Morning Trend | ZHONGSHENG HLDG faces pressure with reduced volume, is a hot spot switching window approaching?

On December 17th, ZHONGSHENG HLDG (881.HK) experienced a quiet trading day, with the stock price testing the support level of 34.84 yuan, remaining under pressure for several days without relief. Short-term market sentiment is dominated by risk aversion, with major funds maintaining a wait-and-see approach. Technical indicators continue to show a bearish arrangement, and intraday capital flow remains defensive, resulting in low participation. In terms of the industry, the automotive sector is facing destocking pressure, and the effectiveness of favorable policies has not been significant. This week, consumption promotion news from various regions has not directly translated into order growth, leading to an overall slowdown in sector rotation, with small-cap stocks being greatly affected by sentiment. ZHONGSHENG HLDG has recently been consolidating at low levels, with each minor buying by major players triggering intraday volatility. Investors should closely monitor policy stimuli, the performance of core stocks, and sector rotation. Volume remains the core standard for judging trends. Right-side trading should primarily focus on waiting for stable capital inflows and industry event catalysts, patiently awaiting sector signals. Rapid switching of hotspots has led to unpredictable market directions, necessitating vigilance against sudden drops. Positioning and risk management should be integrated throughout the entire operation process