29.74M spike: Good Friend 2398.HK (HKSE) HK$1.49 11 Feb 2026: model +20.8%

2398.HK stock jumped on a dramatic volume spike today, closing at HK$1.49 on 11 Feb 2026. Trading volume hit 29,740,000, roughly 46x the stock’s average volume (647,123), which signals heavy investor attention. The intraday range was tight at HK$1.49–HK$1.50, and the share price is near its 50-day average of HK$1.43. We examine why the volume spike matters now, how company fundamentals line up, and what our model and market context imply for near-term targets on the HKSE in Hong Kong.