Pre-market trend | CHINA RISUN GP (1907.HK) low-level bullish signals emerged on 4/29, is capital starting to pay attention?

Today, CHINA RISUN GP had a trading volume of approximately HKD 155 million, which is relatively active in recent trading. Bullish signals are beginning to emerge on the daily MACD level. The appearance of this technical pattern usually indicates that the bearish forces during the previous adjustment process are gradually weakening, and the selling pressure at the current price level has eased. In terms of price movement, the stock price of RISUN GP has recently fluctuated repeatedly in the low range, with trading volume showing a moderate recovery, indicating that some funds are gradually accumulating shares at low levels. On the news front, the coking industry is currently in a period of capacity adjustment and price fluctuations, with signs of stabilization in coke prices after a previous decline, providing marginal support for the profit expectations of coking enterprises. On the macro level, domestic policies to stabilize growth continue to be effective, with infrastructure and manufacturing investment maintaining resilience. Although downstream steel demand has not significantly rebounded, it has not further deteriorated. In addition, the overall market sentiment in the Hong Kong stock market was relatively warm today, with both the Hang Seng Index and the National Enterprises Index recording gains, providing a certain bullish atmosphere for small and medium-sized market capitalization targets. From a technical perspective, the current stock price of CHINA RISUN GP is near the lower edge of the recent range, and the emergence of bullish signals at low levels has a certain "bottom testing" implication. However, the overall trading volume of HKD 155 million is relatively small, and the reliability of the signals still needs to be confirmed by subsequent volume increases. If there can be a continuous moderate increase in volume over the next few trading days, the probability of a bottom formation will significantly increase. Overall, bullish signals are beginning to appear in the low range, but the weak volume limits the strength of the signals