Why did 1920.HK stock spike today?

1920.HK stock rose due to heavy intraday buying and a volume surge to 12,910,000 shares, about 8.87 times average volume. The spike reflected momentum flows into Industrials small caps and short covering, not a confirmed earnings catalyst.

What is Meyka AI’s view on 1920.HK stock short term?

Meyka AI rates 1920.HK **60.51/100 (B, HOLD)** and flags short‑term momentum to **HKD 0.85**, but model forecasts a yearly price of **HKD 0.20**, implying material downside. Forecasts are projections, not guarantees.

What valuation risks apply to 1920.HK stock?

Valuation risks include a high price‑to‑book of **9.51**, negative EPS **-0.06**, and thin free float. These factors raise the chance of sharp re‑rating if operational results disappoint.

Which price levels matter for trading 1920.HK stock?

Key levels: intraday support at **HKD 0.59**, 50‑day average **HKD 0.42**, and resistance at the year high **HKD 0.85**. Use tight risk controls due to elevated volatility.

HK Stocks

1920.HK China Wacan Group (HKSE) up 25.86% intraday: volume surge highlights momentum

ByDanny Kontos February 10, 2026February 10, 2026

The 1920.HK stock rallied 25.86% intraday to HKD 0.73 on 10 Feb 2026 in Hong Kong, led by a volume surge to 12,910,000 shares versus the 50‑day average of 1,459,274. The move followed a gap open at HKD 0.59 and pushed the stock to its session high at HKD 0.73, testing resistance near the year high of HKD 0.85. Traders cited heavy buying and sector rotation into Industrials names as drivers. Below we break down liquidity, valuation, technicals, and Meyka AI’s grade and forecast for China Wacan Group Company Limited (1920.HK) on the HKSE.