Sign InBreakout Stocks of Week 23 @ HKEX
NASDAQ was up last week (week 22) by 2.40% ending at 26,976.35 points after gaining 632.38 points during the week. Our system has detected some possible breakout stocks for the following week and these should be on your watchlist. These are the stocks that are bouncing up with good increase in volume and are likely to do good in short term. One of these stocks are PCCW Limited HKEX:0008. This stock has had a buy signal since May 29, 2026 when the price was HK$5.69 , but have so far fallen 0% to HK$5.69. Some other companies are on our watchlist to, among these are Meituan Dianping HKEX:3690 Shanghai Pharmaceuticals Holding Co., Ltd. HKEX:2607 Sino Land Company Limited HKEX:0083 and Tsingtao Brewery Company Limited HKEX:0168 which all got a breakout pattern emerging.
| Date | Company | Price | Week 23 |
|---|---|---|---|
| Pccw Limited | HK$5.69 | HK$5.90 | 3.69% |
| Meituan Dianping | HK$73.45 | HK$79.95 | 8.85% |
| Shanghai Pharmaceuticals Holding Co., Ltd. | HK$11.35 | HK$11.55 | 1.76% |
| Sino Land Company Limited | HK$11.81 | HK$11.64 | -1.44% |
| Tsingtao Brewery Company Limited | HK$49.74 | HK$48.10 | -3.30% |
The PCCW Limited stock price gained 0.176% on the last trading day (Friday, 29th May 2026), rising from HK$5.68 to HK$5.69. During the last trading day the stock fluctuated 1.59% from a day low at HK$5.65 to a day high of HK$5.74. The price has been going up and down for this period, and there has been a -8.08% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 6 million more shares were traded than the day before. In total, 20 million shares were bought and sold for approximately HK$115.13 million.
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.
About PCCW Limited:
PCCW Limited provides telecommunications and related services in Hong Kong, Mainland and other parts of China, Singapore, and internationally. The company's services include local telephony, local data and broadband, mobile, international telecommunications, and satellite-based and network-based telecommunications services; and outsourcing, consulting, and contact center services. It also provides technical support, electronics and communications engineering, and products and solutions, as well as free television, pay television program, and interactive multimedia services; sells advertising in various telephone directories and on the Internet; publishes directories; and sells mobile handsets and accessories. In addition, the company offers broadcasting and related services, management and engineering support services, customer relationship management and customer contact management solutions, and media content services; and over-the-top video services under the Viu brand, as well as sells customer premises equipment and related solutions. Further, it engages in the sale, distribution, and marketing of telecommunication products and services; supply of broadband internet access solutions and web services; provision of data services; software development, systems integration, consulting, and informatization activities; computer facilities management; the provision of computer and IP/IT related value-added services to business customers; and operates customer loyalty program and online merchandise sales. Additionally, the company offers IT and business process outsourcing, fintech, e-Commerce, big data analytics, managed, digital, cloud, and IoT solutions. PCCW Limited was founded in 1925 and is headquartered in Quarry Bay, Hong Kong.
The Meituan Dianping stock price gained 0.205% on the last trading day (Friday, 29th May 2026), rising from HK$73.30 to HK$73.45. During the last trading day the stock fluctuated 5.18% from a day low at HK$72.35 to a day high of HK$76.10. The price has fallen in 8 of the last 10 days and is down by -14.29% for this period. Volume fell on the last day by -13 million shares and in total, 82 million shares were bought and sold for approximately HK$6.00 billion. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.
About Meituan Dianping:
Meituan operates an e-commerce platform for various services. It operates through Food Delivery; In-store, Hotel & Travel; and New Initiatives and Others segments. The Food delivery segment provides consumers place orders of food prepared by merchants. The In-store, Hotel & Travel segment offers consumers purchase local consumer services provided by merchants in numerous in-store categories or make reservations for hotels and attractions. The New Initiatives and Others segment sales goods from B2B food distribution services and Meituan grocery; and various businesses, such as Meituan Instashopping, community e-commerce, bike-sharing and electric mopeds, and micro-credit services. The company was formerly known as Meituan Dianping and changed its name to Meituan in October 2020. Meituan was founded in 2003 and is headquartered in Beijing, China.
