
Morning Reference | Bank of Qingdao (3866.HK) capital inflow, can short-term pressure be broken?

Bank of Qingdao (3866.HK) showed a positive market response after yesterday's close. The MACD golden cross was confirmed, and trading volume significantly increased, enhancing bullish signals. The stock price is steadily rising, with the main support level currently at HKD 5.50, while HKD 6.20 has become an important resistance level to watch in the short term. The low interest rate environment and central bank policies are helping the banking sector's overall recovery, driving capital back in. However, the market still needs to pay attention to the potential negative impacts of fluctuations, and the rotation of funds within the sector may also bring some signs of pressure
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

