Why did 8471.HK stock drop so sharply intraday?

The intraday drop to **HK$0.048** likely reflects heavy selling and low liquidity, not a public company announcement. Volume spiked to **62.26 million** shares, implying flow-driven pressure and oversold technicals.

What is Meyka AI’s view on 8471.HK stock?

Meyka AI rates 8471.HK **55.61/100 (C+, HOLD)**. The model highlights weak margins, low liquidity, but modest balance-sheet strength. This is informational and not investment advice.

What near-term levels should traders watch for 8471.HK stock?

Traders should watch **support HK$0.047**, resistance near the **50-day MA HK$0.10**, and intraday volume over **10.00 million** for confirming moves. Use tight risk limits in quick trades.

Does Meyka AI provide a price forecast for 8471.HK stock?

Yes. Meyka AI's forecast model projects a **yearly target HK$0.12** and a monthly estimate of **HK$0.01**. These are model outputs and not guarantees.

HK Stocks

8471.HK stock down 28.36% intraday on 27 Feb 2026: technical oversold signal

ByHuzaifa Zahoor February 27, 2026

We saw Reach New Holdings Limited (8471.HK) fall sharply in intraday trade on 27 Feb 2026. The stock traded at HK$0.048, down 28.36% from the previous close, with volume near 62.26 million shares. Intraday selling pushed the price to a day low HK$0.047 and hit the year low. We view this move as a liquidity-driven selloff in a small-cap apparel supplier listed on the HKSE in Hong Kong, and we break down the drivers, metrics, and short-term outlook.