What drove the pre-market jump in 1298.HK stock?

The pre-market jump to **HKD 1.15** was driven by value buying, higher relative volume (43.86) and short-term momentum. Positive cash metrics and a move above the 50-day average drew attention to 1298.HK stock as a top gainer.

How does valuation look for 1298.HK stock?

Valuation is mixed: **PE -115.00** and **EPS -0.01** flag negative earnings, while **PB 1.94** and price-to-sales **0.62** suggest possible undervaluation relative to assets. 1298.HK stock needs margin improvement to justify higher multiples.

What price targets should investors consider for 1298.HK stock?

Scenario targets: conservative **HKD 1.40**, recovery **HKD 1.60** near the year high, downside support **HKD 0.90**. Use these with risk controls given low liquidity for 1298.HK stock.

Where can I find official company information on 1298.HK?

Company filings and corporate details are on Yunnan Energy’s site and exchange pages. See the corporate site [Yunnan Energy website](https://www.yeigi.com) and our coverage page [Meyka stock 1298.HK](https://meyka.ai/stocks/1298.HK) for updates and filings.

HK Stocks

1298.HK jumps 17.35% pre market HKSE 06 Feb 2026: watch price targets

ByDanny Kontos February 5, 2026February 5, 2026

1298.HK stock rose 17.35% in pre-market trading to HKD 1.15 on 06 Feb 2026, making Yunnan Energy International (1298.HK) one of Hong Kong’s early top gainers. The move came on volume 5,000.00 shares and follows a prior close of HKD 0.98. Investors are reacting to valuation re-rating and short-term buying interest. This pre-market spike puts price above the 50-day average HKD 0.98 and raises focus on near-term price targets and company fundamentals on the HKSE in Hong Kong.