Analysis of Abnormal Movement of Hong Kong Hot Stock C-LINK SQ (01463.HK)

According to event information, C-LINK SQ (01463.HK) was listed as a hot stock on the Hong Kong Stock Surge List by the East Money App on December 2, 2025 [0]. However, analysis of its market performance and financial data shows that the stock has had stable recent actual trends and low trading volume, which does not match the “surge” characteristics [0]. Further research indicates that this abnormal phenomenon mainly stems from stock code confusion with Taiwan-listed company Kingtech (1463.TW)—Kingtech belongs to the robotics/AI sector, with an increase of about 30% since 2025, making it a popular target of recent market attention [0]. From a financial perspective, C-LINK SQ has weak fundamentals: it lost 1.67 billion MYR in H1 2025 and 210 million MYR in full-year 2024. Its 1-year return of 46.81% is a recovery growth from a low base, not driven by recent market conditions [0].

1. The similarity in stock codes is the core reason for C-LINK SQ (01463.HK) making the hot list. Investors may have misdirected their attention to this stock due to code confusion.
2. The risk of symbol confusion in market information dissemination needs attention, especially in cross-market target research.
3. Although C-LINK SQ has some long-term returns, there is no actual recent market support for its “surge stock” status. Current market attention is disconnected from the company’s fundamentals and actual trends.

• Risk
  : Investors may misjudge investment targets due to code confusion, get stuck with C-LINK SQ (which has weak fundamentals), and face risks of stock price volatility or continuous losses [0].
• Opportunity
  : This event highlights the importance of cross-market code identification. Investors can uncover real market hotspots (such as Taiwan’s Kingtech 1463.TW) through refined target screening and information verification.
• Priority Assessment
  : Code confusion risk requires immediate attention. Investors should strictly verify target identity and fundamental information before making investment decisions.

C-LINK SQ (01463.HK) made the Hong Kong Stock Surge List mainly due to code confusion with Taiwan’s Kingtech (1463.TW). It has no actual recent price increase or trading volume, and its financial condition is poor with consecutive losses. Investors need to pay attention to code differences between cross-market targets to avoid making wrong investment decisions due to information confusion.

Report based on the following source analysis:
[0] Ginlix InfoFlow Analysis Database - Quantitative market data and technical indicators (internal)