What caused the 31.58% intraday jump in 8047.HK stock?

The intraday jump appears driven by heavy trading flows and liquidity rather than a public corporate release. Volume spiked to **4,564,000.00**, about **8.61x** average, suggesting speculative or short-covering pressure on 8047.HK stock.

How does 8047.HK stock compare on valuation metrics?

8047.HK trades at **PB 0.33** with book value **HKD 0.08254** and a negative PE. The low PB versus sector average **1.36** signals deep value but weak earnings and cash flow remain key risks for the stock.

What are the near-term price targets for 8047.HK stock?

Meyka AI models suggest a base-case **HKD 0.035** (+40.00%), bull-case **HKD 0.082** (+228.00%), and bear-case **HKD 0.015** (-40.00%). These are model projections and not guarantees.

Should traders use the volume spike to enter positions in 8047.HK stock?

Volume spikes can offer short-term trading opportunities but increase volatility. If entering, use tight risk controls, monitor spreads on the HKSE, and size positions to withstand rapid reversals in 8047.HK stock.

HK Stocks

8047.HK up 31.58% intraday 07 Jan 2026: China Ocean Group volume surge, watch targets

ByDanny Kontos January 7, 2026

We saw a large intraday move in China Ocean Group Development Limited (8047.HK) on 07 Jan 2026 as the share price rose to HKD 0.025, up 31.58% from yesterday on a heavy volume burst. The trade showed 4,564,000.00 shares, roughly 8.61x average volume, flagging short-term momentum and liquidity interest in this Hong Kong (HKSE) listed small-cap. Traders should weigh the spike against weak trailing earnings and a negative PE while analysts watch book value and free cash flow metrics for confirmation.