Has the rebound opportunity arrived? Hong Kong stocks welcome a strong start in May
Baidu's multiple indicators show oversold conditions, forming a short-term rebound pattern
On March 5, the closing price was 115.9 yuan, up 0.78% for the day, with a trading volume of 2.047 billion yuan. The stock price has been continuously retreating from the previous high of 161 yuan, and the closing price that day was very close to the lower Bollinger Band on the daily chart, placing it in a relatively low area recently.
![$BIDU-SW (09888.HK)$ On March 5, the closing price was 115.9 yuan, up 0.78% for the day, with a trading volume of 2.047 billion yuan. The stock price has been continuously retreating from the previous high of 161 yuan, and the closing price that day was very close to the lower Bollinger Band on the daily chart, placing it in a relatively low area recently. From a technical indicator perspective, the stock's closing price is far below key moving averages such as MA10, MA30, and MA60, with the moving average system showing a standard bearish alignment, reflecting caution in the medium- to short-term trend. The RSI index is at 29, officially entering the oversold zone, indicating that the short-term downward momentum has slowed. On the previous day (the 5th), our [HK Stocks Broadcast][Share Link: March 5th [HKEX Podcast] - Hang Seng Index, CATL, Huaneng Power, JD.com, Baidu, Zijin Mining]There are also commentaries on Baidu, noting that after a period of sustained adjustment, the stock closed at 115.9 yuan near the lower Bollinger Band. Many investors are watching whether, if the stock price can stabilize above the 115 yuan level, it would be a good opportunity to add positions. From a technical signal perspective, Baidu showed a strong buy pattern that day, recording 13 buy signals and 5 sell signals, leaning overall toward bullishness in the short term.Specifically, support levels can be referenced at the first support of 109.8 yuan and the second support at 95.6 yuan, while resistance levels correspond to the first resistance at 128.9 yuan and the second resistance at 144.7 yuan.Investors interested in taking positions should focus on observing the buying pressure near the support levels before making specific deployment decisions. $Hang Seng Index (800000.HK)$$CATL (03750.HK)$$HUANENG POWER (00902.HK)$$JD-SW (09618.HK)$$ZIJIN MINING (02899.HK)$ ...](https://nnqimage.futunn.com/sns_client_feed/1162342/20260306/web-1772763841926-SydSXda3nA.png/big?area=1&is_public=true&imageMogr2/ignore-error/1/format/webp)
From a technical indicator perspective, the stock's closing price is far below key moving averages such as MA10, MA30, and MA60, with the moving average system showing a standard bearish alignment, reflecting caution in the medium- to short-term trend. The RSI index is at 29, officially entering the oversold zone, indicating that the short-term downward momentum has slowed.
On the previous day (the 5th), our [HK Stocks Broadcast]March 5th [HKEX Podcast] - Hang Seng Index, CATL, Huaneng Power, JD.com, Baidu, Zijin MiningThere are also commentaries on Baidu, noting that after a period of sustained adjustment, the stock closed at 115.9 yuan near the lower Bollinger Band. Many investors are watching whether, if the stock price can stabilize above the 115 yuan level, it would be a good opportunity to add positions. From a technical signal perspective, Baidu showed a strong buy pattern that day, recording 13 buy signals and 5 sell signals, leaning overall toward bullishness in the short term.Specifically, the support levels can be referenced as the first support at HKD 109.8 and the second support at HKD 95.6, while the resistance levels correspond to the first resistance at HKD 128.9 and the second resistance at HKD 144.7.Investors who are interested in taking positions can focus on observing the price support near the support level before making specific deployment decisions. $Hang Seng Index (800000.HK)$$CATL (03750.HK)$$HUANENG POWER (00902.HK)$$JD-SW (09618.HK)$$ZIJIN MINING (02899.HK)$
![$BIDU-SW (09888.HK)$ On March 5, the closing price was 115.9 yuan, up 0.78% for the day, with a trading volume of 2.047 billion yuan. The stock price has been continuously retreating from the previous high of 161 yuan, and the closing price that day was very close to the lower Bollinger Band on the daily chart, placing it in a relatively low area recently. From a technical indicator perspective, the stock's closing price is far below key moving averages such as MA10, MA30, and MA60, with the moving average system showing a standard bearish alignment, reflecting caution in the medium- to short-term trend. The RSI index is at 29, officially entering the oversold zone, indicating that the short-term downward momentum has slowed. On the previous day (the 5th), our [HK Stocks Broadcast][Share Link: March 5th [HKEX Podcast] - Hang Seng Index, CATL, Huaneng Power, JD.com, Baidu, Zijin Mining]There are also commentaries on Baidu, noting that after a period of sustained adjustment, the stock closed at 115.9 yuan near the lower Bollinger Band. Many investors are watching whether, if the stock price can stabilize above the 115 yuan level, it would be a good opportunity to add positions. From a technical signal perspective, Baidu showed a strong buy pattern that day, recording 13 buy signals and 5 sell signals, leaning overall toward bullishness in the short term.Specifically, support levels can be referenced at the first support of 109.8 yuan and the second support at 95.6 yuan, while resistance levels correspond to the first resistance at 128.9 yuan and the second resistance at 144.7 yuan.Investors interested in taking positions should focus on observing the buying pressure near the support levels before making specific deployment decisions. $Hang Seng Index (800000.HK)$$CATL (03750.HK)$$HUANENG POWER (00902.HK)$$JD-SW (09618.HK)$$ZIJIN MINING (02899.HK)$ ...](https://nnqimage.futunn.com/sns_client_feed/1162342/20260306/web-1772763978184-BLq4gVZChg.png/big?area=1&is_public=true&imageMogr2/ignore-error/1/format/webp)
