Morning Trend | BANK OF ZHENGZHOU continues to decline, key support in tug-of-war, is the rebound window still far away?

Zhengzhou Bank (6196.HK) has recently shown weak performance, with the stock price continuing to decline and repeatedly testing key support levels. There has been no significant sign of strength in the early trading session. The MACD death cross pattern persists, and the momentum histogram is moving downward, indicating that bearish momentum is dominant. In terms of trading volume, the main funds are in a wait-and-see mood, with no clear bottom-fishing signals, only scattered short-term funds speculating around the key support area. The financial sector is under pressure, and the market's risk appetite is decreasing, further accelerating the short-term pressure on Zhengzhou Bank. The main support area is concentrated in the HKD 1.70-1.75 range; if it holds today, a technical rebound is expected in the short term; otherwise, there is a risk of a further rapid decline if it breaks down. For short-term operations, it is advisable to pay attention to whether the intraday volume warms up and any unusual movements of main funds: if it breaks through HKD 1.80, a light position can be taken for a quick entry; if it falls below HKD 1.70, swift stop-loss measures should be taken to manage risks. There are currently no substantial positive news, and the industry continues to face headwinds, leading to a weak atmosphere for going long. Overall, the rebound window for Zhengzhou Bank has not yet opened; investors are advised to patiently wait for the stabilization of key support levels and volume cooperation, adopting a defensive stance in the interim, and avoiding blind bottom-fishing

Morning Trend | BANKOFZHENGZHOU faces downward pressure, is the capital's wait-and-see sentiment escalating?

Zhengzhou Bank (6196.HK) has recently shown weak performance, closing yesterday at a new low, reflecting the overall atmosphere of anxiety in the small and medium-sized bank sector. Influenced by widespread discussions on credit risks related to real estate and local government financing vehicles, the overall sentiment in financial stocks is under pressure, with Zhengzhou Bank experiencing a significant lack of capital support, and buying interest is scarce. Although the overall trading volume did not drastically shrink throughout the day, it remained moderate, and the short-term trend further weakened under the dominance of short sellers. From a technical perspective, the MACD shows a clear death cross, with momentum continuing to decline, and the daily K-line has recorded consecutive bearish candles, indicating that the technical rebound momentum has almost failed. Main funds are reallocating around risk aversion, leading to increased market divergence between bulls and bears, with some conservative funds fleeing and defensive accounts dominating, while some local funds are shifting towards low-risk varieties. In the short term, as a focal stock, Zhengzhou Bank is easily influenced by marginal policy dynamics during trading. If there is no easing from the policy side for a prolonged period, the lack of liquidity support could further widen the price fluctuation range, triggering spillover risks at the industry level. Combining technical and market logic, Zhengzhou Bank may need to wait for a complete release of risks and a trading window brought about by emotional recovery. Currently, the focus is on risk prevention, with optimism for capital inflow and incremental signals after sufficient adjustments. Any unusual movements, large orders, and market rumors should be closely monitored to prevent unforeseen events from exacerbating systemic risk exposure

BANKOFZHENGZHOU released its performance for the first three quarters, with a net profit attributable to shareholders of RMB 2.279 billion, a year-on-year increase of 1.56%

According to the Zhitong Finance APP, Zhengzhou Bank released its performance for the first three quarters of 2025, achieving an operating income of 9.406 billion yuan, a year-on-year increase of 3.81%; the net profit attributable to the bank's shareholders was 2.279 billion yuan, a year-on-year increase of 1.56%. The basic earnings per share were 0.25 yuan

Hong Kong stocks of domestic banks continue to rise, with Agricultural Bank of China increasing by over 1% to set a new historical high, recording a 10-day winning streak. Bank of Chongqing, CZBANK, ZHENGZHOU BANK, China Merchants Bank, Industrial and Commercial Bank of China, CITIC BANK, and Bank of China all saw gains

China Pingmei Shenma Holding Group Co., Ltd. signed a strategic cooperation agreement with BANKOFZHENGZHOU

According to ZHENGZHOU BANK, on October 14th, China Pingmei Shenma Holdings Group Co., Ltd. and ZHENGZHOU BANK held a signing ceremony for a strategic cooperation agreement