What caused the spike in 1617.HK stock on 09 Feb 2026?

The jump appears driven by speculative buying, short-covering and market optimism about new fibre‑optic orders. There was no confirmed earnings surprise; investors cited contract prospects and stronger sector sentiment in Hong Kong and China.

Is 1617.HK stock fairly valued after the rally?

Valuation metrics remain modest: **PE 7.50** and **PB 0.51**, but cash flow and long receivables pose risks. The recent surge likely overshot fundamentals; our model shows a lower 12‑month projection.

What is Meyka AI’s view on 1617.HK stock performance?

Meyka AI rates 1617.HK **67.70/100** (Grade B, HOLD). The model flags short‑term momentum but projects a 12‑month price of **HKD 0.14463**, so traders should be cautious and monitor working capital metrics.

Where can I find official company information for 1617.HK stock?

Company disclosures and product details are on the issuer site at [Nanfang Communication](https://www.jsnfgroup.com). For listing and regulatory updates, consult the HKEX website at [HKEX](https://www.hkex.com.hk).

HK Stocks

1617.HK Nanfang Comm HKSE up 141.94% to HKD 0.45 on 09 Feb 2026 close: model upside

ByHuzaifa Zahoor February 9, 2026February 9, 2026

The market closed on 09 Feb 2026 with 1617.HK stock leading the HKSE gainers after a one-day surge of 141.94% to HKD 0.45. Trading volume spiked to 190,078,000.00 shares, far above the 50-day average of 4,121,354.00, driving a short-term re-rating. This move followed company and sector cues that traders parsed for near-term demand in optical fibre and distribution network equipment in Hong Kong and mainland China. We review drivers, valuation, technicals and model forecasts for investors considering 1617.HK stock