{"ticker": {"uuid": "9ce6ee3e-3b05-4b55-bdf1-1c2773a0802a", "symbol": "0846", "name": "Mingfa Group (International) Company Limited", "exchange": "HKG", "asset_type": "equity"}, "latest_week": "2026-06-12", "summary": "0846 closed the latest completed week at 0.09 HKD. The 4-week return is -1.1% and the 12-week return is -15.0%. Trend Signal is inactive, Market Dynamics is -1.07.", "description": "Mingfa Group (International) Company Limited, an investment holding company, engages in the property development and leasing. It also does hotel management businesses in the People's Republic of China. It operates through Property Development, Hotel, and Property Investment and Management segments. The Property Development segment develops commercial and residential real estate properties. The Hotel segment operates hotels. The Property Investment and Management segment invests in properties; and provides management and security services to residential, hotel, and commercial properties. It engages in the manufacture and sale of furniture; trade of construction materials; and provision of sports services, as well as consultancy services. Group (International) Company Limited was founded in 1994 and is headquartered in Tsuen Wan, Hong Kong. Mingfa Group (International) Company Limited is a subsidiary of Galaxy Earnest Limited.", "setup_signature": "Risk-first tape", "composite_score": "17", "kpis": [{"label": "Latest Close", "value": "0.09 HKD", "hint": "2026-06-12"}, {"label": "1W Return", "value": "2.2%", "tone": "positive", "hint": "latest completed week"}, {"label": "4W Return", "value": "-1.1%", "tone": "negative", "hint": "short-term follow-through"}, {"label": "12W Return", "value": "-15.0%", "tone": "negative", "hint": "quarterly tape"}, {"label": "Trend Breadth", "value": "26.9%", "hint": "14 of 52 weeks active"}, {"label": "Volume Ratio", "value": "0.6x", "hint": "vs 13-week average"}], "classification": {"exchange": "HKG", "country": "HK", "sector": "Real Estate", "industry": "Real Estate - Development", "currency": "HKD", "market_cap": "597.2M"}, "price": {"trend_line": "0.11 HKD", "fair_value": "0.17 HKD", "vs_trend": "-13.9%", "vs_fair_value": "-47.1%", "high_52": "0.18 HKD", "low_52": "0.07 HKD", "drawdown": "-49.4%", "range_position": "18.3%"}, "momentum": {"returns": [{"label": "1W", "value": 2.247191011235957, "value_label": "2.2%", "tone": "positive", "width": 6.420545746388448}, {"label": "4W", "value": -1.0869565217391315, "value_label": "-1.1%", "tone": "negative", "width": 4}, {"label": "12W", "value": -14.953271028037385, "value_label": "-15.0%", "tone": "negative", "width": 42.723631508678245}, {"label": "26W", "value": -13.333333333333334, "value_label": "-13.3%", "tone": "negative", "width": 38.0952380952381}, {"label": "52W", "value": 7.058823529411754, "value_label": "7.1%", "tone": "positive", "width": 20.168067226890727}], "trend_streak": 0, "active_weeks": 14, "active_breadth": "26.9%", "peer": {"scope": "HK Real Estate", "count": 249, "rank": 47, "percentile": 81.4516129032258, "avg_weekly_return": -1.394328138914688}}, "setup": {"scores": [{"label": "Trend", "value": 14.807692307692308, "value_label": "15", "width": 14.807692307692308, "tone": "negative", "description": "Persistence of active Trend Signal over the last year and current streak."}, {"label": "Momentum", "value": 34.04205607476635, "value_label": "34", "width": 34.04205607476635, "tone": "neutral", "description": "Blend of 4-week and 12-week follow-through."}, {"label": "Dynamics", "value": 29.74889084086386, "value_label": "30", "width": 29.74889084086386, "tone": "negative", "description": "Latest Market Dynamics and whether pressure has improved over four weeks."}, {"label": "Relative Strength", "value": 0, "value_label": "0", "width": 4, "tone": "negative", "description": "Relative leadership and short-term RS change."}, {"label": "Volume", "value": 23.35306553911205, "value_label": "23", "width": 23.35306553911205, "tone": "negative", "description": "Participation compared with the 13-week volume baseline."