Weekly Recap | XIAOMI-W -6.26%, short-selling pressure persists
Weekly Review·
- Xiaomi Group-W shares declined 6.26 % to 24.24 HKD over 3 trading days, underperforming the Hang Seng Index by 3.54 percentage points amid sustained short-selling pressure and sector rotation.
- The company announced that September deliveries of Xiaomi automobiles exceeded 40,000 units, while 36 covered institutions maintained a consensus buy rating with an average target price of 36.22 HKD.
- Market participants will closely monitor subsequent short-selling trends, automotive delivery performance, and broader macroeconomic indicators near the 24,000-point market level.
