Morning Trend | CHINA GLASS (3300.HK) weakly hits a new low, with bears dominating the market

On December 23rd, after the market closed, CHINA GLASS (3300.HK) hit a new low, with overall sentiment in the manufacturing sector remaining sluggish. Rising raw material costs and weakening end demand have put pressure on industry prosperity, leading to a dominant bearish atmosphere in the market. During the trading session, there was mainly active selling from large orders, with scarce buying support, resulting in a weak adjustment in stock prices and a noticeable decline in trading volume. There was no strong support observed in the bottom area, and the market chose to remain cautious. The overall downward trend in the sector has not shown any significant signs of stabilization, with defensive funds currently prevailing. Bottom-fishing funds are relatively cautious, generally opting to wait for a safety margin to appear to avoid risks. In the short term, significant new catalysts or policy relaxations may bring rotation opportunities, but no obvious signals have emerged yet. The operational suggestion is to adopt a dynamic wait-and-see approach, closely monitor changes in industry cost or demand variables, and avoid the risk of phase-specific sell-offs. During the bottoming phase, small-scale buying or swing trading can be attempted before right-side signals appear, but positions should be light to prevent pressure from continuous passive declines