WellCell Holdings Co., Limited, through its subsidiaries, provides telecommunication network support and information and communication technology integration se...
Jingwei Tiandi (2477.HK) staged a strong single-session rally, climbing from an intraday low of 0.245 to a high of 0.260 in the afternoon session, closing up 6.6% with a turnover of 67.27 million HKD, significantly above recent average. The surge follows the company's announcement of a 188 million HKD placement to fund an AI platform, which has been highlighted in multiple recent news reports as the catalyst for sharp gains, though today's increase is much smaller than prior 20%+ daily jumps. Financially, operating revenue declined 22% and 26% year-over-year in the latest two quarters, with operating losses widening and net profit margin at 5.9%. The stock trades at a P/E of 73.4x and P/B of 5.2x, with a current price of 0.260 HKD, down 99% from its 52-week high of 28.34 HKD but above the 20-day MA of 0.222 HKD. Year-to-date, the stock has lost 97.89%. However, the sustainability of such elevated trading activity remains uncertain after consecutive gains.
Jingwei Tiandi (2477.HK) dropped in the morning session, opening at HK$0.260 and moving steadily lower to close at HK$0.248, down 4.62% from the previous close, and 4.6% below the intraday high of HK$0.260. The decline was driven by the company's H1 2026 loss warning, forecasting a net loss of up to RMB 45 million versus a year-ago profit, which dampened sentiment and erased most gains from the recent AI platform placement news. Earnings data showed Q4 2025 revenue fell 21.99% YoY to HK$71.4 million, operating loss widened to HK$9.2 million, and net profit margin stood at 5.93%. The stock at HK$0.248 trades well below its 60-day MA of HK$0.347, is down 97.99% year-to-date, and 99.12% below its 52-week high of HK$28.34, though it remains 49.4% above the 52-week low of HK$0.166.
Jingwei Tiandi (2477.HK) closed at HK$0.325, falling 9.7% today, primarily due to worsening fundamentals coinciding with the stock's approach to its 52-week low. The stock opened higher at HK$0.355 before gapping down, with losses deepening in the afternoon session to an intraday low of HK$0.320, setting a new 52-week trough. The latest earnings showed Q4 2025 revenue of HK$71.43 million declined 21.99% YoY, operating loss of HK$9.23 million widened 420.42% YoY, and EPS of HK$0.0011 shrank 15.45% YoY. The current price is 98.85% below its 52-week high of HK$28.34 and has fallen 97.36% YTD, while trading well below MA20 (HK$0.436) and MA60 (HK$5.196), signaling sharp technical weakness. However, today's turnover rate stood at a high 16.51%, indicating active trading and potential short-term speculative interest following the steep decline.
WellCell expects H1 net loss up to RMB 45 million vs year-ago profit
HSI Down 494 pts; HSTI Down 195 pts; MEITUAN Down over 6%; TENCENT Down over 3%; BABA Down over 3%; ABLE DIGITAL Hit New Highs
Wellcell files HKEX next-day disclosure return reporting 796 million new shares issued at HKD 0.24
WellCell completes HK$0.24 top-up placement, raising HK$187.95 million net proceeds
WellCell Launches Major Share Placing and Top-Up Subscription at HK$0.24
WellCell Holdings shareholder places up to 796,000,000 shares at HK$ 0.24 each