Why did 1617.HK stock surge 42.22% on 27 Feb 2026?

The spike followed heavy buying and a gap open from HK$0.46 to HK$0.64, with volume **144,328,400.00**. Sector rotation into Communication Equipment and reported demand for telecom infrastructure likely drove the move, while short covering amplified upside.

What is Meyka AI's view on 1617.HK stock valuation?

Meyka AI assigns a **B (67.27/100)** grade reflecting fair valuation (PE **16.00**, PB **1.08**), steady margins, but weak operating cash flow. The model flags valuation risk until cash flow stabilises.

What price targets should investors use for 1617.HK stock?

Use a short-term trading target near **HK$0.67** with stops under **HK$0.46**. Meyka AI’s model highlights a 12-month reference of **HK$0.18** and a 3–5 year level near **HK$0.36**, model-based and not guarantees.

How should traders manage risk after the rally in 1617.HK stock?

Given overbought signals (RSI **80.02**) and extreme volume, traders should size positions small, apply tight stops, and watch receivables and cash flow updates. Wait for a pullback and volume confirmation for safer entries.

HK Stocks

Up 42.22%: Nanfang Communication (1617.HK, HKSE) tops gainers 27 Feb 2026, heavy volume warns pullback

ByDanny Kontos February 27, 2026February 27, 2026

Nanfang Communication Holdings Limited (1617.HK stock) closed at HK$0.64, up 42.22% on 27 Feb 2026 on the HKSE in Hong Kong after record trading volume of 144,328,400.00 shares. The move put the share price near the year high of HK$0.67 after a large block of buy orders and a gap open at HK$0.46. Market participants flagged short-term momentum and sector rotation into communication equipment as the immediate drivers, but technicals and model forecasts point to a possible correction in coming sessions.