
$XIAOMI-W(01810.HK) The average shorting cost for short positions from the end of September to the end of January was close to 40.86. If we add the average cost of new short positions in February, it's even closer to 40, meaning short sellers will start losing money if the price rises another 10%. Today's big rally saw only a net outflow of 100 million from Stock Connect (for Hong Kong), indicating strong confidence from mainland capital. As the saying goes, below 35 is a good price if there are no new negative developments for the company. However, blindly chasing the rally now is hard to say, especially since there was no volume in the afternoon... Day trading is still possible. It would be great when the turnover reaches tens of billions. At such times, the battle between bulls and bears is often fierce, often marking a reversal point (success leads to a sustained rise, failure leads to a sustained gradual decline).
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