Up 31.58% intraday: 8047.HK China Ocean Group (HKSE) 28 Feb 2026, watch volume

The 8047.HK stock surged 31.58% intraday to HKD 0.025 on 28 Feb 2026, driven by a volume spike of 4,564,000 shares. This price move lifted the stock well above yesterday’s close of HKD 0.019 and pushed trading volume to 8.61x its average. We view the surge as a high-volume momentum event that highlights short-term interest and liquidity shifts in China Ocean Group Development Limited on the HKSE. Traders should note the low base price and volatile history, while longer-term investors must weigh weak earnings and stretched receivables against cheap valuation multiples.