We see 1160.HK stock trading at HK$0.38 in the HKSE pre-market on 06 Mar 2026, down 7.32% from the prior close. The share price sits near the 50-day average of HK$0.40 but above the 200-day average of HK$0.34, creating an oversold bounce setup. Volume has jumped to 100,000 versus an average of 14,035, giving a relative volume of 7.13 and signaling active flows. This article examines technical triggers, valuation metrics, Meyka AI forecasts, and practical trade levels for a disciplined oversold bounce strategy.

Technical set-up for 1160.HK stock

Price is HK$0.38, with a one-day change of -7.32% and day range locked at HK$0.38. Technicals show extreme oversold readings: RSI 0.00, Williams %R -100.00, and ROC -7.32%, while Bollinger Bands lower band sits at HK$0.38. On high relative volume (100,000 vs avg 14,035), short-term mean reversion often produces quick bounces. Key intraday resistance is the year high HK$0.42 and the 50-day average HK$0.4016.

Fundamentals and valuation for 1160.HK stock

Goldstone Capital Group Limited (1160.HK) is listed on the HKSE in Hong Kong with market cap HKD 135,244,660 and EPS -0.03, giving a negative PE of -12.67. Book value per share is HK$0.0167 and PB ratio is 22.71, showing a stretched valuation versus tangible equity. Current ratio is 1.70 and debt-to-equity is 1.02, indicating modest leverage. Investors should weigh weak profitability and high price-to-book before assuming sustained recovery.

Volume, liquidity and trading signals for 1160.HK stock

Average daily volume is 14,035 but today’s volume is 100,000, a relative volume of 7.13 that supports the oversold-bounce thesis. On-balance volume sits at -100,000, reflecting recent outflows. High intraday volume on a down day can clear stops and set the stage for a short squeeze or mean-reversion rally. Use size limits and tight stops given low free-float and thin liquidity outside spikes.

Meyka AI rates 1160.HK with a score out of 100 and forecast

Meyka AI rates 1160.HK with a score out of 100: 58.68 (Grade C+, Suggestion: HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a near-term monthly target of HK$0.48 and a quarterly target of HK$0.46. Versus the current HK$0.38, the model implies +26.32% (monthly) and +21.05% (quarterly) upside. Forecasts are model-based projections and not guarantees.

Sector context and comparative risks for 1160.HK stock

Goldstone sits in Financial Services / Asset Management within the Hong Kong market, where the sector’s average PE is 15.31 and average PB is 1.09. Relative to peers, 1160.HK’s margins and ROE (-108.57% TTM) lag materially. Main risks are continued negative earnings, high PB distortions, and limited free cash flow. Key supports are the year low HK$0.134 and psychological round levels; break below HK$0.134 would raise downside risk materially.

Practical oversold-bounce strategy for 1160.HK stock

For traders targeting an oversold bounce, consider entry near HK$0.36–0.38 with a tight stop below HK$0.33 and a near-term profit target at HK$0.46 (quarterly forecast) and secondary target at HK$0.48 (monthly forecast). Position sizing should limit risk to under 1–2% of capital. Monitor intraday volume, quick rejection at the HK$0.42 resistance, and any company announcements on HKEX that could alter sentiment. Use limit orders to manage low-liquidity fills.

Final Thoughts

Key takeaway: 1160.HK stock trades at HK$0.38 in the HKSE pre-market on 06 Mar 2026 and shows textbook oversold readings with a big volume spike. Short-term opportunity: Meyka AI’s model projects HK$0.46 (quarter) and HK$0.48 (month), implying +21.05% to +26.32% upside from current levels, but fundamentals remain weak with EPS -0.03 and negative ROE. Traders can use disciplined, small-sized long entries targeting the forecast levels, with stops under HK$0.33 and strict risk limits. This view uses data-driven signals from price action, liquidity, and Meyka AI’s model; forecasts are model-based projections and not guarantees. For company filings and market notices consult HKEX and market news before trading. Meyka AI is the AI-powered market analysis platform used to generate these model outputs.

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Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.