Pre-market: 1821.HK ESR Group at HK$12.94 as oversold bounce sets up: watch HK$16.66 forecast

We see 1821.HK stock trading at HK$12.94 in the pre-market on 18 Feb 2026 as heavy volume and a price stall point hint at an oversold bounce opportunity. Volume is 25,385,520 versus an average of 6,452,735, a relative volume of 3.93, which signals forced selling and potential short-term mean reversion. Price sits above the 50-day average HK$12.71 and the 200-day average HK$12.11, offering a technical base for a bounce in Hong Kong (HKSE).