--- title: "Morning Trend | JIHONG CO tests the support line, is the main force's intention emerging after the packaging sector's differentiation?" type: "News" locale: "en" url: "https://longbridge.com/en/news/272239474.md" description: "On January 12th, JIHONG CO (2603.HK) once again saw a decrease in trading volume and a pullback, with the packaging sector and consumer main line overall lacking strength. The company has no contracts, new products, or cross-border large orders announced, and market news is sparse. The stock price has repeatedly tested HKD 12.14 and received passive support, with sector rotation and occasional anomalies driving minor fluctuations. Both MACD and KDJ are undergoing downward adjustments, with no apparent buying interest. Industry orders are weak, and exports and performance are not exceeding expectations, with most institutions remaining cautious. Every increase in intraday trading volume encounters selling pressure, making it difficult for the short-term structure to stabilize. Attention should be paid to subsequent cross-border orders and price changes in the upstream and downstream as signals for volume increase, which are key to reversing the market trend. If there are large orders fleeing from the industry or negative news, a rapid pullback may easily occur in the short term. It is recommended to focus on event-driven main lines and sector capital flows, prioritizing position control, and waiting for solid signals to confirm a market rebound before anticipating a strong short-term rebound" datetime: "2026-01-13T01:00:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/272239474.md) - [en](https://longbridge.com/en/news/272239474.md) - [zh-HK](https://longbridge.com/zh-HK/news/272239474.md) --- # Morning Trend | JIHONG CO tests the support line, is the main force's intention emerging after the packaging sector's differentiation? On January 12th, JIHONG CO (2603.HK) once again saw a decrease in volume and a pullback, with the packaging sector and consumer main line overall lacking strength. The company has no contracts, new products, or cross-border large orders announced, and market news is sparse. The stock price has repeatedly tested CNY 12.14 and received passive support, with sector rotation and occasional anomalies driving minor fluctuations. Both MACD and KDJ are undergoing downward adjustments, and buying interest is not evident. Industry orders are weak, with exports and performance not exceeding expectations, and most institutions remain cautious. Every increase in intraday trading volume encounters selling pressure, making it difficult for the short-term structure to stabilize. Attention should be paid to subsequent cross-border orders and price changes in the upstream and downstream as volume signals, which are key to reversing the market trend. If there are significant industry sell-offs or negative news, a rapid pullback may easily occur in the short term. It is recommended to focus on event-driven main lines and sector capital flows, prioritizing position control, and waiting for solid signals to confirm a market rebound for short-term strong rebounds ### Related Stocks - [02603.HK](https://longbridge.com/en/quote/02603.HK.md) ## Related News & Research - [Xiamen Jihong Calls June EGM to Raise Guarantee Limits for Subsidiaries](https://longbridge.com/en/news/285962328.md) - [Xiamen Jihong Forecasts Sharp Profit Growth for 2025 on Packaging and E-commerce Gains](https://longbridge.com/en/news/273031466.md) - [China Travel International Expands Tourism Footprint with New Resorts and Qinghai Joint Venture](https://longbridge.com/en/news/286671362.md) - [16:35 ETLucidSound Introduces LS500 Wireless Gaming Headset, Built for All-Day Comfort and Seamless Play Across Devices](https://longbridge.com/en/news/286963993.md) - [LucidSound Introduces LS500 Wireless Gaming Headset, Built for All-Day Comfort and Seamless Play Across Devices](https://longbridge.com/en/news/286964121.md)