2163.HK Changsha Broad Homes HKSE at HK$0.60 22 Jan 2026: oversold bounce setup
The stock 2163.HK stock closed at HK$0.60 on 22 Jan 2026 after trading between HK$0.59 and HK$0.66, signalling an oversold bounce opportunity for short-term traders. Volume was 623,700.00 shares, nearly 2.59x average, showing greater intraday interest. We review price drivers, fundamentals and a practical short-term plan for Hong Kong investors.
2163.HK stock: market close snapshot
Change on the day was -4.76%, with a previous close of HK$0.63 and opening at HK$0.63. Market cap stood at HK$292,583,648.00 and shares outstanding were 487,639,413.00. The 50-day average price is HK$0.63 and the 200-day average is HK$0.80, placing the stock below longer-term trend lines.
Why an oversold bounce is plausible now
The stock fell 72.09% over 12 months to a one-year low of HK$0.40, creating oversold conditions relative to the year high of HK$2.29. High intraday volume at 623,700.00 versus average 240,920.00 suggests capitulation and short-covering potential. Short-term traders can seek a mean-reversion move toward the 50-day average of HK$0.63 to HK$0.80.
Fundamental snapshot and valuation metrics
Changsha Broad Homes Industrial Group (2163.HK) reported trailing EPS of -1.35 and a negative PE at -0.44, reflecting losses. Book value per share is HK$6.67 and PB ratio is 0.09, showing deep discount to book. Current ratio is 0.79, debt-to-equity is 1.31, and free cash flow per share is 0.77, highlighting liquidity pressure and leverage risks.
Technicals, liquidity and sector context
Price momentum is weak with the stock trading below the 50- and 200-day averages and a rel. volume of 2.59. The Industrials sector in Hong Kong shows moderate recovery versus broader markets, but 2163.HK lags peers. Receivables days are extended at 401.47 days, increasing working capital strain and volatility risk for a short-term bounce play.
Meyka AI rates 2163.HK with a score out of 100
Meyka AI rates 2163.HK with a score out of 100: 60.49 / 100 (Grade B, Suggestion: HOLD). This grade factors S&P 500 and sector comparison, financial growth, key metrics and analyst consensus. Investors should note this grade is informational and not investment advice.
Price targets, forecast and trading plan
Meyka AI’s forecast model projects a short-term bounce target of HK$0.85, implying 41.67% upside from the current HK$0.60, with downside support near HK$0.45 and resistance at HK$1.20. Forecasts are model-based projections and not guarantees. A disciplined entry at HK$0.60–0.65, stop-loss at HK$0.45, and partial profit-taking near HK$0.85 fits an oversold-bounce strategy.
Final Thoughts
Key takeaways: 2163.HK stock closed at HK$0.60 on 22 Jan 2026 on heavy volume, a setup consistent with an oversold bounce. Fundamentals show deep discount to book (PB 0.09) but negative EPS (-1.35) and stretched receivables increase risk. Meyka AI’s model projects a short-term target of HK$0.85 (implied upside 41.67%), while the firm grade is 60.49/100 (B, HOLD). For Hong Kong traders, treat any bounce as tactical. Use tight risk controls: suggested stop-loss HK$0.45 and scale out into strength. Remember forecasts are projections, not guarantees, and liquidity and leverage metrics warrant caution for longer-term investors. For real-time alerts and more data, see the Meyka AI stock page for 2163.HK and the company site.
FAQs
Is 2163.HK stock a buy after the recent drop?
Short-term traders may consider an oversold-bounce trade with entry near HK$0.60 and stop-loss at HK$0.45, but fundamental issues like EPS -1.35 and debt-to-equity 1.31 make it a higher-risk HOLD for long-term investors.
What are the main risks for 2163.HK?
Key risks are stretched receivables (401.47 days), low current ratio (0.79) and negative profitability. These raise liquidity and execution risks that can limit any sustained recovery despite a short-term bounce.
What is Meyka AI’s forecast for 2163.HK?
Meyka AI’s forecast model projects a short-term bounce to HK$0.85, implying 41.67% upside from HK$0.60. Forecasts are model-based projections and not guarantees.
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.