}, {"label": "Risk Control", "value": 0, "value_label": "0", "width": 4, "tone": "negative", "description": "Drawdown and recent weekly volatility pressure."}], 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"/terminal/2d47538b-1326-44e5-bde1-e148dd41dc42/report/", "weekly_return": 30.0, "weekly_return_label": "30.0%", "weekly_return_tone": "positive", "four_week_return": 71.05263157894738, "four_week_return_label": "71.1%", "four_week_return_tone": "positive", "twelve_week_return": 75.67567567567569, "twelve_week_return_label": "75.7%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 41329, "symbol": "1622", "name": "Redco Properties Group Limited", "exchange": "HKG", "url": "/terminal/a6c7d628-4dfa-4ea9-b1c2-77cb8ba4111b/report/", "weekly_return": 1.463414634146343, "weekly_return_label": "1.5%", "weekly_return_tone": "positive", "four_week_return": 59.999999999999986, "four_week_return_label": "60.0%", "four_week_return_tone": "positive", "twelve_week_return": 30.817610062893074, "twelve_week_return_label": "30.8%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": true}, {"id": 40036, "symbol": "0627", "name": "Vision Synergy Holdings Limited", "exchange": "HKG", "url": "/terminal/c39e502c-1c56-4962-ab61-cc69a01f272b/report/", "weekly_return": -9.333333333333327, "weekly_return_label": "-9.3%", "weekly_return_tone": "negative", "four_week_return": 52.80898876404495, "four_week_return_label": "52.8%", "four_week_return_tone": "positive", "twelve_week_return": 51.11111111111112, "twelve_week_return_label": "51.1%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": true}, {"id": 39801, "symbol": "0456", "name": "New City Development Group Limited", "exchange": "HKG", "url": "/terminal/6647861b-20b9-4ea5-a9be-214782cd405b/report/", "weekly_return": 0.0, "weekly_return_label": "0.0%", "weekly_return_tone": "neutral", "four_week_return": 30.000000000000004, "four_week_return_label": "30.0%", "four_week_return_tone": "positive", "twelve_week_return": 62.5, "twelve_week_return_label": "62.5%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}]}}, "dynamics": {"market_dynamics": "-1.07", "market_dynamics_tone": "negative", "md_4_change": "-12.2%", "relative_strength": "-21.38", "rs_4_change": "13.7%", "expectation": "Negative", "expectation_probability": "34.27%"}, "volume": {"latest": "263.0K", "average_13": "473.0K", "average_52": "476.3K", "ratio_13": "0.6x", "ratio_52": "0.6x"}, "risk": {"volatility_13": "4.4%", "volatility_52": "9.6%", "downside_weeks": 26, "upside_weeks": 20, "downside_breadth": "50.0%", "average_gain": "9.5%", "average_loss": "-6.1%"}, "signals": [{"label": "Trend Signal", "value": "Inactive", "tone": "negative"}, {"label": "Market Dynamics", "value": "No fresh buy", "tone": "neutral"}, {"label": "Price vs Trend", "value": "-13.9%", "tone": "negative"}, {"label": "Volume", "value": "0.6x", "tone": "neutral"}], "opportunities": ["No strong opportunity cluster is confirmed yet; monitor trend and Market Dynamics."], "risks": ["Trend Signal is inactive, so price action has not confirmed a constructive regime.", "Price is below the Trend Line, which keeps downside pressure in focus.", "Price is below Fair Value, so the market is still discounting the latest tape.", "Market Dynamics is negative, which weakens the current setup.", "The share remains more than 20% below its 52-week high."], "watch_points": ["Trend Line remains the key weekly regime level.", "Market Dynamics is the pressure gauge to monitor for confirmation or fade.", "A volume ratio above 1.5x would show stronger participation in the next move."], "recent_rows": [{"week": "2026-06-12", "close": "0.09 HKD", "weekly_return": 2.247191011235957, "weekly_return_label": "2.2%", "weekly_return_tone": "positive", "trend_line": "0.11 HKD", "fair_value": "0.17 HKD", "market_dynamics": "-1.07", "relative_strength": "-21.38", "volume": "263.0K", "trend_signal": "Off"}, {"week": "2026-06-05", "close": "0.09 HKD", "weekly_return": 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