Morning Trend | HUA LIEN INT'L experiences a decline on low volume, is there an opportunity to test the phase low?

HUA LIEN INT'L (969.HK) experienced a decline in trading volume yesterday against the backdrop of widespread pressure in the real estate sector, with its stock price closing below the short-term moving averages for consecutive days. Recently, the real estate and comprehensive sectors have shown a lack of elasticity, with a prominent willingness for funds to flow back into mainline blue chips, resulting in almost no short-term buying interest for the company. The stock has tested last week's low multiple times during trading, and industry insiders are closely watching whether the support level can effectively cushion the decline. Although there have been no significant positive developments in the sector recently, reports suggest that relevant authorities may introduce real estate relief measures by the end of the year. This news has not yet been confirmed but has led to short-term speculative expectations in the market. Currently, the MACD shows weak expansion, and trading volume has not improved, with short-term main players primarily choosing to remain on the sidelines. If subsequent confirmation of policy benefits materializes or market sentiment improves, this area may become a window for observing market style shifts. The risk lies in the potential for a rapid opening of short-term downward space if the recent low is breached. Overall, it is recommended to remain cautious and patiently wait for a volume increase to halt the decline or for policy signals to emerge