Pre-market HKSE: 1293.HK Grand Baoxin HK$0.086 06 Feb 2026: oversold bounce

We see 1293.HK stock trading at HK$0.086 pre-market on 06 Feb 2026 after heavy selling. The stock fell 35.82% intraday on high volume of 9,008,500 shares, leaving it well below the 50-day average of HK$0.15. We view this as an oversold bounce candidate for short-term traders who accept elevated risk. Our note links recent price action to weak earnings metrics, low liquidity, and dealer-sector pressure in Hong Kong.