Reasons and Analysis for Guangtai International Holdings (00844.HK) Becoming a Hong Kong Stock Hot Stock

00844.HK Guangtai International Holdings is mainly engaged in knitted fabric and underwear manufacturing [0]. The stock recently entered the Hong Kong stock surge list on the East Money App [1], with the core catalyst being the voluntary conditional cash acquisition offer issued by Asia Fashion Holdings Limited around December 22, 2025: the acquisition price is HK$0.80 per share, which is a 25% premium over the closing price of HK$0.64 on September 4, 2025, and the target of the acquisition is all issued shares not held by the acquirer [0].

From the perspective of historical price fluctuations, the stock showed significant volatility in 2025: the price range at the beginning of the year was HK$0.25-HK$0.47, fell to HK$0.16 in early April, soared to HK$0.88 on August 21, then quickly dropped back to HK$0.44 on August 28, and recovered to HK$0.64 on September 4 [0]. The acquisition offer news has driven the recent surge in the stock price again. Although specific trading volume data for December 22 was not obtained as of the analysis, acquisition events usually trigger a significant increase in trading volume [0].

1. Acquisition Premium Attraction is Significant
   : The 25% cash acquisition premium directly attracts investors and is the core driver of the stock price rise.
2. Historical Volatility Needs Attention
   : The stock experienced a sharp fluctuation in August 2025, dropping from HK$0.88 to HK$0.44 within a week, indicating that its price is susceptible to short-term news [0].
3. Dual Attention to Investor Structure
   : Being on the East Money App’s hot list reflects high retail investor attention, while the institutional acquirer’s involvement indicates strategic interest from institutions [0][1].

• Risk Points
  :
  • The acquisition is a conditional offer, so there is a possibility of failure. If the acquisition fails, the stock price may fall back to around HK$0.64 before the offer [0];
  • Historical price fluctuations are severe, so investors need to bear large short-term price fluctuation risks [0];
  • The company faces supply chain problems caused by geopolitics, leading to rising costs and declining operational efficiency [0].

• Opportunity Points
  :
  • The acquisition premium provides investors with short-term profit opportunities [0];
  • The hot stock ranking has increased the company’s attention in the Hong Kong stock market, which may attract more capital inflows [1].

00844.HK Guangtai International Holdings has become a Hong Kong stock hot stock due to the 25% premium acquisition offer proposed by Asia Fashion Holdings. Investors need to pay attention to the acquisition progress and whether the conditions are met, while being alert to the risk of acquisition failure and the characteristics of historical price fluctuations. The company’s fundamentals face supply chain challenges, so investors need to conduct an objective assessment based on their own risk tolerance [0][1].