Pre-market trend | CONCH VENTURE (0586.HK) 4/30 Bullish momentum gathers, is the environmental leader brewing a new round of offensive?

At yesterday's close, CONCH VENTURE had a trading volume of approximately HKD 82.48 million, with trading activity showing an increase compared to previous periods. The MACD daily line confirmed a bullish signal above the zero axis, and the short-term moving averages are showing an upward divergence, which typically indicates that momentum for a phase of upward movement is building, with buying power gradually shifting from a wait-and-see approach to active participation. From recent trends, CONCH VENTURE has gained solid bottom support in the previous consolidation range, and the moderate increase in trading volume indicates a growing willingness for capital entry. On the news front, the April PMI data showed a construction industry index of 48%, which, while still in the contraction zone, indicates that the environmental protection industry, as a derivative of infrastructure investment, benefits from the ongoing promotion of the national "dual carbon" strategy. Recently, multiple regions have released supportive policies for the environmental protection industry, and demand in the solid waste treatment and resource recycling sectors continues to grow steadily. CONCH VENTURE, backed by the construction giant CONCH CEMENT, possesses unique advantages in industrial chain collaboration for solid waste co-disposal. However, the Federal Reserve's decision to maintain interest rates and continue a wait-and-see policy, combined with a decline in global risk appetite due to the situation in the Middle East, has put overall pressure on the Hong Kong stock market, with the Hang Seng Index showing weak performance yesterday and most sectors closing lower. From a technical perspective, the bullish signal above the zero axis provides directional reference for the medium-term trend, but the current level of trading volume remains moderate. To further break through previous resistance levels, a more significant increase in trading volume is needed. Today, attention should be paid to the overall market sentiment's drag effect on individual stocks, as well as any signs of concentrated capital inflow within the environmental protection sector