What drove the 0489.HK stock rally today?

The rally was volume-driven: **241,126,605** shares traded and price rose to **HK$5.97**. Heavy turnover suggests institutional buying or news flow ahead of the 2026-03-26 earnings. Short-term momentum and the move above the 50-day average also attracted traders.

What is Meyka AI’s forecast for 0489.HK stock?

Meyka AI's forecast model projects **HK$7.12** over a one-year horizon, implying roughly **19.26%** upside from **HK$5.97**. Forecasts are model-based projections and not guarantees; they complement but do not replace fundamental due diligence.

How is 0489.HK stock valued versus peers?

0489.HK trades at a low PB of **0.29** and P/S of **0.39**, below the Consumer Cyclical sector PB average (~**2.27**). The low valuation reflects earnings pressure despite strong asset coverage and cash per share.

What are the main risks for 0489.HK stock?

Primary risks include continued negative EPS, weak interest coverage (reported **-71.04**), cyclical auto demand, and regulatory or supply-chain shocks. These could widen downside despite attractive valuation metrics.

Should traders use the most-active session to enter 0489.HK stock?

Most-active sessions offer liquidity but higher volatility. Short-term traders can exploit momentum with tight stops; longer-term investors should wait for earnings clarity on **2026-03-26** and consider buying nearer the 50-day average (**HK$4.10**) for lower risk.

HK Stocks

0489.HK Dongfeng rises 8.55% to HK$5.97 on HKSE 26 Feb 2026: heavy volume signals momentum

ByDanny Kontos February 26, 2026

The 0489.HK stock of Dongfeng Motor Group Company Limited closed the Hong Kong session on 26 Feb 2026 at HK$5.97, up 8.55% on very heavy turnover of 241,126,605 shares. The jump pushed the share price near its year high of HK$6.30 and came with volume roughly 3.54x the average. Today’s move places Dongfeng among the most active names on the HKSE and refocuses attention on underlying fundamentals, upcoming earnings on 2026-03-26, and a model-based forecast that implies meaningful upside from current levels.