Is 0976.HK stock a buy after the recent drop?

The stock may suit tactical traders seeking an oversold bounce, but our Meyka grade (60.38, B, HOLD) and a one-year forecast of HK$0.37 advise caution for long-term buyers. Wait for improved cash flow or a confirmed close above HK$0.46.

What are the near-term price targets for 0976.HK stock?

For a successful bounce, short-term targets are HK$0.55 and HK$0.60. Defensive stops should sit under HK$0.36. These targets depend on volume confirmation and sector tailwinds.

How does Chiho’s valuation compare with peers in Hong Kong Industrials?

Chiho trades at a low PB of 0.14 versus sector average PB around 0.48. That cheaper valuation reflects weaker margins and negative free cash flow, not necessarily an immediate value recovery.

What key metrics should investors watch for 0976.HK stock?

Monitor EPS, operating cash flow per share, interest coverage (currently 0.60), and scrap commodity prices. A move to positive free cash flow would materially improve the outlook.

HK Stocks

Chiho 0976.HK closed HK$0.43 05 Feb 2026: Oversold bounce possible after close

ByHuzaifa Zahoor February 5, 2026February 5, 2026

The 0976.HK stock (Chiho Environmental Group Limited) ended the session at HK$0.43 on 05 Feb 2026 after trading between HK$0.43 and HK$0.46. We see a classic oversold bounce setup: price sits below the 50-day average HK$0.46 and 200-day average HK$0.48, while volume ran at 678,000 shares. In Hong Kong’s HKSE market, this creates a short-term trade opportunity for rebound seekers, balanced by weak earnings and thin margins in the past year.