Morning Trend | DAHSING BANKING experiences intraday fluctuations, is there a chance for a rebound if it holds the key price level?

On January 15th, DAHSING BANKING (2356.HK) experienced a slight outflow of funds during the trading session, with the price center continuously sinking and significant pressure on fluctuations throughout the day. The banking sector was generally affected by narrowing interest margins and external risk disturbances, with little movement in major orders and a strong overall wait-and-see sentiment in the market. Recently, the frequent abnormal movements of Hang Seng Index heavyweight stocks have further heightened the market's risk-averse mentality, leading to greater negative expectations for the banking sector. DAHSING BANKING itself has no substantial positive developments, and its market performance is slightly weaker compared to the broader market. On the news front, the Hong Kong Monetary Authority reiterated last week the bottom line for financial stability, which briefly attracted some capital backflow but still failed to boost medium- to long-term confidence. From a technical analysis perspective, the MACD indicator has clearly turned downward, forming a death cross in the short term, while the KDJ and RSI are also fluctuating in the oversold range, with some funds attempting to speculate on a rebound from oversold conditions. The key price level around HKD 10.5 during the session may exacerbate bearish sentiment if breached, triggering a new round of declines. If sector risks further spread, a significant drop in volume cannot be ruled out. It is recommended that investors focus on defensive strategies, closely monitor intraday movements and news trends, and decisively reduce positions if necessary to respond to systemic risks