What drove the large move in 0489.HK stock today?

Heavy trading followed reports that Dongfeng is in talks to produce cars in Turkey and stronger Chinese auto sector flows. The 0489.HK stock rose to **HKD 5.97** on **241,126,605** shares, reflecting high liquidity and headline-driven buying.

What is Meyka AI's 12-month forecast for 0489.HK stock?

Meyka AI's forecast model projects a 12-month target of **HKD 7.12**, implying approximately **19.23%** upside versus the current price of **HKD 5.97**. Forecasts are model-based and not guarantees.

How does valuation look for 0489.HK stock?

Valuation shows a low price-to-book of **0.30** and price-to-sales **0.40**. Free cash flow yield is strong at **20.11%**, but EPS is negative at **-0.08**, which keeps some caution on earnings quality.

When is the next earnings release for Dongfeng Motor (0489.HK)?

The next earnings announcement is scheduled for Mar 26 2026. Investors should watch that report for margins, vehicle volumes, and any commentary on overseas production or financing service trends.

HK Stocks

Dongfeng Motor (0489.HK HKSE) up 8.55% Jan 09 2026: heavy volume signals investor interest

ByHuzaifa Zahoor January 9, 2026January 9, 2026

Dongfeng Motor Group (0489.HK) led Hong Kong trading by volume on Jan 09 2026 as the 0489.HK stock jumped to HKD 5.97, up 8.55% on 241,126,605 shares. The market closed with the day high at HKD 6.30 and a year high matching that level. Volume was over three times the average, driven by reports of talks on passenger car production in Turkey and a broader recovery in Chinese auto sectors. This most active session in Hong Kong shows short-term bullish flows while fundamentals and valuation remain mixed.