Why did 1122.HK stock spike pre-market today?

The pre-market spike was driven by heavy volume of 26,024,000 shares and buying interest. Momentum indicators were overbought, and market participants reacted to sector strength and balance-sheet metrics such as cash per share HK$1.83.

What valuation metrics matter for 1122.HK stock?

Key metrics include price-to-book **0.40**, EPS **-0.03**, and current ratio **2.86**. Low PB and high cash per share support valuation, but negative margins and PE are cautionary signs.

What does Meyka AI forecast for 1122.HK stock?

Meyka AI's forecast model projects a yearly price of HK$1.13 and a 3-year target of HK$1.76. That implies near-term downside of **-19.19%** and a 3-year upside of **+25.54%** versus HK$1.40.

Is 1122.HK stock a buy after the pre-market gain?

Meyka AI grades 1122.HK as B (HOLD). The balance sheet looks solid but profitability is weak. Traders may take profits at resistance; longer-term buyers should wait for clearer earnings improvement.

HK Stocks

Pre-Market 13 Jan 2026: 1122.HK Qingling Motors up 20.69% to HK$1.40, check volume surge

ByHuzaifa Zahoor January 12, 2026

The 1122.HK stock opened pre-market with a sharp move: Qingling Motors (1122.HK) rose 20.69% to HK$1.40 on heavy activity. Volume hit 26,024,000 shares, nearly nine times average volume, suggesting active buying in Hong Kong (HKSE). We use Meyka AI-powered market analysis platform signals and public filings to link price action to balance-sheet strength and technical overbought conditions. This note summarises why the stock is a top gainer in the pre-market, the valuation backdrop, and what analysts should watch next.