0708.HK China Evergrande NEV HKSE 26 Jan 2026: Oversold bounce targets HK$0.25

The 0708.HK stock is trading at HK$0.17 on 26 Jan 2026 after a heavy intraday volume spike of 162,856,795 shares, setting up a classic oversold bounce opportunity for intraday traders. The price sits above the day low HK$0.17 and below the 50-day average HK$0.18, with the 200-day average at HK$0.26. We see a high relative volume of 4.99x the average, which often precedes a short-term rebound in thin, beaten-down names. This note focuses on a disciplined oversold-bounce plan, risk controls, and model-based targets.