0489.HK up 8.55% pre-market 03 Jan 2026: oversold bounce signals tactical setup
0489.HK (Dongfeng Motor Group Company Limited) rose 8.55% pre-market to HKD 5.97 on 03 Jan 2026, driven by heavy volume and a rebound from the day low of HKD 5.20. The move fits an oversold bounce pattern after a sharp prior pullback; volume at 241,126,605 shares is 3.54x the 50-day average, which supports a short-term recoil trade while fundamentals remain mixed.
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