What drove the 1060.HK stock move today?

The stock rose on heavy trading volume of **466,321,312** shares and intraday buying pressure, moving the price to **HK$1.04**. Activity focused on ticketing and content recovery themes in the entertainment sector.

What is Meyka AI's 12-month outlook for 1060.HK stock?

Meyka AI's forecast model projects **HK$1.50** in 12 months for 1060.HK stock, implying about **44.23%** upside from the current price of **HK$1.04**. Forecasts are projections and not guarantees.

Is 1060.HK stock a buy or hold based on current metrics?

Meyka AI gives a Grade **B** and suggests **HOLD**, reflecting revenue growth but mixed cash flow and a high PE. Investors should weigh valuation and free cash flow improvement before adding exposure.

Which technical levels should traders watch on 1060.HK stock?

Key levels: intraday resistance at **HK$1.08** and year-high at **HK$1.37**; support near the 50-day average **HK$0.91** and 200-day **HK$0.96**. A volume-backed break above **HK$1.08** signals follow-through.

HK Stocks

1060.HK Damai Entertainment (HKSE) rises 9.47% to HK$1.04: active traders driving volume

ByHuzaifa Zahoor February 10, 2026

Damai Entertainment Holdings Limited (1060.HK stock) closed the Hong Kong session on 10 Feb 2026 at HK$1.04, up 9.47%, on unusually heavy volume of 466,321,312 shares. The move lifted the share price above the 50-day average of HK$0.91 and the 200-day average of HK$0.96. Traders focused on ticketing and content recovery stories in the Communication Services sector, while liquidity jumped to more than twice the average daily volume.