Why did the 1129.HK stock jump 50% intraday?

The jump was driven by a surge in trading volume to 3,797,600 shares (relVolume 3.57), suggesting short-covering and speculative buying in a low-price, volatile utility stock rather than confirmed company news.

What is Meyka AI's forecast for 1129.HK stock?

Meyka AI's forecast model projects monthly **HKD 0.30** and quarterly **HKD 0.63**, implying -33.33% and +40.00% moves versus the current **HKD 0.45**. Forecasts are model-based projections and not guarantees.

What are the main risks for 1129.HK stock investors?

Key risks include negative profitability (EPS -0.77), long receivables days (**806.28**), weak cash flow metrics, and negative interest coverage. These create liquidity and execution risks for growth and dividend prospects.

How does sector performance affect 1129.HK stock today?

Utilities in Hong Kong showed positive momentum (1D **+1.72%**), which likely supported buying in 1129.HK, but sector gains alone do not offset company-specific operational weaknesses.

HK Stocks

Up 50% intraday: 1129.HK China Water on HKSE 19 Feb 2026: watch volume

ByHuzaifa Zahoor February 19, 2026February 19, 2026

The 1129.HK stock rose 50.00% intraday to HKD 0.45 on HKSE on 19 Feb 2026 after a heavy volume spike. Trading volume reached 3,797,600 shares versus an average of 1,063,722, a relative volume of 3.57, which explains the sudden move. Price traded between HKD 0.32 and HKD 0.495 today. We examine what drove the gain, how fundamentals and technicals line up, and what Meyka AI’s forecast and grade imply for short-term traders.