Morning Trend | PHOENIX TV sees concentrated capital inflow, media sector's speculation atmosphere heats up

Phoenix TV (2008.HK) saw concentrated capital inflow yesterday, with buying pressure continuing to rise in the afternoon, breaking through the recent consolidation range with high volume. Short-term market sentiment is high, boosted by favorable policies and media reports, with funds chasing after leading media stocks. The company has been actively promoting its new media business and collaborating with top platforms, with clear signals of policy support for the revitalization of the cultural and entertainment sector. Under the influence of news catalysts, the stock price is testing the upper band of its recent range, with concentrated intraday trading volume. In the short term, bullish forces are prominent, but the risk of overbuying is also accumulating, with clear intentions from major players to sell high and buy low. The future trend hinges on whether the capital can sustain and if positive news can continue. Short-term participants should closely monitor intraday trading volume and external policy news to guard against hot sector rotations and risk changes. If market sentiment cools and there are significant outflows from major players, the risk of a high-level pullback will increase sharply. It is advisable to take profits in a timely manner or reduce positions in batches to control the pace and prevent rapid declines caused by sudden changes in short-term hotspots