What drove the oversold bounce in 6122.HK stock today?

6122.HK stock rose intraday to HK$0.55 on heavy volume of 12,851,000.00 shares, signalling short-covering and value-buying after an extended decline. The volume spike and move off the day low support a short-term oversold bounce thesis.

How does valuation look for 6122.HK stock compared with peers?

6122.HK stock trades at a price-to-book near 0.11, well below the Financial Services sector PB of 0.97, indicating deep balance-sheet valuation but weak profitability that needs improvement to re-rate.

What price targets should traders watch for 6122.HK stock?

Short-term resistance sits at HK$0.55 and a tactical target is HK$0.60. Meyka AI's model projects HK$0.60 as a base case with upside of about 46.34% versus the current HK$0.41; forecasts are not guarantees.

What is Meyka AI’s view and grade for 6122.HK stock?

Meyka AI rates 6122.HK with a score out of 100: 67.81, Grade B, Suggestion HOLD. This grade combines benchmark, sector, financial growth, metrics and analyst consensus; it is informational and not investment advice.

HK Stocks

6122.HK stock closes HK$0.41 on HKSE after oversold bounce: watch HK$0.55 resistance

ByDanny Kontos February 3, 2026

The market closed in Hong Kong on 03 Feb 2026 with Jilin Jiutai Rural Commercial Bank (6122.HK) finishing at HK$0.41, marking an oversold bounce after trading as high as HK$0.55 intraday. 6122.HK stock saw heavy turnover today with 12,851,000.00 shares traded versus an average of 932,094.00, giving a clear short-term recovery signal on the HKSE. Traders should note the stock is still below its 200-day average (HK$0.78), so the bounce may be short lived without confirming catalysts.