What caused the intraday volume spike in 8047.HK stock?

The spike was driven by concentrated buy orders into a low-liquidity microcap, pushing volume to **4,564,000** shares and creating a rapid price move. Short-term traders and position adjustments ahead of earnings likely added to flows.

How does Meyka AI rate 8047.HK and what does it mean?

Meyka AI rates 8047.HK with a score out of 100 at **58.96**, grade **C+** and suggestion **HOLD**. The grade blends benchmark and sector comparisons, financial growth, key metrics and consensus signals. Not investment advice.

What are the key risks when trading 8047.HK stock intraday?

Key risks include low liquidity, wide spreads, elevated receivables (DSO ~**258.72** days), negative operating cash flow per share and fast mean reversion. Use small position sizes and strict stops.

What price targets does Meyka AI model project for 8047.HK stock?

Meyka AI's forecast model projects a short-term target of **HK$0.035** (+**40.00%**) and a 12-month target of **HK$0.050** (+**100.00%**). Forecasts are model-based projections and not guarantees.

HK Stocks

Volume lifts 8047.HK China Ocean Group (HKSE) HK$0.025 Feb 2026: 40% upside

ByHuzaifa Zahoor February 4, 2026

Intraday traders are watching 8047.HK stock after a sharp volume surge pushed China Ocean Group Development Limited (8047.HK) on the HKSE to HK$0.025 on 04 Feb 2026. Volume hit 4,564,000 shares versus an average of 529,918, a relative volume of 8.61x, driving a one-day price jump of 31.58%. The move follows thin-market dynamics and a short-term bid that re-priced the penny stock. We break down the intraday drivers, valuation signals, Meyka AI grade and a model forecast to help intraday and short-term traders frame risk and possible reward.