Morning Trend | IDT INT'L (167.HK) breaks downwards, funds in weak sectors are scattered

IDT INT'L (167.HK) has recently fallen into a weak oscillation pattern, and yesterday it once again broke below the previous low during intraday trading, with the main force's enthusiasm for buying clearly declining. Overall liquidity remains limited, with selling pressure dominating the market, and the sentiment of observing and avoiding the small-cap distribution sector is rapidly spreading, leading to repeated new lows in this phase, with investment psychology becoming more conservative. There are no significant changes in market news, and the small-cap distribution sector still lacks hotspots, with funds more inclined to flow into blue-chip or high liquidity varieties. The company has no favorable catalysts this week, and buying interest is sparse, resembling a tangible deleveraging, with the main force showing basically no incremental actions. The technical aspect indicates overall weakness, with key indicators continuing to decline; even occasional short-term rebounds struggle to attract follow-up buying. Intraday fluctuations are quickly overwhelmed by selling pressure, and market confidence is nearly at a bottom. Moving forward, it is necessary to be vigilant about changes in fund flows at the end of the trading session and whether there are positive marginal news in the morning session. If there is no sustained capital intervention, the risk of a secondary decline in the short term is significant. It is advisable to remain on the sidelines, strictly manage risk, and unless there is a major reversal in fundamentals, active intervention is not recommended