--- title: "Weekly Recap | 1729.HK -11.85%, consensus target nearly 90% above spot" type: "News" locale: "en" url: "https://longbridge.com/en/news/296674136.md" description: "Time Interconnect Technology (1729.HK) fell 11.85% this week to close at HK$15.25, significantly underperforming the Hang Seng Index which gained 2.19%. The stock opened Monday (17 Aug) at HK$17.20 and briefly touched a weekly high of HK$17.68 before retreating to HK$16.93. A sharp sell-off followed on Tuesday (18 Aug), with the price sliding to a low of HK$14.85 before settling at HK$15.00. The remaining two sessions saw a stabilisation in a narrow HK$14.88–15." datetime: "2026-08-22T06:51:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296674136.md) - [en](https://longbridge.com/en/news/296674136.md) - [zh-HK](https://longbridge.com/zh-HK/news/296674136.md) generator: "portal-rs" --- # Weekly Recap | 1729.HK -11.85%, consensus target nearly 90% above spot ## The Week Time Interconnect Technology (1729.HK) fell 11.85% this week to close at HK$15.25, significantly underperforming the Hang Seng Index which gained 2.19%. The stock opened Monday (17 Aug) at HK$17.20 and briefly touched a weekly high of HK$17.68 before retreating to HK$16.93. A sharp sell-off followed on Tuesday (18 Aug), with the price sliding to a low of HK$14.85 before settling at HK$15.00. The remaining two sessions saw a stabilisation in a narrow HK$14.88–15.70 band, with volumes tapering off. Weekly amplitude reached 16.45%, and average daily volume of 13.2m shares sat roughly 16% below the 60-day median. ## Key Events The week centred on two developments. On Monday (17 Aug), the company announced a board meeting to review interim results for fiscal 2026, setting expectations for the upcoming earnings release. Also on Monday and Wednesday (19 Aug), the company filed next-day disclosure returns with the HKEX, reporting the issuance of 5,001 new shares at HK$1.51 each under employee share option exercises. The dilution is negligible, reflecting routine execution of incentive schemes rather than any shift in capital structure. ## Analyst Ratings All three analysts covering the stock rate it positively: two at buy and one at overweight. The consensus rating is strong buy, with a consensus target price of HK$28.75, implying an 88.5% upside from the latest close. Target prices range narrowly from HK$25.00 to HK$32.50, suggesting a solid consensus on the direction of value recovery. The stock ranks 6th out of 12 peers in the electrical components and equipment industry. ## The Week Ahead The key date is Friday, 28 August, when the company reports its fiscal 2026 first-half results. The stock had rallied from a July low of HK$11.95 to HK$17.30 before this week’s pullback, so the actual earnings versus market expectations will be a critical test of the recovery narrative. Any further share option exercises and their pace are also worth monitoring. ## In Short Time Interconnect gave back 11.85% this week without any obvious negative catalyst, yet the analyst community remains unanimously positive, with all three brokers rating it buy or overweight and a consensus target nearly 90% above spot. At a P/E of ~43x and P/B of 12x, the stock still commands a growth premium. The latest session’s fund flow shows a split: retail and mid-sized orders were net buyers, while large-lot orders turned net sellers, signalling disagreement at current levels. The half-year report will be the next real test of whether the fundamentals can back the brokers’ conviction. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [01729.HK](https://longbridge.com/en/quote/01729.HK.md) ## Related News & Research - [TIME INTERCON Interim Net Profit Surges 163.5% YoY to HKD828 million; Interim DPS HKD0.06](https://longbridge.com/en/news/297431967.md) - [Time Interconnect Technology schedules board meeting to review interim results](https://longbridge.com/en/news/296076748.md) - [Launch Tech delays EGM circular dispatch to Sept. 15, pushing back shareholder vote on annual cap revisions](https://longbridge.com/en/news/298310330.md) - [WuXi AppTec files HKEX next-day disclosure return, issues 875,080 H shares on convertible bond conversion](https://longbridge.com/en/news/298423295.md) - [Elon Musk Says Anthropic’s 15% US GDP Growth Scenario Will 'Certainly Be True’ Once Humanoid Robots Reach Volume Production](https://longbridge.com/en/news/298554997.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**