Volume spike lifts 1298.HK stock intraday 07 Jan 2026: check HKD 1.07 model target

A sudden intraday volume spike pushed trading in 1298.HK stock to 7,000.00 shares on 07 Jan 2026 while the price held at HKD 0.98. The trade volume equalled a relative volume of 60.34, versus an average volume of 116.00, signalling unusually high participation for the Hong Kong (HKSE) listing. Intraday price range stayed tight between HKD 0.98 low and high, reflecting a volume-driven move without immediate price breakout. We use this volume spike to re-check fundamentals, valuation, and a short-term technical view for intraday traders and swing investors.