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Morning Trend | DAHSING BANKING experiences intraday fluctuations, is there a chance for a rebound if it holds the key price level?

On January 15th, DAHSING BANKING (2356.HK) experienced a slight outflow of funds during the trading session, with the price center continuously sinking and significant pressure on fluctuations throughout the day. The banking sector was generally affected by narrowing interest margins and external risk disturbances, with little movement in major orders and a strong overall wait-and-see sentiment in the market. Recently, the frequent abnormal movements of Hang Seng Index heavyweight stocks have further heightened the market's risk-averse mentality, leading to greater negative expectations for the banking sector. DAHSING BANKING itself has no substantial positive developments, and its market performance is slightly weaker compared to the broader market. On the news front, the Hong Kong Monetary Authority reiterated last week the bottom line for financial stability, which briefly attracted some capital backflow but still failed to boost medium- to long-term confidence. From a technical analysis perspective, the MACD indicator has clearly turned downward, forming a death cross in the short term, while the KDJ and RSI are also fluctuating in the oversold range, with some funds attempting to speculate on a rebound from oversold conditions. The key price level around HKD 10.5 during the session may exacerbate bearish sentiment if breached, triggering a new round of declines. If sector risks further spread, a significant drop in volume cannot be ruled out. It is recommended that investors focus on defensive strategies, closely monitor intraday movements and news trends, and decisively reduce positions if necessary to respond to systemic risks

Technical Forecast·
Technical Forecast·

Morning Trend | BOC HONG KONG High-Level Capital Gathering, Main Force Competition Intensifies

On January 15th, after the market closed, BOC HONG KONG (2388.HK) showed a significant gathering of funds at high levels. The buying activity within the sector was active, with the financial industry leaders continuously stabilizing at key support zones, highlighting the defensive attributes of Hong Kong stocks. Frequent favorable policies, stabilization of the RMB exchange rate, and the relaxation of cross-border financial regulations have boosted industry valuations. The market is actively discussing the high dividend strategy of Hong Kong stocks, with funds favoring heavyweight targets. From the intraday data, the short-term bullish structure continues, with a clear upper pressure from the Bollinger Bands, maintaining a bullish atmosphere in the market but accumulating pressure at high levels. Expectations of interest rate hikes by the Federal Reserve have disturbed foreign capital flows, intensifying fluctuations in main player sentiment, with signs of profit-taking appearing during the session. In terms of operations, if there is an increase in trading volume accompanied by large sell orders, it may indicate that the main players are adjusting their positions at high levels. Continuous attention should be paid to dividend policies and the progress of cross-border business; if the favorable conditions do not materialize as expected, high-level fluctuations may persist, and short-term caution is necessary to guard against risks brought by main player washouts

Technical Forecast·
Technical Forecast·
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BMNR recently appointed Young Kim as the company's CFO and COO, who is a fellow Korean of Tom Lee, with a very Wall Street-standard resume, educational background from MIT+HBS, professional experience...

Bought some at HK35 and HK44 few months back. Hope to see HK70 soon. Bullish trending still in play.

Merry Christmas. Santa Clause Rally.