$ZHIPU , honestly this trend is a bit interesting. In the past 24 hours, it’s up +5.20%. It’s been pulled from the low of 79.14 all the way to 84.4, with a swing of 6.6% and turnover of 20.1M. If you look at it as the first stock of Hong Kong’s AI large-model theme, this volume isn’t exactly massive, but it’s enough.

The 83.56 level is quite delicately poised. The 84.4 above is today’s high and a near-term resistance—breaking through will need volume to back it up. The 79.14 below is today’s low and the support zone that it can most recently hold. I’m leaning bullish, but I wouldn’t chase it above 83.5. I’ll wait for a pullback to around 80–81 to enter. Set the stop-loss below 78—if it breaks 79, then today’s bullish candle is just a false move.

The AI narrative on the TradFi side has never really stopped. With $ZHIPU as a scarce large-model target in Hong Kong stocks, the logic of capital paying a premium is still there. It’s just that the whole sector is currently waiting for direction; without fresh incremental inflows, it tends to grind back and forth.

If you really want to act, don’t go all-in at once. Scale in—keep some ammo for yourself.