1640.HK Qian Xun Technology (HKSE) +21% after hours 18 Feb 2026: momentum

1640.HK stock jumped 21.00% after hours on 18 Feb 2026 to close at HKD 3.63, making Qian Xun Technology Limited (1640.HK) one of tonight’s top gainers on the HKSE. The move followed a low-volume intraday session with a day range of HKD 2.88–3.64 and a market cap of about HKD 2.03B. Traders flagged short-covering and renewed retail interest as proximate drivers. Below we break down the price action, fundamentals, technical setup and Meyka AI’s grade and forecast to put the after-hours surge into context.

1640.HK stock: after-hours price action and volume

Qian Xun Technology (1640.HK) rose 21.00% after hours to HKD 3.63 on 18 Feb 2026. The stock opened at HKD 2.89, recorded a day low of HKD 2.88 and a day high of HKD 3.64.

Trading volume was 100,000 shares versus a 30-day average of 712,048, indicating the surge occurred on below-average liquidity and may magnify short-term volatility.

Drivers behind the rally and news flow

There was no company press release at time of writing, so the after-hours jump appears driven by short-covering and momentum trading. Market participants cited renewed retail interest in the advertising and e-commerce peer group as a catalyst.

For background on the company, see the corporate site Company website and for regulatory filings check HKEX announcements HKEX.

Fundamental snapshot and valuation for 1640.HK stock

Qian Xun’s trailing EPS is -0.21 with a negative PE of -17.29 and no dividend yield. The company’s market cap is approximately HKD 2.03B and shares outstanding are 560,000,000.

Key ratios: price/50-day average HKD 3.63 vs 3.56, 200-day average HKD 4.01; price-to-sales TTM 1.92, price-to-book TTM 7.76, debt-to-equity TTM 0.97, and current ratio TTM 1.33. These metrics point to thin earnings and high PB relative to peers in Communication Services.

Technical setup, momentum and sector context

Momentum indicators show short-term strength: RSI 56.45, MACD histogram slightly positive, ADX 25.79 suggesting a developing trend. Bollinger upper band is 3.75 and ATR is 0.29, highlighting elevated intraday swing potential.

Sector context: Qian Xun sits in Communication Services and Advertising Agencies. The sector has been mixed year-to-date; investors should watch sector flows as a driver for 1640.HK stock’s short-term moves.

Meyka AI rates 1640.HK with a score out of 100 and forecast

Meyka AI rates 1640.HK with a score out of 100: 58.52 (Grade C+, Suggestion: HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. These grades are informational and not personalized advice.

Meyka AI’s forecast model projects a yearly price of HKD 6.57 for 1640.HK stock, implying an upside of 80.88% from the current HKD 3.63. Forecasts are model-based projections and not guarantees.

Price targets, analyst view and risks for 1640.HK stock

Practical near-term price targets: conservative HKD 4.50, base HKD 6.57 (Meyka yearly), and bull HKD 10.66 (3-year model). These reflect earnings recovery scenarios and multiple expansion.

Key risks: continued negative EPS (TTM EPS -0.21), weak operating cash flow per share -0.23, high PB 7.76, and low liquidity. Regulatory or advertising-market weakness in China would directly pressure 1640.HK stock.

Final Thoughts

The after-hours 21.00% jump to HKD 3.63 on 18 Feb 2026 puts 1640.HK stock back on traders’ radars, but the rally comes on below-average volume of 100,000 shares, which raises the risk of intraday reversals. Fundamentals remain mixed: negative EPS -0.21, negative operating cash flow per share -0.23, and a high price-to-book of 7.76 versus modest revenue per share. Meyka AI rates 1640.HK 58.52/100 (C+, HOLD) and flags valuation and cash flow weakness as offsets to momentum. Meyka AI’s forecast model projects HKD 6.57 by year end, an implied upside of 80.88% from today’s price, but this is a model projection, not a guarantee. For active traders the setup offers short-term momentum opportunities; for longer-term investors the case depends on clear earnings recovery and improved cash flow. See the Meyka stock page for live updates and realtime signals: Meyka stock page.

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Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.