Hong Kong stock movement: SKY BLUE 11 fell 15.65%, affected by the weakness in the real estate chain and the downward resonance of technical indicators

Hong Kong Stock Movement SKY BLUE 11, down 15.65%. Based on recent news, On October 28, SKY BLUE 11 showed a weak downward trend, with internal rotation signals within the sector stirring beneath the surface. The opening tested a short-term rebound, but the main funds followed suit with limited enthusiasm, and similar companies in the sector generally retreated. Technically, there has been a continuous decline for several days, with MACD and KDJ both softening, and many key moving averages crossing downwards. There were attempts to bottom-fish in the intraday market, but it could not drive the overall momentum. Source: Zhitong Finance The community has recently been discussing "when will the real estate chain see marginal warming," with some right-side traders bullish on future policy developments. As long as favorable policies or industry movements coincide, the short-term sentiment in the real estate chain can easily be ignited. Once the volume reverses, the FOMO effect can awaken at any time. Source: Zhitong Finance In the context of critical market conditions, the community suggests keeping a close eye on volume, price, and news drivers, as there is often capital lurking after each decline in the sector, anticipating sudden movements. The window of opportunity for rebounds can appear suddenly, and it is advised to accurately capture the signals of main funds increasing volume or marginal changes in weighty policies, without being numbed by short-term bottom-fishing. Source: Zhitong Finance. The real estate sector has recently shown weak performance, significantly affected by policy changes. Stocks with High Trading Volume in the Industry SMIC down 5.30%. Based on recent key news: On October 31, Semiconductor Manufacturing International Corporation increased its registered capital to USD 5.95 billion, indicating the company's expansion plans; however, the market has doubts about its capital efficiency, leading to a decline in stock price. Source: Tianyancha On October 30, Haimer Technology signed a strategic cooperation agreement with SMIC Xicheng to establish an industrial investment and merger fund. Despite the broad prospects for cooperation, it has not had a positive impact on the stock price in the short term. Source: Haimer Technology Announcement On October 30, large transactions occurred frequently, with price fluctuations between HKD 77.70 and HKD 78.00, indicating insufficient short-term confidence in SMIC, putting pressure on the stock price. Source: Zhitong Finance. The semiconductor industry has recently seen increased volatility and requires attention. Huahong Semiconductor down 8.24%. Based on recent key news: On October 28, Huahong Semiconductor experienced large transactions, with prices between HKD 89.00 and HKD 89.50, involving amounts exceeding HKD 42.65 million. This indicates increased market interest in the stock, which may lead to price fluctuations. On October 29, the transaction volume in Taiwan's housing market continued to be sluggish, reflecting increased global economic uncertainty, which may affect investor confidence and indirectly impact Huahong Semiconductor's stock price. Recently, changes in the global technology landscape and intensified competition in the AI field may affect Huahong Semiconductor's market positioning and investor expectations. Increased global economic uncertainty requires close attention. Black Sesame Intelligence up 0.80%. Based on recent news, On October 28, Black Sesame Intelligence saw a continuous increase in funds during the trading session, with a clear willingness from the main players to push up the stock price, and end-of-day buying further boosted the price, making it a new hotspot in the AI chip sector. The concepts of intelligent driving and chips continue to gain traction, with market attention on AI-enabled hard technology surging, driving the stock price up On October 30th, the Hong Kong stock market performed strongly overall, with the stock price of Black Sesame Intelligence reaching a six-month high during intraday trading. Market sentiment was high, and investors' optimism about the stock drove the price upward. On October 28th, analysts predicted that Black Sesame Intelligence's revenue would grow significantly from 2025 to 2027, initiating coverage with a "Buy" rating. Analysts' optimistic expectations boosted market confidence, further driving the stock price up. The concepts of intelligent driving and chips continued to gain traction, leading to heightened market sentiment. Stocks ranked among the top in industry market capitalization InnoCare, down 5.03%, with a market capitalization of HKD 71.6 billion, has had no significant news recently. Trading is active, and capital flows are evident. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation