Is 1616.HK stock a buy after the 20% close on 27 Feb 2026?

The session looks like an oversold bounce. Short-term traders may trade it with tight stops. Long-term investors should wait for earnings improvement or clearer revenue growth before buying.

What are the key support and resistance levels for 1616.HK stock?

Immediate resistance sits near the year high **HK$0.08** and a tactical target **HK$0.12**. Support is around **HK$0.03**; a break below raises downside risk toward the year low **HK$0.01**.

How does Meyka AI view 1616.HK stock and its outlook?

Meyka AI rates 1616.HK **C+ (58.62)** with a HOLD suggestion. The model projects a yearly price **HK$0.05423**, and stresses this is a model projection, not a guarantee.

Which financial metrics matter most for 1616.HK stock?

Watch EPS (**-0.02**), PE (**-3.00**), PB (**0.69**), current ratio (**2.28**) and cash flow metrics. Improving margins or revenue per share would meaningfully change the outlook.

HK Stocks

Closed 20.00% higher to HK$0.06: 1616.HK A Metaverse Company HKSE shows oversold bounce

ByHuzaifa Zahoor February 27, 2026February 27, 2026

At market close in Hong Kong on 27 Feb 2026, 1616.HK stock (A Metaverse Company, HKSE) finished 20.00% higher at HK$0.06 on a heavy 129,596,000.00 share trade. The jump followed a rebound from an intra-day low of HK$0.05 and a session range of HK$0.047–HK$0.06. Volume spiked to roughly 6.62x the average, signaling a short-term oversold bounce. We examine whether this move offers a tactical entry or a short-lived pop for traders and investors in Hong Kong