BBSB INTL

8610.HK opened higher and rallied in the morning session, closing up 5.17% at HKD 0.610, driven by the signing of a MOU with a DPS Resources unit for a Malaysia data center project, coupled with positive signals from FY26 H1 net profit soaring 52.86% to RM 4.89 million. The stock climbed from its intraday low of HKD 0.580 to a high of HKD 0.610, with a narrow range of HKD 0.030 and thin volume of 32,000 shares (turnover rate 0.01%). Despite the rebound, it remains 80.39% below its 52-week high of HKD 3.110, though it has reclaimed the MA20 (HKD 0.583) and MA60 (HKD 0.564); YTD is down 8.96%. However, revenue still fell 10.02% YoY, and operating profit dropped 50.95%, raising questions about the sustainability of the earnings recovery.

BBSB International opened lower and continued falling in the morning session, dropping from the previous close of HKD 0.570 to HKD 0.550, a decline of about 3.5%. The pullback came as market attention shifted from the recent MOU signing for a Malaysia data center project back to weak fundamentals: Q4 2025 revenue of HKD 70.396 million grew 28.1% YoY, but net profit of HKD 2.968 million plunged 75.75% YoY, with a net margin of only 4.22%. The stock at HKD 0.55 is 82.32% below its 52-week high of HKD 3.11, below both the MA20 (HKD 0.576) and MA60 (HKD 0.561), and has a YTD decline of 17.91%, indicating persistent weakness. However, the company has scheduled a board meeting to review interim results and a dividend proposal, which may provide a near-term catalyst.

BBSB International opened lower and continued to decline in the morning session, closing at HKD 0.560, down 3.4% from the previous close of 0.580, with an intraday low of 0.560 and high of 0.575. The company announced a board meeting to review interim results and dividend proposals, and signed an MOU with a DPS Resources unit on a Malaysia data center project, yet the market remained indifferent. In Q4 2025, revenue reached HKD 70.40 million, up 28.1% YoY, but net profit plunged 75.75% to just HKD 2.97 million, with a net profit margin of only 4.2%, signaling deteriorating profitability. The stock is 81.99% below its 52-week high of 3.11, down 16.42% YTD, and trades below both its MA20 (0.575) and MA60 (0.561), with thin volume of 16,000 shares, reflecting weak confidence in earnings recovery, though Q3 2025 revenue also grew 13.59% YoY, indicating continued business expansion.

BBSB INTL weakened in the afternoon session, closing 3.4% lower at HKD 0.570, driven by extremely thin trading—only 8,000 shares worth HKD 4,640—which dragged the price below its 20-day moving average of HKD 0.577. The stock slid from a morning high of HKD 0.590 to an afternoon low of HKD 0.570, currently 81.7% below its 52-week peak of HKD 3.11 and down 14.9% YTD. While Q4 revenue grew 28.1% YoY to HKD 70.4 million, net profit plunged 75.75% to HKD 2.97 million, with a net margin of just 4.2%. ROE of 11.2% offers some resilience, though the PE of 23.6x and PB of 2.7x remain elevated, and the stock has been consolidating on diminishing volume since listing.

8610.HK (BBSB International) staged an afternoon session rally, rebounding from its morning session opening at HKD 0.560 to hit an intraday high of HKD 0.585, closing up 4.46% with only 72,000 shares traded (turnover rate 0.01%). The stock reached its 52-week high of HKD 3.11 on January 12, 2026, then plunged to a low of HKD 0.49 on June 29, still 81.19% below its peak. Although the 20-day MA (HKD 0.574) has crossed above the 60-day MA (HKD 0.559), the YTD decline of 12.69% indicates persistent weakness. News-wise, the stock debuted at a 400% premium on its first day but has since corrected sharply, reflecting fading market enthusiasm. In Q4 2025, revenue grew 28.1% YoY to HKD 70.4 million, yet net profit slumped 75.75% YoY to HKD 2.97 million, with a net margin of only 4.22%, severely denting valuation recovery. Nonetheless, today's afternoon rebound above the 20-day MA suggests tentative support emerging at current levels.