Hong Kong Stock Market
Overvalued stocks
Stocks that have significantly increased in price due a large demand are called overbought. This is often the case when there are too many buyers who push the price so high that it can’t be justified by company financials. When sellers start outweighing buyers, the price can change its direction. Another scenario that causes stocks to become overbought is when a company buys back its own stocks. Be careful when buying overvalued stocks as there could be a retracement.
| 1043 COSLIGHT TECH | 2.93 | 0.00% | 0.00 | Buy | 1.330M | 1.137B | 4.29 | 0.68 | 6861.00 | Industrials |
| 157 NATURAL BEAUTY | 0.82 | 0.00% | 0.00 | Strong Buy | 970.000K | 1.622B | 15.58 | 0.05 | 538.00 | Consumer Non-Cyclicals |
| 1991 TA YANG GROUP | 0.60 | 1.69% | 0.01 | Buy | 978.000K | 531.419M | — | -0.04 | 1448.00 | Consumer Cyclicals |
| 222 MIN XIN HOLD | 5.98 | -0.17% | -0.01 | Buy | 162.000K | 3.554B | 6.32 | 0.95 | 74.00 | Financials |
| 326 CHINA STAR ENT | 0.44 | 8.64% | 0.04 | Buy | 29.113M | 1.139B | 3.59 | 0.11 | 794.00 | Consumer Cyclicals |
| 342 NEWOCEAN ENERGY | 1.98 | -1.00% | -0.02 | Buy | 3.954M | 2.936B | 3.53 | 0.57 | 1295.00 | Energy |
| 370 CHINA BEST | 0.11 | 2.91% | 0.00 | Buy | 18.900M | 871.657M | 30.47 | 0.00 | 62.00 | Technology |
| 456 NEW CITY DEV | 0.86 | 40.98% | 0.25 | Buy | 16.767M | 2.123B | 87.02 | 0.01 | 50.00 | Financials |
| 589 PORTICO INT'L | 4.08 | 0.00% | 0.00 | Buy | 2.122M | 2.262B | 34.90 | 0.12 | 4471.00 | Consumer Cyclicals |
| 612 CHINA INV FUND | 15.80 | -1.99% | -0.32 | Strong Buy | 1.643M | 17.852B | — | -0.13 | 30.00 | Financials |
| 6196 BANKOFZHENGZHOU | 5.00 | 20.19% | 0.84 | Strong Buy | 7.621M | 65.377B | 4.54 | 0.92 | 4171.00 | Financials |
| 743 ASIA CEMENT CH | 7.11 | 2.60% | 0.18 | Strong Buy | 3.437M | 10.279B | 6.43 | 1.08 | 3929.00 | Basic Materials |
| 8039 KNK HOLDINGS | 5.00 | 7.53% | 0.35 | Buy | 680.600K | — | — | — | — | — |
| 8429 ICICLE GROUP | 0.74 | 5.71% | 0.04 | Buy | 2.830M | — | — | — | — | — |
| 8437 RMH HOLDINGS | 0.75 | -3.85% | -0.03 | Strong Buy | 5.984M | 486.000M | — | -0.00 | — | Healthcare |
| 986 CH ENV ENERGY | 0.36 | 0.00% | 0.00 | Buy | 19.402M | 188.690M | — | -0.85 | 40.00 | Basic Materials |