CIMC (2039.HK): Short-term volatility intensifies, capital rotation in stages, new foreign trade policies become key catalysts

On February 3rd, CIMC experienced increased volatility during the trading session, with funds in the logistics and export chain flowing back. "Upgraded foreign trade promotion measures" and new logistics infrastructure policies have become the recent market focus. The main force repeatedly raised stock prices, quickly pushing them above the mid-track, but the pressure from the high-level platform affected the sustainability of the rebound, resulting in a day of range-bound trading. Short-term volume and price were released in sync, with the 20-day moving average becoming the intraday support area, leading to back-and-forth tug-of-war between bulls and bears. The export chain showed a month-on-month recovery, and the rebound in overseas orders increased the sector's attractiveness. However, chasing high prices led to divergences, and short-term volatility increased the risk. Overall, the sector is in a technical repair phase, and a breakthrough still requires key signals. If any negative news related to the export chain or a significant divergence in funds occurs, the risk of a pullback could increase at any time. Short-term trading suggestions are to respond flexibly to the main force and policy changes