What drove the 39.10% rally in 1720.HK stock on 06 Feb 2026?

The rally was driven by heavy volume, positive sector momentum for Communication Equipment, and renewed buyer interest on valuation. Intraday range hit **HK$0.23** and trading volume reached **32,564,000.00** shares.

What is Meyka AI's forecast for 1720.HK stock?

Meyka AI's forecast model projects **monthly HK$0.15**, **quarterly HK$0.18**, and **12-month HK$0.19**. The model flags multi-year upside to **HK$0.32**, with the usual caveat that forecasts are not guarantees.

What are the key valuation metrics for Putian Communication (1720.HK stock)?

Key metrics: **PE 8.20**, **EPS 0.02**, **PB 0.27**, and market cap about **HK$180,400,000.00**. These suggest a low multiple but actual credit and receivables metrics warrant caution.

How does liquidity look for 1720.HK stock after the move?

Liquidity spiked to **32,564,000.00** shares traded versus avg volume **1,432,709.00**, improving short-term tradability. Expect higher volatility until volume normalises.

HK Stocks

Putian Communication (1720.HK, HKSE) up 39.10% to HK$0.22 on 06 Feb 2026 market closed: PE 8.20 in focus

ByDanny Kontos February 6, 2026

Putian Communication Group Limited (1720.HK stock) closed the Hong Kong session on 06 Feb 2026 at HK$0.22, up 39.10% from the prior close. The move came on heavy activity of 32,564,000.00 shares and a session high of HK$0.23. Traders reacted to valuation signals and sector momentum in the Communication Equipment group. We examine the drivers, key metrics such as PE 8.20 and EPS 0.02, and what Meyka AI’s short and medium-term model projects for the stock