What makes 1381.HK stock an oversold bounce candidate?

Heavy pre-market volume (11,603,749) and price near short-term averages suggest short-covering and quick buying interest. Technicals show support around HK$4.87 and the 50-day average at HK$4.80, creating a classic bounce entry for active traders.

What are the key valuation metrics for 1381.HK stock?

Canvest trades at PE **12.84**, PB **1.20**, EPS **HK$0.38**, and market cap **HK$11.86B**. These figures point to moderate valuation relative to steady waste-to-energy cash flows but reflect leverage and working capital pressure.

What price targets does Meyka AI assign to 1381.HK stock?

Meyka AI's forecast model projects **HK$5.80** in 12 months (implied +18.81%) and **HK$7.08** in three years (implied +45.00%). Forecasts are model-based projections and not guarantees.

How should traders manage risk for an oversold bounce in 1381.HK stock?

Use a tight stop-loss near HK$4.70, scale into strength above HK$4.95, and book partial profits at HK$5.20. Monitor receivables, liquidity ratios, and upcoming earnings for signs the bounce lacks fundamental support.

HK Stocks

Pre-market 09 Jan 2026: 1381.HK Canvest HK$4.88 oversold bounce to HK$5.80

ByHuzaifa Zahoor January 9, 2026January 9, 2026

1381.HK stock opened pre-market at HK$4.88, offering a clear oversold bounce setup for Hong Kong traders in the waste management sector. Volume is elevated at 11,603,749 shares versus an average of 4,581,259, signalling short-term buying interest ahead of regular trading. The stock trades on the HKSE and sits near its year high HK$4.89 and year low HK$3.92, creating a tight technical band. This article examines valuation, trading signals, risks, and a near-term HK$5.80 price target that frames the upside case.