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Industrial and Commercial Bank of China (1398.HK): Fluctuations after capital push, focus on whether weights can drive a breakthrough

Industrial and Commercial Bank of China (1398.HK) continued to attract mainstream capital in today's early trading, with the overall volume of the banking sector expanding, and the weight characteristics significantly supporting the stability of the Hong Kong stock market. However, after the main force lifted the stock price to the previous concentrated trading area, the upward momentum gradually slowed down, with increased intraday fluctuations and frequent switching between bulls and bears. This week, the central bank continued its accommodative tone, releasing incremental liquidity, which has driven a surge in market willingness to allocate to heavyweight bank stocks. However, looking at the day, the trading volume of Industrial and Commercial Bank of China has shrunk, and the main force's breakthrough intention is limited by short-term profit-taking. Technically, the K-line structure remains bullish, with short-term trading above the main moving averages, and the bullish trend has not changed. However, the RSI has shown a golden cross and then retreated, which may indicate that the upward trend is about to face adjustment. If new incremental funds continue to appear within the sector, Industrial and Commercial Bank of China is expected to lead other heavyweight stocks to achieve a high-level breakthrough, continuing the style switch from stagnation. Conversely, if trading volume continues to be weak, it may enter a consolidation period, with increased demand for short-term pullbacks. It is recommended that investors take trading volume as the core barometer, pay attention to industry opportunities brought by policy and macro signals, and cautiously control trading rhythm in a short-term environment of repeated speculation, avoiding blind chasing of highs

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