What caused the sharp drop in 2479.HK stock pre-market?

The fall to **HK$65.00** was driven by elevated volume (40,900) and short-term liquidation amid sector rotation. High valuation (PE **80.25x**) made the stock vulnerable to forced selling and quick profit-taking.

Is this a buying opportunity for 2479.HK stock?

For short-term traders, an oversold bounce setup exists if price confirms a rebound above **HK$71.97** or posts a 15% intraday recovery. Long-term buyers should consider high valuation and negative free cash flow.

What are Meyka AI's price targets for 2479.HK stock?

Meyka AI's forecast model projects **HK$99.41** (one-year), a conservative near-term level **HK$70.00**, and long-term upside near **HK$140.61**. Forecasts are projections, not guarantees.

How should I size a trade on 2479.HK stock during an oversold bounce?

Use small position sizes with a stop under **HK$64.05**, limit portfolio exposure to roughly 1–2% risk per trade, and require volume confirmation for any re-entry to reduce downside risk.

HK Stocks

HK$65.00 for 2479.HK stock on 27 Feb 2026 pre-market: oversold bounce possible

ByHuzaifa Zahoor February 27, 2026

The 2479.HK stock opened pre-market at HK$65.00, down 17.04% from the prior close, setting up a classic oversold bounce scenario for traders in Hong Kong. Volume is elevated at 40,900 shares, nearly 3.47x average, signalling forced selling rather than steady selling. We outline why the move happened, how fundamentals and sector context matter, and what a disciplined oversold-bounce trade would look like in HKD on the HKSE.