Why did 0658.HK stock fall so sharply in pre-market trading?

0658.HK stock fell due to heavy selling on a gap down from the open, higher-than-average volume (3,143,000) and investor concern over negative EPS (−4.26) and longer receivables. Technical exhaustion and sector chatter on margins amplified the move.

What is Meyka AI’s short-term forecast for 0658.HK stock?

Meyka AI's forecast model projects a quarterly level of **HK$2.08** and a one-year target of **HK$2.22**, implying about **8.82%** upside from **HK$2.04**. Forecasts are model-based projections and not guarantees.

How does China High Speed Transmission (0658.HK) compare to its Industrials peers?

0658.HK has a lower price-to-book (**0.43**) but weaker profitability and higher leverage (debt-to-equity **1.14**) versus the Industrials average debt-to-equity **0.62**. That raises execution and margin risk compared with peers.

What trading levels matter for 0658.HK stock after this drop?

Key short-term levels: support at the 50-day average **HK$1.77** and 200-day average **HK$1.48**. Immediate resistance sits near the open and prior support zone **HK$2.49–HK$2.56**. Volume confirmation should guide trades.

HK Stocks

0658.HK stock down 18.40% to HK$2.04 in Pre-Market 17 Feb 2026: watch HK$1.78 support

ByHuzaifa Zahoor February 17, 2026February 17, 2026

0658.HK stock fell 18.40% to HK$2.04 in Hong Kong pre-market trading on 17 Feb 2026, after the share opened at HK$2.49 and printed a high-low range of HK$2.49–HK$2.04. Trading volume surged to 3,143,000 shares, more than three times the average of 1,003,870, signalling outsized selling pressure. The move follows weak margins and a negative EPS of -4.26, and comes as investors re‑price cyclical demand for wind-gear and industrial transmissions. We summarize drivers, valuation, technicals and a short-term outlook for China High Speed Transmission Equipment Group Co., Ltd. (0658.HK) on the HKSE.