The Shanghai Pharmaceuticals Holding Co., stock price gained 0.0882% on the last trading day (Friday, 29th May 2026), rising from HK$11.34 to HK$11.35. During the last trading day the stock fluctuated 2.47% from a day low at HK$11.32 to a day high of HK$11.60. The price has fallen in 7 of the last 10 days and is down by -5.26% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 million more shares were traded than the day before. In total, 4 million shares were bought and sold for approximately HK$48.86 million.
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.
About Shanghai Pharmaceuticals Holding Co., Ltd.:
Shanghai Pharmaceuticals Holding Co., Ltd., an investment holding company, researches, develops, manufactures, distributes, and retails pharmaceutical and healthcare products in the People's Republic of China. It operates through four segments: Production, Distribution, Retail, and Others. The company offers chemicals and biochemicals, Chinese medicines, healthcare products, and medical devices in various therapeutic areas, including oncology, cerebrocardiovascular, CNS, general infection, immunology, digestive and metabolism, and respiratory. It provides approximately 700 varieties of drugs. The company also engages in the provision of pharmaceutical distribution, warehousing, logistics, and other value-added pharmaceutical supply chain solutions and related services to pharmaceutical manufacturers and dispensers, such as hospitals, distributors, and retail pharmacies. In addition, it engages in the operation of a network of retail pharmacy stores; online drug business; and provision of consulting services, assets management operations, as well as clinical trials, medical aid, physicians and patients' education, e-prescription management, and remote and cloud hospitals. Further, the company manufactures and trades in medicines. It operates approximately 2,000 retail chain pharmacies in 24 provinces. The company was incorporated in 1994 and is headquartered in Shanghai, the People's Republic of China. Shanghai Pharmaceuticals Holding Co., Ltd. is a subsidiary of Shanghai Pharmaceutical (Group) Co., Ltd.
The Sino Land Company Limited stock price gained 1.11% on the last trading day (Friday, 29th May 2026), rising from HK$11.68 to HK$11.81. During the last trading day the stock fluctuated 2.59% from a day low at HK$11.57 to a day high of HK$11.87. The price has fallen in 7 of the last 10 days and is down by -7.08% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 35 million more shares were traded than the day before. In total, 45 million shares were bought and sold for approximately HK$536.05 million.
Sino Land Company Limited holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
About Sino Land Company Limited:
Sino Land Company Limited, an investment holding company, invests in, develops, manages, and trades in properties. It operates through six segments: Property Sales, Property Rental, Property Management and Other Services, Hotel Operations, Investments in Securities, and Financing. The company's property portfolio includes office, industrial, and residential buildings, as well as shopping malls, car parks, and hotels. It also provides cleaning, building construction and management, financing, administration, security, mortgage loan financing, secretarial, management, project management, securities investment, living, consultancy, and deposit placing services, as well as operates hotels. As of June 30, 2021, the company had a land bank of approximately 20.8 million square feet of attributable floor area in Mainland China, Hong Kong, Singapore, and Sydney. The company was incorporated in 1971 and is based in Tsim Sha Tsui, Hong Kong. Sino Land Company Limited is a subsidiary of Tsim Sha Tsui Properties Limited.
The Tsingtao Brewery Company Limited stock price gained 0.89% on the last trading day (Friday, 29th May 2026), rising from HK$49.30 to HK$49.74. During the last trading day the stock fluctuated 3.23% from a day low at HK$48.92 to a day high of HK$50.50. The price has fallen in 6 of the last 10 days and is down by -5.8% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 5 million shares were bought and sold for approximately HK$248.93 million.
Tsingtao Brewery Company Limited holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Despite these candidates are looking good from a technical perspective they may not perform as expected. You should always be cautious when trading and base your decisions on more than one source of information. This does not constitute an offer or recommendation to buy or sell securities.
GOLDEN STAR
| Ticker | Change | Signal Date |
|---|---|---|
TPR
$140.47
|
0.306% | Jun 04 |
|
N
NVRI
$19.53
|
1.79% | May 20 |
RUN
$12.83
|
4.91% | May 06 |
GLBE
$31.61
|
1.71% | May 05 |
SAP
$172.39
|
5.53% | May 05 |
