What caused the surge in 1005.HK stock on 24 Feb 2026?

The surge was driven by heavy trading: **130,000** shares traded, about **12.21x** average volume. No confirmed Matrix-specific press release was available, so the move looks flow-driven rather than news-driven

Is 1005.HK stock undervalued based on fundamentals?

Valuation metrics are mixed. Price-to-book is **0.75** and price-to-sales **0.69**, below sector norms, suggesting a valuation cushion, but negative EPS and weak profitability raise risk for investors

What is the Meyka AI forecast for 1005.HK stock?

Meyka AI's forecast model projects monthly **HK$0.35** (implied **-27.08%** vs **HK$0.48**) and quarterly **HK$0.28**. Forecasts are model-based projections and not guarantees

What technical signals should traders watch for 1005.HK stock?

Watch follow-through volume and whether price holds above the 50-day (**HK$0.41**) and 200-day (**HK$0.4708**) averages. RSI (**68.56**) and CCI (**295.21**) warn of short-term overbought conditions

HK Stocks

Matrix Holdings (1005.HK HKSE) up 37% to HK$0.48 on 24 Feb 2026: market drivers

ByDanny Kontos February 24, 2026February 24, 2026

1005.HK stock jumped 37.14% to HK$0.48 at the Hong Kong market close on 24 Feb 2026, making Matrix Holdings Limited one of the top gainers on the HKSE. The move came on a 130,000 share turnover, roughly 12.21x the average daily volume, and pushed price above the 50-day average of HK$0.41. Traders cited the heavy volume, attractive price‑to‑book and a 4.35% dividend yield as drivers. We summarise what the move means for fundamentals, technicals and short to medium term outlook