Multi-Agent Financial Analysis

HOLD 0700.HK at HK$428.40 — maintain existing exposure at normal weight only if the position is not oversized; add nothing here and initiate no fresh shorts into support. Keep 411.90 (~1.5x ATR, at the June structure low) as the hard invalidation for the remaining core, and treat a decisive high-volume close below 419.40 as an early-warning reduce trigger (cut at least half). If oversized, trim up to one-third into the 436–442 cluster. Let the volatility coil resolve before committing new risk — resolution window roughly 1–3 months.