Morning Trend | CHANGHONG JH (3991.HK) Shrinks Volume and Consolidates, IT Distribution Patiently Recovers

CHANGHONG JH (3991.HK) rose slightly yesterday, with multiple instances of low-volume fluctuations at high levels during the session, reflecting that while there is a positive layout willingness from the overall market funds, an effective synergy has yet to form. The IT distribution sector has seen some recovery in the past two days, driven by leading companies, with some lower-tier stocks also strengthening, but the overall market activity remains limited. On the policy front, promotional policies for consumer electronics in multiple regions have provided temporary benefits to the sector, but have not yet translated into substantial sales and significant performance contributions. The short-term increase is mainly influenced by sector rotation. The market shows that funds are gradually entering through batch low absorption, but the main players still maintain a wait-and-see attitude. From a technical perspective, the daily pattern remains in a bullish arrangement, with stock prices stabilizing above the main support line. The intraday fluctuations have been mild, with the main players primarily engaging in low absorption and cautious rotation, and the sector lacks obvious breakout momentum. Overall, the current sector is moving slowly with low-level rotations. If the subsequent trading volume cannot effectively expand, the possibility of high-level pullbacks still exists. It is recommended to pay attention to transaction matching and changes in closing orders, and to flexibly adjust positions to respond to subsequent volatile market conditions