What drove the volume spike in 0489.HK stock today?

Heavy trading on 17 Feb 2026 reflected a **241,126,605** share volume day, likely from institutional flows and short-covering after price moved above the 50-day average. Market participants cited sector momentum and positioning ahead of the 26 Mar 2026 earnings date.

How does valuation look for 0489.HK stock right now?

Valuation is mixed: trailing EPS is **-0.08** and PE negative, but PB is low at **0.29** and cash per share is **HKD 8.58**, suggesting balance-sheet value that offsets weak profitability metrics.

What are Meyka AI's price targets and expected upside for 0489.HK stock?

Meyka AI's forecast model projects **HKD 7.12** in one year (implied upside **19.23%**) and **HKD 10.28** in three years. Forecasts are model-based projections and not guarantees.

When is the next earnings release for Dongfeng and why does it matter for 0489.HK stock?

Earnings are scheduled for **26 Mar 2026**. The report will update guidance, margin trends and EV/commercial-vehicle sales, which can materially change investor sentiment and short-term trading dynamics for 0489.HK stock.

HK Stocks

0489.HK stock 8.55% surge to HKD 5.97 (17 Feb 2026): momentum to watch

ByDanny Kontos February 17, 2026February 17, 2026

0489.HK stock led Hong Kong activity on 17 Feb 2026, rising 8.55% to HKD 5.97 on 241,126,605 shares traded as the market closed. The move pushed Dongfeng Motor Group Company Limited (0489.HK) above its 50-day average HKD 4.10 and 200-day average HKD 3.89, signalling heavy buying interest. Volume was 3.54x the average, making the name the day’s most active on the HKSE in the Consumer Cyclical auto sector. This report breaks the price action, valuation, catalysts and a model-based forecast to inform short and medium-term watchers of 0489.HK stock.