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

The oversold setup gives a tactical bounce opportunity, but fundamentals are weak. Consider small, risk‑managed trades after volume confirmation above HKD 0.20. Meyka AI grades the stock **B (HOLD)**, so treat entries as short‑term plays, not long‑term buys.

What price targets should traders watch for 0708.HK stock?

Watch short‑term resistance at **HKD 0.30** and a higher target at **HKD 0.45** per Meyka AI's model. Use initial profit taking near HKD 0.30 and re‑evaluate on news or earnings updates.

How big is the risk for 0708.HK stock given its balance sheet?

Risk is material: current ratio **0.34**, enterprise value large vs market cap, and EPS negative **-2.62**. These factors raise restructuring and liquidity risks, so limit position size and use defined stops.

Which signals confirm an oversold bounce in 0708.HK stock?

Confirm with volume above the pre‑market **162,856,795** trades, a daily close above **HKD 0.20**, and tightening intraday ranges. Positive group or EV delivery news would strengthen the bounce thesis.

HK Stocks

Pre-market surge lifts 0708.HK China Evergrande NEV (HKSE) 17 Feb 2026: watch for oversold bounce

ByDanny Kontos February 17, 2026

Heavy pre-market volume and a sub-0.20 HKD price set the stage for an oversold bounce in 0708.HK stock. At HKD 0.17, trading volume is 162,856,795 versus an average of 32,634,888, a relative volume of 4.99x. This gap shows active interest and a tactical opportunity for short-term traders who follow oversold rebound setups on the HKSE in Hong Kong.