Is 0708.HK stock a buy on this oversold bounce?

An oversold bounce can offer short-term trades, but 0708.HK stock has weak fundamentals and negative EPS. Use a tight stop and small position size. For long-term buy decisions, wait for clearer balance-sheet repairs and earnings improvement.

What short-term price targets should traders use for 0708.HK stock?

Traders can use staged targets: **HKD 0.22** (conservative), **HKD 0.28** (base) and **HKD 0.45** (aggressive). Confirm moves with rising volume and protect capital with stops under **HKD 0.15**.

How does sector performance affect 0708.HK stock outlook?

Healthcare peers show healthier liquidity and margins. 0708.HK’s current ratio of **0.34** is far below the sector average **3.65**, increasing risk. Sector strength may help sentiment but does not offset company-specific issues.

Where can I find company filings and updates for 0708.HK stock?

Primary sources are the company site and HKSE announcements. Start with the company website for corporate updates: [China Evergrande Health](https://health.evergrande.com).

HK Stocks

HKD 0.17: 0708.HK China Evergrande NEV on HKSE oversold bounce setup: watch volume

ByHuzaifa Zahoor February 5, 2026

The 0708.HK stock is trading at HKD 0.17 intraday on the HKSE after heavy turnover of 162,856,795.00 shares, presenting a classic oversold bounce setup. Price sits below the 50-day average of HKD 0.18 and well under the 200-day average of HKD 0.26, signalling short-term mean-reversion potential. Traders watching an oversold bounce should focus on a rising volume confirmation and any corporate updates from China Evergrande New Energy Vehicle Group Limited that could reverse the intraday price direction. We present key metrics, technical triggers, and risk-managed price targets for Hong Kong investors.