HK Hot Stock Analysis: Dazhong Utilities (01635.HK)

Dazhong Utilities (ticker: 01635.HK, A-share: 600635.SS) was listed on the Hong Kong Stock Hot List of the East Money App on December 25, 2025 [1]. Its core catalysts for becoming a hot stock include three factors: winning the “Annual A+H Outstanding Enterprise Award” on December 23, demonstrating cross-market operation capabilities [0]; signing distribution contracts with Shanghai Gas Chongming and Shanghai Dongfang Energy on December 21 to expand business scope [0]; and the Q3 financial report released on October 30 showing a 205.14% year-on-year increase in net profit, with significant improvement in fundamentals [0].

In terms of price and trading volume: The A-share showed volatile performance—after hitting a high of 7.01 on December 12, it pulled back to 6.36 on the 18th and rebounded to 6.52 on the 25th (up 0.62%), with a trading volume of 80.78 million shares that day [0]. For the H-share: The closing price on December 24 was HK$3.340 (down 0.89%) with a trading volume of 7.24 million shares [2]; the 52-week range was HK$1.591-HK$4.950, and the YTD return reached 56.74% [2]. Regarding market sentiment: The stock ranked high on the East Money App Hot List [1], the A-share had a peak trading volume, and there was moderate short-selling in the H-share [0].

1. The A+H Outstanding Enterprise Award and strategic contracts have enhanced the company’s market reputation and operational resilience, laying the foundation for long-term growth.
2. The strong YTD return of the H-share reflects the market’s optimistic attitude towards the company’s development, but the recent pullback from the 52-week high suggests profit-taking pressure.
3. The A-share fluctuated downward after hitting the 7.01 high, indicating that despite positive catalysts, market sentiment is still divided.

• Opportunities
  : Distribution contracts expand the company’s layout in the energy sector; the A+H award enhances investor confidence; the surge in Q3 net profit highlights improved operational efficiency.
• Risks
  : Short-term price fluctuations of A and H shares are relatively large; there are regulatory risks in the public utilities industry; market sentiment fluctuations may affect stock price trends.

Dazhong Utilities (01635.HK) is a target on the Hong Kong Stock Hot List of the East Money App, with positive catalysts such as winning awards, contract signings, and Q3 performance growth. The A-share showed a volatile trend, while the H-share had a strong YTD return but recently pulled back. Trading volume and sentiment indicators show divided market reactions—there are both opportunities brought by business expansion and risks of price fluctuations and regulation.