1632.HK up 17% premarket HKSE: Minshang Creative at HK$0.096, watch breakout

1632.HK up 17% premarket HKSE: Minshang Creative at HK$0.096, watch breakout

The 1632.HK stock jumped 17.07% in pre-market trade on the HKSE to HK$0.096, up from a previous close of HK$0.082. This move follows thin reported volume and comes while the company shows weak earnings metrics: EPS -0.06 and PE -1.6. Traders should note the low liquidity (reported volume 0) versus an average volume of 35,225 shares and weigh technical momentum against stretched fundamentals in Hong Kong currency (HKD).

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