On March 5, the technology sector where Baidu operates showed a highly synchronized technical pattern, with several key stocks exhibiting similar oversold characteristics. Among them, $BABA-W (09988.HK)$ The closing price was HKD 126.3, down 2.77% for the day, with an RSI of only 23, indicating an extremely oversold condition. The comprehensive indicator signaled a buy with strength 11. $TENCENT (00700.HK)$ The closing price was HKD 502.0, down 0.79% for the day, with an RSI of 28, also entering the oversold range. The comprehensive indicator signaled a buy with strength 7. $MEITUAN-W (03690.HK)$ The closing price was HKD 74.5, down 1.19% for the day, with an RSI as low as 21, making it one of the most oversold stocks in the sector that day. The comprehensive indicator signaled a buy with strength 11. $KUAISHOU-W (01024.HK)$ The closing price was HKD 59.6, up slightly by 0.08% for the day, with an RSI of 31, close to the oversold zone. The comprehensive indicator gave a strong buy signal with strength 13. $JD-SW (09618.HK)$ The closing price was HKD 96.95, down 1.07% for the day, with an RSI of 27 entering the oversold zone. The comprehensive indicator also signaled a strong buy with strength 13.
The common characteristic across the entire tech sector is that all individual stock prices are below their major moving averages, with RSI indices generally entering the oversold region. Multiple technical indicators collectively triggered buy signals, forming a clear sector-wide oversold divergence. The likelihood of a short-term technical rebound has increased, but the medium- to long-term trend still requires further observation of moving average and volume dynamics.
Review of Warrant Bull-Bear Products:
Looking back at the Baidu-related CBBC bull-bear products selected on February 27, they recorded significant gains over the following two days, corresponding with the underlying stock’s performance during the same period. Among them, $UBBAIDU@EP2607A.P (20739.HK)$The increase reached 21% over the following two days, $UB#BAIDURP2812D.P (65178.HK)$The increase was 22% over the following two days, $BIBAIDU@EP2607A.P (20719.HK)$The increase also reached 15% over the following two days. The performance of these products generally aligns with earlier technical analysis and provides investors with effective references for derivative operations.
![$BIDU-SW (09888.HK)$ On March 5, the closing price was 115.9 yuan, up 0.78% for the day, with a trading volume of 2.047 billion yuan. The stock price has been continuously retreating from the previous high of 161 yuan, and the closing price that day was very close to the lower Bollinger Band on the daily chart, placing it in a relatively low area recently. From a technical indicator perspective, the stock's closing price is far below key moving averages such as MA10, MA30, and MA60, with the moving average system showing a standard bearish alignment, reflecting caution in the medium- to short-term trend. The RSI index is at 29, officially entering the oversold zone, indicating that the short-term downward momentum has slowed. On the previous day (the 5th), our [HK Stocks Broadcast][Share Link: March 5th [HKEX Podcast] - Hang Seng Index, CATL, Huaneng Power, JD.com, Baidu, Zijin Mining]There are also commentaries on Baidu, noting that after a period of sustained adjustment, the stock closed at 115.9 yuan near the lower Bollinger Band. Many investors are watching whether, if the stock price can stabilize above the 115 yuan level, it would be a good opportunity to add positions. From a technical signal perspective, Baidu showed a strong buy pattern that day, recording 13 buy signals and 5 sell signals, leaning overall toward bullishness in the short term.Specifically, support levels can be referenced at the first support of 109.8 yuan and the second support at 95.6 yuan, while resistance levels correspond to the first resistance at 128.9 yuan and the second resistance at 144.7 yuan.Investors interested in taking positions should focus on observing the buying pressure near the support levels before making specific deployment decisions. $Hang Seng Index (800000.HK)$$CATL (03750.HK)$$HUANENG POWER (00902.HK)$$JD-SW (09618.HK)$$ZIJIN MINING (02899.HK)$ ...](https://nnqimage.futunn.com/sns_client_feed/1162342/20260306/web-1772764021188-YFLxLiQrA4.png/big?area=1&is_public=true&imageMogr2/ignore-error/1/format/webp)
Selected Warrant Products:
In combination with Baidu's technical patterns on the same day, we have selected three related warrant products for investors' reference. Investors can choose suitable contracts based on their risk tolerance and judgment of the underlying stock’s movement, while paying attention to key factors such as out-of-the-money levels, leverage, implied volatility, and expiration dates.
