Sunkwan 6900.HK HKSE closed at HKD 0.013 on 16 Jan 2026: Oversold bounce setup
The 6900.HK stock closed on the HKSE at HKD 0.013 on 16 Jan 2026, marking a low-price, high-volatility setup. Volume reached 4,172,000 shares and the intraday range was HKD 0.012–0.014. The price sits near the 50- and 200-day averages at HKD 0.013, signalling a potential oversold bounce for short-term traders in Hong Kong.
Market snapshot: 6900.HK stock price and volume
Sunkwan Properties Group Limited (6900.HK) closed on the HKSE at HKD 0.013. Day low was HKD 0.012 and day high HKD 0.014. Year range is HKD 0.012–0.041. Market capitalisation stands at HKD 26,948,220.00 with 2,072,940,000 shares outstanding. Trading interest is concentrated; average volume data is not reported, but today’s 4,172,000 share print shows short-term activity.
Why the 6900.HK stock looks oversold
Price decline has been steep: year-to-date change is -62.86% and one-year change is -65.79%. The stock’s 3‑month move is -61.76%, signalling heavy selling pressure. Low float and wide swings create rapid oversold conditions. Near-term mean reversion is common for micro-cap real estate names after such drops, offering a bounce opportunity for disciplined traders.
Fundamentals and risks | 6900.HK stock analysis
Fundamentals are mixed. TTM revenue per share is 1.46, book value per share 1.94, and cash per share 0.12. EPS is -0.91, and reported P/E is negative. Key ratios show a low price‑to‑book at 0.05, and free cash flow yield near 16.00%. High leverage metrics produce risk: debt to equity is 20.43 and interest coverage is negative. These figures explain valuation stress and support the oversold classification.
Meyka AI grade and technical read for 6900.HK stock
Meyka AI rates 6900.HK with a score out of 100: 59.39 | Grade C+ | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Technicals show price near short-term support at HKD 0.012 and mean at HKD 0.013. Momentum indicators are muted, making a short-term rebound likely if volume expands above 5,000,000 shares.
Price targets and 6900.HK stock forecast
Analyst-style scenario targets for traders: conservative HKD 0.02 (upside 53.85%), base HKD 0.05 (upside 284.62%), and bull HKD 0.33 aligned with model output. Meyka AI’s forecast model projects HKD 0.33 yearly, implying an upside of 2,440.04% versus the current HKD 0.013. Forecasts are model projections and not guarantees. Use tight risk controls around stop-loss levels near HKD 0.012.
Sector context and catalysts for 6900.HK stock
Sunkwan operates in Real Estate – Development. Hong Kong real estate peers trade at average P/E 17.05 and PB 0.77. Sector flows can swing sentiment quickly. Potential catalysts include better cash flow reports, asset sales, or improved leasing updates. Negative catalysts include higher funding costs or missed guidance, which could push prices below the HKD 0.012 support.
Final Thoughts
6900.HK stock offers a classic oversold bounce setup after closing at HKD 0.013 on 16 Jan 2026. Fundamentals show cash cushions and book value support, but earnings remain negative with EPS -0.91 and volatile leverage metrics. Our scenario targets give a short-term reactive trade at HKD 0.02 and a structural recovery case to HKD 0.33 per Meyka AI’s forecast model, implying 2,440.04% upside from today’s price. Traders should prioritise volume-confirmed moves and strict stops. Remember, Meyka AI provides data-driven analysis as an AI-powered market analysis platform, not investment advice. Forecasts are model-based projections and not guarantees.
FAQs
What makes 6900.HK stock an oversold bounce candidate?
6900.HK stock shows deep recent declines (YTD -62.86%) and price near the 50/200-day averages at HKD 0.013. High intraday volume spikes and low floating valuation commonly precede short-term rebounds.
How does the Meyka AI forecast view 6900.HK stock?
Meyka AI’s forecast model projects HKD 0.33 yearly for 6900.HK stock. That implies a large modelled upside versus the current price. Forecasts are model outputs and are not guarantees.
What are short-term trade levels for 6900.HK stock?
Key levels: support at HKD 0.012, immediate resistance HKD 0.014, conservative target HKD 0.02, stop-loss near HKD 0.012. Size positions carefully due to low price and volatility.
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.
