Morning Trend | Chongqing Rural Commercial Bank's theme shows mild recovery, can the regional banks' rebound continue to extend?

Chongqing Rural Commercial Bank (3618.HK) has recently seen a mild recovery in sentiment, with a daily MACD golden cross beginning to appear, indicating a phase of catch-up for regional banks. The company is rooted in the economically active western region, with stable performance and good asset quality. On the market, capital activity is warming up, with major players primarily accumulating shares at low levels, gradually forming a rebound structure. From an industry perspective, under the policy direction of stabilizing growth, there is significant room for valuation recovery among local banks, with marginal improvement in risk appetite. In the short term, attention should be paid to whether the stock price can break through previous highs and the support of the 5-day and 10-day moving averages. If accompanied by trading volume, it could open up space for further catch-up. If the market retracts or themes rotate, it will test the capital absorption capacity of regional banks, and caution is needed regarding profit-taking after the catch-up. It is recommended to observe the return of funds and thematic catalysts after selling pressure is released, and to participate on dips along the support zone when the opportunity arises, capturing the main line of catch-up. Overall, Chongqing Rural Commercial Bank shows a positive phase trend, with attention on the sustained strength of capital and industry news stimuli for extension space