Morning Trend | PICC GROUP (1339.HK) Key Support Faces Test

China People's Insurance Group (1339.HK) continued to perform poorly today, with the daily MACD indicator showing a death cross and the stock price unable to stabilize above the short-term moving average. Low trading volume reflects the market's cautious wait-and-see sentiment. The entire insurance sector is under pressure due to declining market liquidity and rising industry payout pressures, complicating valuation. Whether the technical support level of HKD 10.80 can be maintained is an important point of focus; if it breaks, it will further amplify market panic. Investment strategies need to pay attention to subtle changes in individual stocks and sector data, as a warming market awaits more data validation