Morning Trend | CKI Holdings continues to shrink in volume, is the main force about to break through?
As of the close on October 28, CKI HOLDINGS (1038.HK) is still stuck in a low-volume narrow range, with most funds remaining on the sidelines throughout the day, creating an extremely dull market atmosphere. Main funds occasionally attempted to lift prices during the session, but there was no enthusiasm for chasing gains, resulting in a stalemate characterized by "no one has the confidence to make the first move." Especially with the real estate and infrastructure sectors generally under pressure, fund sentiment leans more towards "buying low and waiting for confirmation," and many defensive positions are hesitant and observing. It is worth mentioning that the overall funding situation in the Hong Kong stock market is extremely cautious, with foreign capital continuously flowing out. CKI HOLDINGS, as a conservative player, has hardly any independent market performance. The short-term key point lies in whether it can leverage policy expectations or dividend themes to attract a wave of main funds to ignite momentum. The market shows that the 5-day and 10-day moving averages continue to exert pressure, and the MACD is still gradually retreating, with clear signs of loosening high-level chips. The recent rebound failed to break through the resistance level, and confidence in the bottom position is gradually being digested, just waiting for an event trigger. From a technical perspective, positions are ready to follow any unusual movements at any time. If there is a significant influx of funds "rushing in," the upward momentum may explode instantly, as main funds often like to pull up a wave in despair. It should be noted that if sector sentiment continues to show no improvement, it may have to continue "grinding at the bottom," but short-term traders have already begun to closely monitor every market fluctuation. Market fluctuations have become a key signal for capturing short-term opportunities, with main funds either suddenly igniting high turnover or grinding through another round
As of the market close on October 28, CKI Holdings (1038.HK) continues to oscillate within a low-volume narrow range, with most funds remaining on the sidelines throughout the day, leading to an extremely dull market atmosphere. Although there were occasional tentative upward movements by the main funds during the trading session, there was no enthusiasm for chasing prices, resulting in a stalemate characterized by a lack of confidence to take action. This is particularly evident as the real estate and infrastructure sectors are generally under pressure, with fund sentiment leaning more towards "buying low and waiting for confirmation," causing many defensive positions to hesitate and observe.
It is worth mentioning that the overall funding situation in the Hong Kong stock market is extremely cautious, with foreign capital continuing to flow out. As a conservative player, CKI Holdings has hardly any independent market performance, and the short-term key point lies in whether it can leverage policy expectations or dividend themes to attract a wave of main fund momentum. The market shows that the 5-day and 10-day moving averages continue to exert pressure, the MACD is still gradually retreating, and there are clear signs of loosening high-level chips. The recent rebound failed to break through the resistance level, and the confidence in the bottom position is gradually being digested, just waiting for an event trigger.
From a technical perspective, positions are ready to follow any unusual movements at any time. If there is a significant influx of funds "rushing in," the upward momentum may explode instantly, as the main funds often like to pull up a wave in despair. It should be noted that if sector sentiment continues to show no improvement, it may have to continue "grinding at the bottom," but short-term traders have already begun to closely monitor every market fluctuation. Market fluctuations have become a key signal for capturing short-term opportunities, with the main funds either suddenly igniting high turnover or grinding through another round.
At this stage, the risk of a sell-off is limited, but there is no unrealistic expectation of a major upward wave. The trading community generally suggests tracking signs of funds rushing in or sudden positive news. As long as there is a significant volume change, the market may break the stalemate. With patience, the main funds' strategy of "quietly doing big things" may emerge at any time, which is currently the biggest opportunity point
