for a highly leveraged developer. Major risks include high leverage, uneven cash conversion cycle, and sensitivity to Chinese property policy and sales trends; these factors link directly to Sunac’s volatile earnings and credit profile.
Technicals, trading signals and support for 1918.HK stock
Momentum indicators are mixed: RSI 51.84, MACD histogram 0.01, and ADX 26.97 which suggests a firm short-term trend but not overbought conditions. Price sits slightly above the 50-day average HK$1.21 and below the 200-day average HK$1.44, leaving the 200-day as a key resistance level. Intraday support is near HK$1.25 and immediate resistance near HK$1.31; Bollinger Bands read Upper 1.40 / Middle 1.20 / Lower 0.99, framing a trading band for scalpers and short-term investors.
Meyka AI rating and 1918.HK stock forecast
Meyka AI rates 1918.HK with a score out of 100: 62 — Grade B, Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The company grade balances cheap valuation metrics with high leverage and negative EPS. Meyka AI’s forecast model projects a monthly price of HK$1.31 and a yearly price of HK$1.32 versus the current HK$1.28, implying a short-term upside of +2.34% (monthly) and +2.99% (yearly). Longer-horizon model outputs show larger downside scenarios; forecasts are model-based projections and not guarantees.
Price targets and trading strategy for 1918.HK stock
Analyst-style price targets: conservative target HK$0.90, base case HK$1.32, and upside target HK$1.50 reflecting recovery if sales and policy conditions improve. A short-term trader may use the intraday band and the HK$1.25 support, while risk-tolerant investors should monitor quarter-end sales and liquidity events. For portfolio managers, position sizing should account for high volatility and leverage; consider hedges or smaller weightings until earnings clarity or balance-sheet repair is visible. See the Meyka stock page for intraday data and alerts: Meyka stock page for 1918.HK.
Final Thoughts
Key takeaways on the 1918.HK stock: Sunac China is the most active pre-market name with HK$1.28 trading and 372,585,386 shares changing hands on 26 Feb 2026, showing heightened attention and liquidity. Valuation is low with PB 0.36, but leverage is high with debt-to-equity 8.27 and negative EPS -2.80, so upside hinges on cash-flow stability and property sales recovery. Meyka AI’s model gives short-term modest upside to HK$1.31–HK$1.32 (+2.34% to +2.99%) versus current price, while longer-term scenarios show downside if leverage is not reduced. Traders should use intraday support at HK$1.25 and resistance at HK$1.31 for entries and exits, and investors should wait for clearer earnings, deleveraging signs, or policy tailwinds before increasing exposure. This analysis uses Meyka AI as an AI-powered market analysis platform and is for informational purposes only; forecasts are model-based projections and not guarantees.
FAQs
What is driving pre-market volume in the 1918.HK stock today?
Higher pre-market volume (372,585,386 shares) reflects trader attention to liquidity and short-term momentum, plus comparison activity among developers. Sector strength and competitor scans on market tools are also attracting flows to the 1918.HK stock.
How should I weigh valuation against risk for 1918.HK stock?
Sunac trades at a low PB of 0.36 but carries high leverage (debt-to-equity 8.27) and negative EPS. Valuation is attractive only if you accept balance-sheet and policy risks, so limit position size and monitor cash-flow and sales updates.
What price targets and forecast does Meyka AI show for 1918.HK stock?
Meyka AI’s model projects a monthly target of HK$1.31 and a yearly target of HK$1.32 implying modest upside of about +2.34% to +2.99% versus HK$1.28; these 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.