What caused the intraday volume spike in 3608.HK stock?

The spike to **782,500** shares likely reflects a one-off liquidity event or renewed buyer interest; average volume is only **333**. Confirming factors include company notices, sector flows, or block trades. Traders should seek official announcements before assuming sustained momentum.

Is 3608.HK stock undervalued compared to peers?

On price-to-book, 3608.HK at **0.57** is cheaper than the Consumer Cyclical average PB **2.28**, but negative margins and EPS **-0.10** temper the valuation argument. Balance-sheet metrics look reasonable, so valuation is mixed and requires earnings improvement.

What short-term targets and stops suit 3608.HK stock after the volume spike?

Short-term targets include **HK$1.05** then **HK$1.19**; failure below **HK$0.92** suggests a move toward **HK$0.80–0.85**. Use tight stops and monitor volume confirmation given the stock's thin average trading.

HK Stocks

Volume spike 782,500 on HKSE 02 Feb 2026: 3608.HK Yongsheng at HK$0.99, watch short-term targets

ByDanny Kontos February 2, 2026

An intraday volume spike to 782,500 shares pushed Yongsheng Advanced Materials Company Limited (3608.HK stock) to HK$0.99 on the HKSE on 02 Feb 2026, up 1.02% from the prior close. The surge is material because average daily volume is 333 shares, giving a relative volume of 2,349.85, which signals a fleeting but notable liquidity event for traders. We examine what the spike means for short-term momentum, compare valuation to Consumer Cyclical peers, and flag key technical levels and risks for intraday and swing traders in Hong Kong.