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Because the real estate stocks in Hong Kong stock market are very light, because a large number of stocks are held by Evergrande and rongchuang, and the shareholding ratio is more than 75%, or even 80%. There are very few stocks in the market that are really in circulation. A small trading volume can influence the market trend. So, you can see that the daily trading volume of Evergrande and rongchuang in Hong Kong stock market is very limited, which is not worth mentioning in China.
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The last trading day before the festival was up, and it was down for six trading days. I mentioned the fluctuation rhythm of five to six days before the festival. At present, the market has not yet jumped out of this rhythm. But the longer the duration of this wave rhythm (starting from February 28), the closer it will be to the end of this wave rhythm. You can focus on this wave of rebound. I think the probability of ending in this wave of rebound is very large. If it only rebounds for less than two or three days and then goes down again, it can be judged that the fluctuation rhythm of this time is over. If the rebound lasts for more than 6 days, it can also be judged that the fluctuation rhythm of this time is over.