What drove the intraday spike in 2358.HK stock?

The spike was volume-led: **619,360,000.00** shares traded and a day high of **HKD 0.044**. Thin market cap and block trades can cause large percentage moves. Check HKEX announcements and the company website for any disclosure before trading.

Is 2358.HK stock a buy after the surge?

Meyka AI gives a **B+** grade (Score **70.17**) with a BUY suggestion, but fundamentals are weak (EPS **-0.01**, current ratio **0.44**). Any buy should be small, disciplined, and time-limited due to high volatility and liquidity risk.

What price targets and risks apply to 2358.HK stock?

Short-term resistance sits at the year high **HKD 0.023** and conservative support at **HKD 0.01**. Meyka AI’s yearly model projects **HKD 0.005889**, implying downside risk. Major risks include weak liquidity, negative equity metrics, and no guaranteed news catalysts.

HK Stocks

+60% intraday: 2358.HK Jiu Rong (HKSE) 619.36M vol 05 Feb 2026: see outlook

ByHuzaifa Zahoor February 5, 2026February 5, 2026

Jiu Rong Holdings Limited (2358.HK stock) jumped 60.0% intraday to HKD 0.016 on 619,360,000.00 shares traded on the HKSE on 05 Feb 2026. This surge made 2358.HK one of Hong Kong’s most active names during intraday trading and pushed the day high to HKD 0.044 from an open of HKD 0.011. Volume was about 33.18 times the 50-day average, highlighting speculative flow and liquidity-led moves. We use Meyka AI’s real-time data and grade to frame valuation, technicals, and short-term forecasts for traders.