1708.HK Nanjing Sample +50.88% on heavy volume (HKSE closed): outlook
1708.HK stock surged 50.88% to HK$0.43 on 27 Jan 2026 on an intraday volume spike of 753,500 shares, far above the 50-day average. The move closed the Hong Kong market session higher and reversed a multi-month downtrend against a low base. Traders focused on volume flow and technical breakouts, while fundamentals still show operating losses and stretched receivables. We analyse what pushed Nanjing Sample Technology Company Limited (1708.HK) on the HKSE and what to watch next for price and liquidity
Price action and volume: 1708.HK stock
The stock opened at HK$0.30 and hit a day high of HK$0.45 before closing at HK$0.43, a +50.88% gain versus the prior close of HK$0.29. Volume was 753,500 versus an average daily volume of 15,688, a roughly 48.03x surge, signalling strong intraday participation. This high-volume move is the primary reason 1708.HK stock made our high-volume movers list for the HKSE market closed session
Fundamentals snapshot: 1708.HK stock financials
Nanjing Sample Technology (1708.HK) shows mixed valuation metrics with market cap HK$225,591,699.00, EPS -0.59, and P/E -0.48. Price-to-book sits at 0.17 and price-to-sales at 0.52, indicating the market values assets cheaply relative to book value. Revenue per share is 0.49, but net income per share is negative at -0.53, so earnings remain a clear headwind for 1708.HK stock
Technical setup and momentum: 1708.HK stock
Momentum indicators show strength but caution. RSI is 68.02 and CCI is 331.99, which reads as overbought in the short term. ADX at 32.47 signals a strong trend. Short-term averages sit above the 50-day average HK$0.27, and the 200-day average is HK$0.30, so price cleared a key range. Traders should watch HK$0.45 as near-term resistance and HK$0.30 as immediate support for 1708.HK stock
Meyka AI rates 1708.HK with a score out of 100 and valuation view: 1708.HK stock
Meyka AI rates 1708.HK with a score out of 100: 62.90 (Grade B, Suggestion: HOLD). This grade factors S&P 500 and sector comparisons, financial growth, key metrics and analyst inputs. Key ratios influencing the grade include price-to-book 0.17, debt-to-equity 0.43, and negative ROE -34.68%, which combine cheap asset valuation with profitability risks for 1708.HK stock
Forecasts and outlook: 1708.HK stock forecast
Meyka AI’s forecast model projects a monthly price of HK$0.25 and a quarterly price of HK$0.17. Compared with the current HK$0.43, the monthly projection implies a downside of -41.86%, and the quarterly projection implies -60.47%. Forecasts are model-based projections and not guarantees, but they highlight the divergence between short-term trading momentum and medium-term earnings pressures for 1708.HK stock
Risks, catalysts and sector context for 1708.HK stock
Major risks include continued negative earnings, long receivables days outstanding at 508.06 days, and weak operating cash flow per share -0.10. Catalysts that could sustain the rally include contract wins in intelligent transport or smart-city projects and faster receivables collection. In the Technology sector, average P/E is 36.02 and average PB is 0.84, so 1708.HK stock trades cheaply on book but lags peers on profitability metrics
Final Thoughts
1708.HK stock produced a notable high-volume rally on 27 Jan 2026, closing at HK$0.43 on the HKSE with volume at 753,500 shares. The move shows genuine market interest, but fundamentals remain strained with EPS -0.59, negative margins and prolonged receivables at 508.06 days. Meyka AI rates 1708.HK 62.90 (B, HOLD) and flags valuation cheapness versus persistent earnings risk. Meyka AI’s forecast model projects HK$0.25 monthly and HK$0.17 quarterly, implying downside versus today’s price; these are model-based projections and not guarantees. For traders, the short-term setup is momentum-driven and technical levels HK$0.45 (resistance) and HK$0.30 (support) matter. For investors, monitor earnings, cash conversion improvement, and any official contract or order disclosures before changing a long-term stance. See company filings and notices for confirmation of material events source and market announcements on HKEX source. For a quick view of volume and live indicators, check the Meyka stock page for 1708.HK
FAQs
Why did 1708.HK stock spike on 27 Jan 2026?
1708.HK stock spiked on heavy trading volume of 753,500 shares, technical breakout above the 50-day average, and short-term momentum. There was no single public earnings release that day; traders reacted to volume and price action
Is 1708.HK stock a value buy after the rally?
1708.HK stock trades at low price-to-book 0.17, but negative EPS, weak cash flow and high receivables create risk. Consider fundamentals and liquidity before treating it as a value buy
What are realistic near-term price targets for 1708.HK stock?
Meyka AI’s model gives a monthly target of HK$0.25 and a quarterly target of HK$0.17. Traders should also watch technical resistance at HK$0.45 and support at HK$0.30
How does 1708.HK stock compare to the Technology sector?
1708.HK stock has a much lower PB 0.17 versus sector average 0.84, but far weaker profitability metrics and negative ROE. It is cheaper on book but riskier on earnings
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
