Hong Kong Stock Movement: CRYPTO FLOW rises 15.87%, with active capital inflow, attracting market attention to the sector trend?

Hong Kong Stock Movement

CRYPTO FLOW rose 15.87%, with no significant news recently. Trading is active, and capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation.

Stocks Ranked Among the Top in Industry Transaction Volume

Kingsoft Cloud rose 1.32%. Based on recent news,

1. On November 7th, Kingsoft Cloud experienced intraday movement against the backdrop of overall differentiation in the cloud computing sector, with trading volume significantly increasing compared to the previous day. Although it has not completely shaken off short-term technical pressure, market capital activity has rebounded compared to earlier periods, attracting more market attention. The stock tested the resistance of the 5-day and 10-day moving averages multiple times during the day, with temporary support stabilizing around HKD 7.05, showing relatively strong patience and confidence among right-side traders.

2. Recently, some cloud computing vendors have initiated a new round of price wars, raising concerns that Kingsoft Cloud may be passively drawn in, adding uncertainty to the sector and intensifying intraday sentiment fluctuations. On the technical side, MACD has just shown a bearish signal, and overall buying power in the sector has weakened, with a short-term pressure pattern likely to continue.

3. In the current market environment, capital is looking for trading "stories" within the sector. If there is a policy stimulus or an unexpected positive development in the industry, Kingsoft Cloud may welcome a rapid switching window. However, without sustained increasing volume, low-level consolidation and repeated testing of support areas remain the main melody at present. Overall, market confidence still appears fragile, sector performance is differentiated, and short-term operations need to focus on the rhythm of intraday trading and risks exposed by changes in industry policies. Proper position control and dynamic risk management may be key to participating in the current market. The cloud computing sector is overall differentiated, with capital activity rebounding.

GDS Holdings Limited fell 0.18%. Based on recent key news:

1. On November 7th, GDS Holdings Limited's market was sluggish, with main capital observing and trading volume shrinking. The demand for AI servers has cooled, leading to decreased capital activity in the data center sector and a strong wait-and-see atmosphere. The stock price found short-term support at HKD 24.6, with a resistance level at HKD 26.8 not being breached, resulting in low-level fluctuations. Source: Zhitong Finance. AI demand has cooled, and the industry is in a strong wait-and-see mood.

New Oriental Education & Technology Group fell over 5% yesterday. Based on recent news,

1. On November 7th, New Oriental Education & Technology Group continued to maintain a weak consolidation, with significant divergence in main buying power in the data center industry. The company has no new core orders landing, with only sporadic rumors of industry orders being released. The support at HKD 3.35 was repeatedly tested during the day, with no effective signs of a rally, resulting in overall sluggishness. The industry is constrained by cooling AI demand, and capital expenditure expansion is slowing down. On the technical side, the daily K-line shows no clear guidance, and MACD remains weak, with hotspots fluctuating unpredictably. Some capital is cautiously waiting for new opportunities from news. During the day, it is essential to track large order movements and industry dynamics closely, as any substantial positive news may drive short-term volatility. As market sentiment fluctuates, it is crucial to guard against sudden changes in liquidity and risk exposure within the sector, patiently waiting for signals of main capital return and hotspot recovery. The data center industry is affected by cooling AI demand, and capital expenditure expansion is slowing down Stocks Ranked Among the Top by Market Capitalization in the Industry

YunGongChang, up 0.75%, with a market capitalization of HKD 1.927 billion, has no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation