Why did 1940.HK stock spike pre-market today?

The pre-market spike in 1940.HK stock is driven by a volume surge of **2,722,000** shares, break above the intraday high **HKD 1.58**, and momentum buying. High relative volume suggests institutional or momentum flows rather than a single retail push.

How is 1940.HK stock valued versus peers?

1940.HK stock trades at **PE 10.53** and **PB 0.97**, close to the Utilities sector average PE **10.0**. Low leverage (debt-to-equity **0.23**) and EV/EBITDA **5.82** point to a conservative valuation relative to growth peers.

What price targets and forecasts exist for 1940.HK stock?

Meyka AI's forecast projects a monthly target **HKD 1.69** (implied **6.96%** upside) and a three-month base **HKD 1.35**. The model’s 12-month projection is **HKD 0.57**; forecasts are model-based projections and not guarantees.

What are the main risks for 1940.HK stock investors?

Main risks for 1940.HK stock include overbought technicals (RSI **95.93**), concentrated receivables (DSO **154.10** days), demand sensitivity in industrial end markets, and broader energy price volatility that can affect margins.

HK Stocks

China Gas (1940.HK) HKSE up 17.91% to HKD 1.58 pre-market Feb 19 2026: volume-led momentum

ByHuzaifa Zahoor February 18, 2026February 18, 2026

The 1940.HK stock is trading at HKD 1.58 in pre-market trade on 19 Feb 2026, up 17.91% on heavy volume. Volume sits at 2,722,000 versus an average of 475,770, giving a relative volume of 5.72 and flagging the name as a high-volume mover on the Hong Kong Stock Exchange (HKSE). The jump follows a break above the intraday high of HKD 1.58 and places the stock at its 52-week high. We set out what is driving the move, the valuation backdrop, technical signals, Meyka AI grading, and realistic price targets for traders and investors.