HK$0.02 pre-market: 1101.HK China Huarong Energy HKSE 28 Jan 2026 Oversold bounce
The 1101.HK stock opened pre-market on 28 Jan 2026 at HK$0.02, trading near its year low of HK$0.02 after a 1-month decline of -13.04%. Volume of 477,700 shares shows below-average flow versus a 50-day average of 857,321. For traders seeking an oversold bounce, this setup merits tactical attention because price sits below the 50-day and 200-day averages, while fundamentals and cash metrics remain weak.
1101.HK stock: price action and trading context
China Huarong Energy (1101.HK) trades on the HKSE and opened pre-market at HK$0.02 on 28 Jan 2026. The stock is down -13.04% on the latest session and at its year low HK$0.02, with a day high of HK$0.024. Market cap is HK$95,409,824.00 and shares outstanding are 4,770,491,200.00.
Trading volume of 477,700 is roughly 0.56x the average volume, underlining limited liquidity. The price sits below the 50-day average HK$0.03 and 200-day average HK$0.03, consistent with an oversold short-term profile.
1101.HK stock: fundamentals and valuation snapshot
Earnings per share is -0.03 and reported PE is -0.67, reflecting losses and low market price. Price-to-sales is 1.03 and price-to-book is -0.01, signaling negative book value per share of -1.89. The current ratio is extremely low at 0.00, and operating cash flow per share is 0.00, indicating strained liquidity.
These metrics show a high-risk fundamental picture. Net income per share is -0.11, and enterprise value to sales is 48.63, a sign the market price is disconnected from reported enterprise metrics.
1101.HK stock: technicals that signal an oversold bounce
Price behavior places 1101.HK well below short and long-term moving averages, creating a classic oversold environment. The stock lost 41.18% YTD and 35.48% over 3 months, pushing it to psychological support at HK$0.02. Low relative volume and compressed trading range increase the odds of a short-term mean reversion move.
Momentum indicators are limited by low liquidity, but the technical setup still suits a short-duration bounce trade with tight risk controls and small position sizing.
1101.HK stock: sector and macro context
China Huarong Energy operates in the Energy sector on the Hong Kong market, within Oil & Gas Exploration & Production. The broader Energy sector shows year-to-date strength of +17.96%, benefiting large caps like PetroChina and CNOOC. By contrast, 1101.HK’s micro-cap structure and low liquidity have left it disconnected from sector gains.
Sector tailwinds may help a bounce if crude prices stay firm, but company-level execution and Kyrgyz oilfield exposure keep risk elevated.
1101.HK stock: risk profile and catalyst checklist
Key risks include negative equity, weak cash ratios, and operational exposure in Kyrgyzstan. The stock’s EPS is -0.03 and interest coverage is negative, increasing sensitivity to price shocks. Corporate news or asset-sale announcements would be primary catalysts for lasting recovery.
Near-term catalysts for a bounce are limited to technical relief, short covering, or a specific corporate update. Absent such events, rallies are likely to be volatile and short lived.
Meyka AI rating and model forecast for 1101.HK stock
Meyka AI rates 1101.HK with a score out of 100: 63.25 out of 100 (Grade B, HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
Meyka AI’s forecast model projects a 12-month price near HK$0.029, versus the current HK$0.02, implying an upside of +45.00%. Forecasts are model-based projections and not guarantees. We include this to show a scenario where a measured oversold bounce can offer asymmetric short-term reward, but only with strict risk limits.
Final Thoughts
Short-term traders can treat 1101.HK stock as an oversold bounce candidate while keeping positions very small. The pre-market price of HK$0.02 on 28 Jan 2026 sits at technical support and below both the 50-day and 200-day averages, creating a relief-rally setup. Fundamental risks are material: negative EPS of -0.03, negative book value per share -1.89, and thin liquidity with average volume 857,321.00. Meyka AI’s forecast model projects a 12-month target of HK$0.029, implying +45.00% upside from the current price. Use tight stops near HK$0.02, limit size, and watch for concrete catalysts such as operational updates or asset transactions. Remember, forecasts are model-based projections and not guarantees, and this piece is informational, not investment advice. Meyka AI provides this data as an AI-powered market analysis platform to help shape tactical decisions.
FAQs
Is 1101.HK stock a buy after the recent drop?
1101.HK stock shows a short-term oversold bounce setup but has weak fundamentals and liquidity. Consider small, tactical positions only, with tight stops and a clear catalyst before adding exposure.
What is Meyka AI’s 12-month forecast for 1101.HK stock?
Meyka AI’s forecast model projects a 12-month price near HK$0.029, implying roughly +45.00% upside from HK$0.02. Forecasts are model-based projections, not guarantees.
Which metrics matter most for 1101.HK stock right now?
Focus on liquidity and price action: volume vs average, proximity to HK$0.02 support, EPS (-0.03), and cash flow per share. Watch for any corporate updates that change fundamentals.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
