---
title: "Morning Trend | CHI KINGSTONE's main force raised prices and then fluctuated during the session, beware of high-level adjustment risks"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/270968807.md"
description: "CHI KINGSTONE (1380.HK) showed active performance in the market yesterday, with high enthusiasm in the chemical sector, as main funds frequently pushed prices higher and trading volume continued to expand. On the news front, the company announced new customers and core product upgrades, combined with the chemical industry's inventory replenishment cycle, leading to a positive short-term market response. The stock price maintained a fluctuating upward trend throughout the day, with significant buying power from main funds; however, in the afternoon, some funds began to take profits at high levels, causing a reduction in trading volume and increased volatility. 

From a technical perspective, the daily line has consistently closed above multiple moving averages, indicating a clear bullish trend. In the short term, major technical indicators are at high levels, with noticeable intraday fluctuations and increased selling pressure, suggesting a potential emotional turning point. Recently, the rotation in the chemical sector has intensified, and after the news from some leading companies materialized, the enthusiasm for following the funds has weakened, raising the risk of a high-level pullback. 

It is important to note that chemical stocks are highly volatile and have strong short-term speculative characteristics, with main funds often engaging in high selling and low buying. If key price levels (such as HKD 124) cannot be maintained, it could easily trigger a technical adjustment, and the phase of rising may pause. Overall, while a bullish atmosphere still exists, caution is needed regarding profit-taking and sudden changes in sector funds. If intraday selling pressure increases and positive news cannot be sustained, the market rhythm may shift to a fluctuating downward trend. For swing trading, attention should be paid to intraday volume and market movements, with dynamic adjustments to risk exposure"
datetime: "2025-12-30T01:00:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/270968807.md)
  - [en](https://longbridge.com/en/news/270968807.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/270968807.md)
---

# Morning Trend | CHI KINGSTONE's main force raised prices and then fluctuated during the session, beware of high-level adjustment risks

CHI KINGSTONE (1380.HK) showed active performance in the market yesterday, with high enthusiasm in the chemical sector, as main funds frequently pushed prices higher and trading volume continued to expand. On the news front, the company announced new customers and core product upgrades, coupled with the chemical industry's inventory replenishment cycle, leading to a positive short-term market response. The stock price maintained a fluctuating upward trend throughout the day, with significant buying power from main funds, but in the afternoon, some funds began to take profits at high levels, causing a reduction in trading volume and increased volatility.

From a technical perspective, the daily line has consistently closed above multiple moving averages, indicating a clear bullish trend. In the short term, major technical indicators are at high levels, with noticeable intraday fluctuations and increased selling pressure, suggesting a potential emotional turning point. Recently, the rotation in the chemical sector has intensified, and after the news from some leading companies materialized, the enthusiasm for following the funds has weakened, increasing the risk of a pullback from high levels.

It is important to note that chemical stocks exhibit high volatility and strong short-term speculative characteristics, with main funds often engaging in high selling and low buying. If key price levels (such as HKD 124) cannot be maintained, it may easily trigger a technical adjustment, and the phase of rising may pause.

Overall, the bullish atmosphere still exists, but caution is needed regarding profit-taking and sudden changes in sector funds. If intraday selling pressure increases and positive news cannot be sustained, the market rhythm may shift to a fluctuating downward trend. For swing trading, attention should be paid to intraday volume and unusual movements, with dynamic adjustments to risk exposure

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