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Market X-Ray report · 20 October 2026

Ajisen China Holdings Ltd (0538)

Hong Kong Stock Exchange · Hong Kong · prices in HKD · close of 20 Oct 2026

Key indicators

Last closeHKD 0.790
52-week range0.759 – 0.961
Return, 1 month / 3 months−1.2% / −6.0%
Return, 1 year / 3 years−15.3% / +15.3%
TrendBelow its 200-day average
RSI (14)44
Volatility (1 year)23.5%
Worst drawdown (1 year)-18.3%
Average daily value traded0.54M HKD
Dividend yield10.0%

Market X-Ray price-based

69/ 100 · High confidence · ahead of 83% of stocks on this exchange
Trend67
Momentum51
Stability (higher is calmer)94
Liquidity56
Income75

Five-year price chart navy: price · brown: 200-day average

0.420.570.730.881.042021-102023-012024-042025-072026-10

About the company

Ajisen China Holdings runs a chain of casual restaurants serving Japanese-style ramen, rice dishes and side items, mainly in mainland China and Hong Kong. Its outlets operate under the Ajisen Ramen brand, with many locations in shopping centres and busy urban districts, and the group also supplies food ingredients and supports franchise partners. The company is based in Hong Kong and serves everyday diners looking for quick, affordable meals.

Ajisen China Holdings Ltd trades under the code 0538 on the Hong Kong Stock Exchange in Hong Kong, with its price quoted in Hong Kong dollars (HKD). Our dividend records, which start in 2019, show payments in 8 different calendar years. The Market X-Ray on this page is price-based and compares it with other stocks on the same exchange; it does not measure how healthy the business is.

Summary

Ajisen China Holdings Ltd (0538) trades on the Hong Kong Stock Exchange in Hong Kong. It last closed at HKD 0.790 on 20 October 2026.

Its price-based Market X-Ray is 69 out of 100 (a fair price profile), ranking 433 of 2,611 stocks on this exchange. The score describes how the stock has traded: trend, momentum, risk, liquidity and dividends, each ranked against the other stocks on its own exchange. It does not measure how healthy or cheap the business is.

Over the last year the price fell 15.3% and over the last three months it fell 6.0%. Returns are price returns, dividends not included.

Fundamental measures (valuation, growth, financial health) are not shown: we do not yet hold financial statements for this market.

stocksxray.com · page 1
XStocksXray
Ajisen China Holdings Ltd (0538)

The five lenses in numbers each metric is ranked against the other stocks on Hong Kong Stock Exchange

Lens and metricValueScoreReading
Trend67 · FairMixed trend against its averages.
Above 200-day average-5.6%
From 52-week high-17.0%
Momentum51 · FairTypical recent returns for this exchange.
3-month return-6.0%
6-month return-12.8%
12-month return, skipping the last month-14.3%
Stability (higher is calmer)94 · StrongCalmer than most: low volatility and shallow drawdowns.
Volatility, 1 year (lower is calmer)23.5%
Worst drawdown, 1 year (smaller is calmer)-18.3%
Liquidity56 · FairModerate trading activity.
Average daily value traded0.54M HKD
Zero-volume days0.0%
Income75 · StrongDividend is high and has been paid regularly.
Dividend yield10.0%
Years with dividends5

Strengths

  • Stability (higher is calmer): Calmer than most: low volatility and shallow drawdowns.
  • Income: Dividend is high and has been paid regularly.

Weak spots

No lens is weak against its exchange.

Returns

1 week−1.2%
1 month−1.2%
3 months−6.0%
6 months−12.8%
1 year−15.3%
3 years+15.3%
5 years–

Signals

50-day / 200-day average0.799 / 0.837
Golden / death cross (60 days)None
New 52-week highNo
Bullish RSI divergenceNo
Average daily range (ATR)0.013

Technical summary

DailyStrongly bearish1 bullish · 3 neutral · 12 bearish
WeeklyStrongly bearish1 bullish · 1 neutral · 10 bearish
MonthlyBearish2 bullish · 1 neutral · 5 bearish

Recent dividends

Ex-dividend dateAmount per share
25 Jun 2026HKD 0.0791
23 May 2025HKD 0.0640
18 Jun 2024HKD 0.0860
12 Jun 2023HKD 0.0680
25 May 2022HKD 0.0980
21 Sep 2021HKD 0.0240

How to read this report

Every number comes from end-of-day prices and dividends. The Market X-Ray describes how the stock has traded, ranked against the other stocks on Hong Kong Stock Exchange; it does not measure how healthy or cheap the business is. The fundamental X-Ray (financial health, valuation, growth) needs financial statements, which we hold today for US stocks. See the methodology page. Educational only, not financial advice.

stocksxray.com · page 2 · generated 21 Oct 2026