0707.HK Asia Television (HKSE) HK$0.06 30 Jan 2026 pre-market: oversold bounce to watch
The 0707.HK stock is trading at HK$0.06 pre-market on 30 Jan 2026 after a short rebound from the recent low. Volume is elevated at 1,208,000.00 shares, above the average of 886,818.00, suggesting an oversold bounce rather than a quiet dip. We focus on immediate technical triggers, the weak but improving fundamentals, and near-term price targets to frame a tactical trade in Hong Kong (HKSE) listed Asia Television Holdings Limited.
0707.HK stock: pre-market price action and volume
Asia Television Holdings (0707.HK) opened at HK$0.06 with a +5.26% change from the previous close of HK$0.057. The intraday range shows a low of HK$0.059 and a high of HK$0.06, with volume at 1,208,000.00 shares versus an average volume of 886,818.00. Elevated volume with a small price move fits an early oversold bounce pattern traders watch before stronger follow-through.
0707.HK stock: fundamentals and financial ratios
Asia Television Holdings reports an EPS of -0.10 and a PE of -0.60, reflecting losses and negative earnings multiples. Market cap stands at HKD 133,729,572.00 and shares outstanding at 2,228,826,200.00, leaving the equity float thin relative to enterprise value of HKD 478,063,946.12. Key metrics show a price to sales ratio of 1.50 and a troubling current ratio of 0.08, signalling liquidity pressure despite diversified business lines across fabrics, media, lending and brokerage.
0707.HK stock: technicals and the oversold bounce setup
Price sits below the 200-day average of HK$0.08 and close to the 50-day average of HK$0.06, marking a depressed trend. Short-term indicators show a rebound from the year low of HK$0.039, and volume spike of 1,208,000.00 supports a mean-reversion trade. Traders seeking an oversold bounce should look for a close above HK$0.065 on follow-through volume as confirmation.
0707.HK stock: risks, catalysts and sector context
The Consumer Cyclical sector in Hong Kong has shown mixed 1M performance of 2.63%, but Asia Television carries higher operational risk. Negative margins (gross margin about -29.75%) and weak cash on hand (HKD 0.00 0.00) increase downside. Catalysts that could help the stock include a better-than-expected earnings update on 2026-03-30, asset monetisation, or a reduction of working capital strain.
0707.HK stock: Meyka AI grade and valuation
Meyka AI rates 0707.HK with a score out of 100: 61.03 | Grade B | Suggestion: HOLD. This grade factors S&P 500 and sector comparisons, financial growth, key metrics, forecasts, and analyst consensus. The grade highlights stabilising net income growth of 9.28% year-on-year, but weak liquidity and negative book value per share of -0.56 limit a stronger rating.
0707.HK stock: trading strategy and price targets
For an oversold bounce strategy, consider a staged entry on a confirmed close above HK$0.065 with stop loss under HK$0.055. Meyka AI’s tactical price targets are a base case HK$0.08, a conservative bear target HK$0.05, and a bull target HK$0.12 tied to improved cash flow or asset sales. Position size should be small given volatility and low liquidity on the HKSE.
Final Thoughts
Key takeaways for the 0707.HK stock on 30 Jan 2026: the stock trades at HK$0.06 pre-market with elevated volume of 1,208,000.00, consistent with an oversold bounce setup. Fundamentals are weak—EPS -0.10, PE -0.60, current ratio 0.08—so any long exposure should be tactical and size-limited. Meyka AI’s forecast model projects a base target of HK$0.08, implying an upside of 33.33% from HK$0.06, and a bull target of HK$0.12 (+100.00%). A downside case to HK$0.05 implies –16.67%. Forecasts are model-based projections and not guarantees. For more live updates and order-level signals use Meyka AI’s real-time tools and the dedicated 0707.HK stock page at Meyka 0707.HK. Always weigh sector trends, upcoming earnings on 2026-03-30, and liquidity before trading on the HKSE in HKD.
FAQs
What is driving the recent move in 0707.HK stock?
The pre-market move to HK$0.06 is driven by a volume spike of 1,208,000.00 shares and a short-term rebound from the year low. The action fits an oversold bounce pattern amid thin liquidity on the HKSE.
What are sensible price targets for 0707.HK stock?
Meyka AI’s tactical targets are HK$0.05 (bear), HK$0.08 (base), and HK$0.12 (bull). The base target implies 33.33% upside from HK$0.06. These are model-based projections and not guarantees.
How does Meyka AI rate 0707.HK?
Meyka AI rates 0707.HK 61.03 out of 100 (Grade B, Suggestion: HOLD). The grade weighs sector, financial growth, key metrics, forecasts and analyst signals and is for informational purposes only.
What risk controls should traders use on this oversold bounce?
Use a tight stop under HK$0.055, limit position size, and confirm a daily close above HK$0.065 on above-average volume. Watch liquidity and upcoming earnings on 2026-03-30.
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.
