Morning Trend | SINO LAND steadily rises, how much further can "real estate recovery" go?

On December 1st, SINO LAND (83.HK) continued to rise during the trading session, driven by the theme of 'real estate recovery' which boosted industry confidence. Multiple regions have continuously introduced measures to optimize the housing market, with significant news such as the merger of purchase restrictions in Guangzhou and Shenzhen, and official window guidance enhancing industry enthusiasm. Overall, capital is gradually flowing back into the sector, and investor sentiment has noticeably warmed. Technically, although SINO LAND's trading volume did not explode on a single day, a bullish structure dominates, and a head-and-shoulders bottom pattern is gradually taking shape, increasing expectations for a short-term breakout. However, volatility near recent highs has also significantly intensified, and the slow release of trading volume during the session indicates that a wait-and-see atmosphere still exists among investors. Sector rotation and expectations for policy support are continuously alternating, with main players relatively concentrated in their operations. Future focus will be on the sustainability of policy stimulus and fluctuations in the interest rate curve. If there is a funding disruption or negative industry events, the short-term correction space may be amplified. Operational advice is to pay attention to the performance of key moving averages and interval support, as marginal changes in volume, price, and sector sentiment will determine whether the strength can be sustained