What drove the 1202.HK stock surge today?

The surge reflected a technical breakout above the 50-day average with **2,192,000.00** shares traded. There was no single public announcement; high volume suggests momentum buying and sector rotation in Technology on the HKSE.

What is Meyka AI's rating and implication for 1202.HK stock?

Meyka AI rates 1202.HK **67.36/100**, Grade **B**, Suggestion **HOLD**. The grade balances valuation, forecasts and sector performance; it is informational and not financial advice.

What are realistic near-term price targets for 1202.HK stock?

Technical-based targets: near-term resistance around **HK$1.50–HK$1.90** and support near **HK$1.03–HK$1.20**. Adjust targets for risk and watch volume for conviction.

How do fundamentals affect 1202.HK stock outlook?

Strong cash per share (**HK$1.08**) and low PB (**0.57**) are positives. Weak margins, long receivables (DSO **263.98**) and negative free cash flow per share are downsides that could pressure earnings.

HK Stocks

1202.HK Chengdu SIWI (HKSE) +32.17% on heavy volume: key levels to watch

ByHuzaifa Zahoor February 24, 2026February 24, 2026

The 1202.HK stock surged to HK$1.52 at market close on 24 Feb 2026, a +32.17% move on 2,192,000.00 shares traded on the HKSE in Hong Kong. This intraday rally pushed the share above the 50-day average of HK$1.03 and triggered a strong volume spike versus the 105,355.00 average. The move stands out in the Technology sector and deserves close monitoring for traders and investors assessing momentum, valuation and liquidity. Meyka AI provides this data-driven, real-time view for high-volume movers.