HENGDELI (3389.HK) reaches a new high in the range, retail consumption sector rotates to the right

On January 23rd, HENGDELI quickly rose to the high point of the phase, with obvious signs of net capital inflow in the market. The retail consumption sector showed some differentiation this week, with frequent positive news in the previous period, including several well-known luxury goods groups announcing plans to continue strengthening their presence in the mainland market in 2026. The expectation of industry recovery has driven leading stocks to strengthen, making HENGDELI the focus of capital attention. During the day, active buying pushed the intraday trend upward, with overall trading volume moderately increasing, and technical indicators maintaining bullish signals. However, profit-taking funds began to emerge in the high area, and the psychological game between buyers and sellers regarding chasing highs and cashing out was evident. The overall market expectation is positive, but short-term pressure is significant, especially when the cumulative increase is large. From a dynamic perspective, the right-side rotation of the retail sector continues, and if there is a lack of strong news to drive the market in the future, the probability of a pullback still exists. It is necessary to continue tracking external positive factors and changes in consumer-related policies, and to reasonably assess the risks of short-term market fluctuations. In terms of operations, if high-level adjustments occur, it is recommended to maintain flexible defense and be wary of short-term volatility