--- title: "Pre-market trend | RADIANCE HLDGS (9993.HK) surged dramatically on 5/15 with a significant volume, is this a true reversal or just a flash in the pan?" type: "News" locale: "en" url: "https://longbridge.com/en/news/286532011.md" description: "Yesterday, the stock price of RADIANCE HLDGS surged explosively by over 205%, closing at HKD 2.63, with an intraday high of HKD 2.98. The price rose sharply from the opening price of HKD 0.85, with such a large fluctuation attracting market attention. The MACD daily bullish signal has been strongly established, and short-term momentum indicators have all turned stronger. This signal usually indicates an influx of extreme buying power, leading to a sharp reversal in the short-term trend. The trading volume reached approximately HKD 2.317 billion, which is several times higher than the previous daily average, indicating extreme enthusiasm from investors and a sudden increase in market attention. On the news front, the latest research report from Oversea-Chinese Banking Corporation predicts that Hong Kong property prices will rise by 8.5% this year, benefiting from improved demand and the return of speculative funds, with sentiment in the real estate sector marginally improving. As a domestic property company, the recent movement of RADIANCE HLDGS may be related to the market's speculation on a reversal of the real estate industry's difficulties, with some funds betting on expectations of debt restructuring or favorable policies for property companies. However, it is worth noting that the stock had previously been in a long-term low volatility range, and today's surge may be related to specific event-driven factors. Investors need to pay attention to whether there will be substantial announcements to accompany this movement. From a technical perspective, the stock price has surged from HKD 0.85 to HKD 2.63 in one day, far away from all short-term moving averages, indicating a severe overbought condition in the short term. Such extreme gains are usually accompanied by significant intraday volatility and the risk of pullbacks. Whether it can stabilize above HKD 2.0 will be a key observation point. Although the trading volume today is extremely abundant, if it significantly shrinks tomorrow, it would indicate a rapid decline in the willingness to chase the price higher" datetime: "2026-05-18T01:00:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286532011.md) - [en](https://longbridge.com/en/news/286532011.md) - [zh-HK](https://longbridge.com/zh-HK/news/286532011.md) --- # Pre-market trend | RADIANCE HLDGS (9993.HK) surged dramatically on 5/15 with a significant volume, is this a true reversal or just a flash in the pan? Yesterday, the stock price of RADIANCE HLDGS surged explosively by over 205%, closing at HKD 2.63, with an intraday high of HKD 2.98, rising sharply from the opening price of HKD 0.85, attracting market attention due to the significant volatility. The MACD daily bullish signal has been strongly established, and short-term momentum indicators have comprehensively strengthened, which typically indicates an influx of extreme buying power, leading to a dramatic reversal in the phase trend. The trading volume reached approximately HKD 2.317 billion, magnifying several times compared to the previous daily average, with extreme enthusiasm for capital participation and a sudden increase in market attention. On the news front, the latest research report from Oversea-Chinese Banking Corporation indicates that Hong Kong property prices are expected to rise by 8.5% this year, benefiting from improved demand and the return of speculative funds, with sentiment in the real estate sector marginally improving. As a domestic real estate company, the recent movement of RADIANCE HLDGS may be related to the market's speculation on the reversal of the real estate industry's difficulties, with some funds betting on the expectation of debt restructuring or favorable policies for real estate companies. However, it is worth noting that the stock had previously been in a long-term low volatility range, and today's surge may be related to specific event-driven factors, requiring investors to pay attention to whether there will be substantial announcements to follow. From a technical perspective, the stock price surged from HKD 0.85 to HKD 2.63 in one day, far away from all short-term moving averages, indicating a severe overbought condition in the short term. Such extreme increases are usually accompanied by significant intraday volatility and the risk of pullbacks, and whether it can stabilize above HKD 2.0 will be a key observation point. Although the trading volume was extremely abundant today, if it significantly shrinks tomorrow, it would indicate a rapid decline in the willingness to chase prices. In the short term, the stock's technical indicators are in an extreme state, and severe fluctuations after such a surge are almost inevitable. Unless there are major positive announcements to continuously stimulate, the probability of a high-level pullback is relatively high, and investors should be extremely cautious when dealing with such anomalous stocks. _This article provides only technical analysis and market information for reference and does not constitute any investment advice. The market carries uncertainties, and investors should make independent decisions based on their own circumstances._ ### Related Stocks - [09993.HK](https://longbridge.com/en/quote/09993.HK.md) - [O39.SG](https://longbridge.com/en/quote/O39.SG.md) ## Related News & Research - [Only by abolishing the triple lock can we reverse Britain’s decline](https://longbridge.com/en/news/286649279.md) - [Fantasia Sets 2026 AGM to Approve Accounts, Board Mandates and Share Issuance Authority](https://longbridge.com/en/news/286561635.md) - [Nvidia Will Report Q1 Earnings on May 20 — Options Traders Expect an 8.65% Move in NVDA Stock](https://longbridge.com/en/news/286763191.md) - [Tencent Music completes $2.6 billion acquisition of podcast platform Ximalaya](https://longbridge.com/en/news/286841981.md) - [Maxus Mining earns 100% interest in Penny Copper Project in British Columbia](https://longbridge.com/en/news/286909342.md)