01028.HK (Qianbaidu) Hong Kong Stock Hot List Performance and Risk Analysis

Qianbaidu (01028.HK) mainly covers consumer goods retail and diversified sectors (historically core in footwear retail, later expanded to real estate, smart retail, etc.). Due to API data support limitations and Hong Kong’s Christmas market closure [1], real-time or recent trading prices cannot be obtained temporarily [0].

The stock was included in the East Money App Hong Kong Stock Surge List on December 25, 2025 (data source: Tushare [0]), indicating that it had a significant short-term gain in recent trading (most likely the half-day session on Christmas Eve, December 24 [1]), attracting retail investors’ attention.

Due to limited API tool support for this target and the full closure of the Hong Kong market on December 25 [1], accurate technical analysis data such as price fluctuation range, volume change, and support/resistance levels cannot be obtained [0].

Making the East Money App hot list reflects retail investors’ short-term speculative interest [0]. However, no clear fundamental or news catalysts driving its rise have been found through multi-channel searches, and it cannot be ruled out that it is a short-term fluctuation driven only by liquidity or market sentiment.

1. Impact of Christmas Holidays
   : Trading volume in Hong Kong stocks is light around Christmas, and short-term price fluctuations are easily amplified. Vigilance is needed against abnormal trends caused by insufficient liquidity [1].
2. Speculation Driven by Hot List
   : Hot list rises without clear catalysts usually have poor sustainability, and subsequent trends have high uncertainty [0].
3. Challenge of Data Limitations
   : The lack of API data support hinders the comprehensive analysis of small-cap Hong Kong stocks, and the trend needs to be verified with opening data after the market resumes trading [0].

• Transparency Risk
  : No public news or announcements driving price fluctuations have been found, and the trend may lack fundamental support [0].
• Liquidity Risk
  : Trading volume in Hong Kong stocks is low during Christmas, and short-term fluctuations may be further amplified [1].
• Data Limitation Risk
  : Due to API support issues, price patterns and volume changes cannot be fully analyzed, making it difficult to accurately judge the trend [0].
• Speculative Risk
  : Rises driven only by the hot list usually have large fluctuations and poor sustainability [0].

If the stock’s opening price is stable with a significant increase in trading volume after the market resumes normal trading, and clear fundamental positives emerge, there may be short-term trading opportunities. However, there is a lack of relevant supporting conditions currently, and continuous attention is needed [0].

• 01028.HK (Qianbaidu) made the East Money App Hong Kong Stock Surge List due to recent short-term gains, mainly attracting retail investors’ attention [0].
• Due to API data limitations and Hong Kong’s Christmas closure, complete trading data and clear rise catalysts cannot be obtained [0,1].
• The stock’s trend shows speculative and uncertain characteristics. It is recommended to pay attention to the opening price and volume changes after the market resumes trading to judge the sustainability of the trend [0].