Comprehensive Analysis of Hong Kong Stock Market Hot Stock Jiujiu Wang (01927.HK)

Jiujiu Wang (01927.HK) is a Hong Kong Main Board listed enterprise (listed in 2021) mainly engaged in OEM of candy products such as chewing gum and bubble gum [1]. In 2024, the company recorded its first net profit loss attributable to shareholders since listing [3], reflecting competitive pressure and operational challenges in the candy industry. The Hong Kong stock market performed strongly overall in 2025, with the Hang Seng Index rising 28% for the full year, the best since 2017 [2], and Jiujiu Wang’s stock price may be driven by the overall market rise. In addition, as a low-priced stock (current price HK$0.141), short-term speculative activities may lead to an increase in its trading volume and price volatility [1].

1. Industry Trend
   : Changes in candy consumption demand have put the industry under the challenge of “shrinking sweet business” [3], and Jiujiu Wang needs to respond through innovation and transformation.
2. Market Sentiment
   : The strong performance of the Hang Seng Index in 2025 has boosted overall market sentiment, and low-priced stocks are more likely to attract speculative capital attention, which may be the potential reason for it becoming a hot stock.
3. Fundamental Support
   : The net profit loss in 2024 indicates that the company’s fundamentals need to be improved; if no positive announcements or performance improvements are released subsequently, the current hot status may lack sustained support.

• Profitability Risk
  : Net profit loss in 2024 [3], the company’s operational pressure continues; if profitability does not improve, the long-term performance of the stock price may be affected.
• Industry Competition Risk
  : The candy industry is highly competitive, requiring continuous innovation to maintain market share [3].
• Low-priced Stock Risk
  : The stock price is easily affected by speculative activities and has high volatility [1].

• Market-driven Potential
  : The Hong Kong stock market performed well in 2025; optimistic market sentiment may provide short-term support for the stock price [2].
• Transformation Potential
  : If the company launches new products or adjusts its strategy, it is expected to improve its fundamentals and attract the attention of long-term investors.

• Stock Code: 01927.HK
• Current Stock Price: HK$0.141, daily increase of 4.444% [1]
• Core Business: Candy product OEM
• 2024 Performance: First net profit loss since listing [3]
• Market Background: Hang Seng Index rose 28% for the full year in 2025 [2]
• Main Risks: Declining profitability, intensified industry competition, volatility of low-priced stocks