1、 $GJBAIDU@EC2605A.C (20480.HK)$With 6.6x leverage and a strike price of 128.38 yuan, its leverage and implied volatility are relatively ideal, making it suitable for investors optimistic about a short-term rebound in the underlying stock;
2、 $HUBAIDU@EC2606B.C (20326.HK)$Leverage is 6.4x, with a strike price of 128.28 yuan. Compared to other products, it has relatively higher leverage and the lowest implied volatility, which investors seeking high-leverage returns may focus on;
3、 $JP#BAIDURC2701A.C (54798.HK)$The actual leverage is as high as 7.7x, with a recovery price of 105 yuan and lower premiums, also suitable for capturing short-term rebound opportunities in the underlying stock, though the associated risks from the recovery price should be noted.
![$BIDU-SW (09888.HK)$ On March 5, the closing price was 115.9 yuan, up 0.78% for the day, with a trading volume of 2.047 billion yuan. The stock price has been continuously retreating from the previous high of 161 yuan, and the closing price that day was very close to the lower Bollinger Band on the daily chart, placing it in a relatively low area recently. From a technical indicator perspective, the stock's closing price is far below key moving averages such as MA10, MA30, and MA60, with the moving average system showing a standard bearish alignment, reflecting caution in the medium- to short-term trend. The RSI index is at 29, officially entering the oversold zone, indicating that the short-term downward momentum has slowed. On the previous day (the 5th), our [HK Stocks Broadcast][Share Link: March 5th [HKEX Podcast] - Hang Seng Index, CATL, Huaneng Power, JD.com, Baidu, Zijin Mining]There are also commentaries on Baidu, noting that after a period of sustained adjustment, the stock closed at 115.9 yuan near the lower Bollinger Band. Many investors are watching whether, if the stock price can stabilize above the 115 yuan level, it would be a good opportunity to add positions. From a technical signal perspective, Baidu showed a strong buy pattern that day, recording 13 buy signals and 5 sell signals, leaning overall toward bullishness in the short term.Specifically, support levels can be referenced at the first support of 109.8 yuan and the second support at 95.6 yuan, while resistance levels correspond to the first resistance at 128.9 yuan and the second resistance at 144.7 yuan.Investors interested in taking positions should focus on observing the buying pressure near the support levels before making specific deployment decisions. $Hang Seng Index (800000.HK)$$CATL (03750.HK)$$HUANENG POWER (00902.HK)$$JD-SW (09618.HK)$$ZIJIN MINING (02899.HK)$ ...](https://nnqimage.futunn.com/sns_client_feed/1162342/20260306/web-1772764061518-2iXdBGIMYs.png/big?area=1&is_public=true&imageMogr2/ignore-error/1/format/webp)
![$BIDU-SW (09888.HK)$ On March 5, the closing price was 115.9 yuan, up 0.78% for the day, with a trading volume of 2.047 billion yuan. The stock price has been continuously retreating from the previous high of 161 yuan, and the closing price that day was very close to the lower Bollinger Band on the daily chart, placing it in a relatively low area recently. From a technical indicator perspective, the stock's closing price is far below key moving averages such as MA10, MA30, and MA60, with the moving average system showing a standard bearish alignment, reflecting caution in the medium- to short-term trend. The RSI index is at 29, officially entering the oversold zone, indicating that the short-term downward momentum has slowed. On the previous day (the 5th), our [HK Stocks Broadcast][Share Link: March 5th [HKEX Podcast] - Hang Seng Index, CATL, Huaneng Power, JD.com, Baidu, Zijin Mining]There are also commentaries on Baidu, noting that after a period of sustained adjustment, the stock closed at 115.9 yuan near the lower Bollinger Band. Many investors are watching whether, if the stock price can stabilize above the 115 yuan level, it would be a good opportunity to add positions. From a technical signal perspective, Baidu showed a strong buy pattern that day, recording 13 buy signals and 5 sell signals, leaning overall toward bullishness in the short term.Specifically, support levels can be referenced at the first support of 109.8 yuan and the second support at 95.6 yuan, while resistance levels correspond to the first resistance at 128.9 yuan and the second resistance at 144.7 yuan.Investors interested in taking positions should focus on observing the buying pressure near the support levels before making specific deployment decisions. $Hang Seng Index (800000.HK)$$CATL (03750.HK)$$HUANENG POWER (00902.HK)$$JD-SW (09618.HK)$$ZIJIN MINING (02899.HK)$ ...](https://nnqimage.futunn.com/sns_client_feed/1162342/20260306/web-1772764061519-gcgmbRwkl6.png/big?area=1&is_public=true&imageMogr2/ignore-error/1/format/webp)
In this tech sector rebound, do you prefer short-term trading or will you continue to wait and see?Feel free to share your insights in the comments section.
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Reminder: This article does not constitute any investment advice.
This article is for reference only and does not constitute any investment advice. The market data, opinions, and analysis contained herein may change at any time without prior notice. We are not responsible for any loss or damage caused by reliance on the information in this article. Technical analysis only shows whether certain technical conditions are met; a comprehensive assessment of asset performance should be conducted using additional data. Decisions to trade should not be based solely on this article. Please note that past performance is not indicative of future results.
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