Morning Trend | CN INT DEV CORP fluctuates at a high level, leading to market discussions on the sustainability of the main upward trend

CN INT DEV CORP (264.HK) is currently in a high-level tug-of-war state, with a sustained bullish main upward trend but signs of divergence appearing. Technically, the stock price is running above the short and medium-term moving averages, with multiple moving averages providing good support. Although there is still inflow of main funds, the intensity has somewhat diminished, and short-term chip divergence has significantly increased. On the industry side, the company benefits from support from mainline industrial policy, with stable performance growth attracting value-oriented capital inflow. From the market perspective, the fluctuation range is gradually increasing, and intraday volatility is intensifying, with fierce discussions around the sustainability of the main upward trend. If short-term trading volume can effectively expand and the price stabilizes at a new high, the market space is expected to further open up. The risk warning lies in the divergence of high-level funds and the intensified market rotation; if funds continue to net outflow, the stock price may undergo a phase adjustment. Investors need to flexibly adjust tactics based on real-time fund movements and the performance of leading stocks in the same sector, avoiding unilateral heavy positions. Long-term holders are advised to pay attention to the company's fundamentals and the impact of policy variables on valuation, and to gradually accumulate positions on dips