HUXIAMI@EP2610B

LEOCH INT'L

STARGLORY HLDGS

TRANSTECH

METASPACEX

INTELLIMARK W27

BEST FOOD HLDG

SHANDONG MOLONG

EXTREME VISION

GLOBALSTRAT

PT INTL DEV

XIACY

01810

Guosheng Securities has reaffirmed its Buy rating for Xiaomi (XIACF) with a price target of HK$50.00. This follows a similar Buy rating from DBS’s Jim Hin Kwong Au on March 26. In contrast, UOB Kay Hian maintained a Hold rating on Xiaomi on March 25.

- Guosheng Securities has maintained a Buy rating on Xiaomi with a price target of HK$50.00.  
- DBS's Jim Hin Kwong Au also issued a Buy rating on Xiaomi on March 26.  
- In contrast, UOB Kay Hian retained a Hold rating on Xiaomi on March 25.

Tip Ranks

Xiaomi Corporation

XIAOMI-W

Guosheng Securities Sticks to Their Buy Rating for Xiaomi (XIACF)

TCEHY

513040

512380

KBAB

513770

BABX

EBIZ

01070

00175

03690

On April 2, the three major Hong Kong stock indices were under overall pressure during intraday trading, with the Hang Seng Tech Index falling by over 2%. Profit-taking pressure was released, and market sentiment remained weak. The internet sector collectively declined, with Alibaba and Xiaomi both dropping more than 4%. Shandong Molong delivered a standout performance, surging 19.90% against the trend during the session, with turnover exceeding HK$3.1 billion. On the macro front, focus remains on import/export fluctuations and PMI data, as the foundation for economic recovery still needs consolidation

- As of April 2, Hong Kong's major stock indices faced pressure, with the Hang Seng Index dropping 1.30% to 24,965.78 points.  
- The electronics sector struggled due to weak downstream demand, influencing major companies like TCL Electronics and Skyworth, while the internet content sector declined amid tighter regulations and overall market adjustments.  
- Investors are closely monitoring external trade data amid ongoing economic recovery concerns, with specific stocks like Shandong Molong and Geely Automobile showing significant gains.

Market Heartbeat

Tencent

E Fund CSI HK Connect Internet ETF

Yinhua MSCI China A ETF

iShares MSCI China

KraneShares 2x Long BABA Daily ETF

Hwabao CSI HK Equities Internet ETF

Krne Csi China Internet

Invesco Golden Dragon China

BABA 2x Long Daily ETF - GraniteShares

iShares China Large Cap

Global X E-commerce ETF

Direxion FTSE China Bull 3X

Tencent Holdings Limited

TCL ELECTRONICS

SKYWORTH GROUP

GEELY AUTO

YOFC

CNOOC

SUNNY OPTICAL

SMIC

KNOWLEDGE ATLAS

MEITUAN

HK Stocks Intraday | Tech Stocks Under Pressure as Alibaba Falls 4.07%; Shandong Molong Surges 19.90% Against the Trend

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The short selling amount in the Hong Kong stock market reached HKD 20.79 billion in half a day, accounting for 31.9% of the trading volume of shortable stocks. This is an increase from 16.5% the previous day. The main shorted stocks include: TRACKER FUND with a short selling ratio of 65% and a short selling amount of HKD 2.03 billion; XIAOMI-W with a short selling ratio of 47.9% and a short selling amount of HKD 1.56 billion; CSOP HS TECH with a short selling ratio of 65% and a short selling amount of HKD 860 million; BABA-W with a short selling ratio of 25.3% and a short selling amount of HKD 720 million; BYD COMPANY with a short selling ratio of 61% and a short selling amount of HKD 660 million

AASTOCKS

BABA-W

BYD COMPANY

CSOP HS TECH

TRACKER FUND

The short selling in the Hong Kong stock market for half a day reached HKD 20.79 billion, accounting for 31.9% of the total turnover of shortable stocks

GELHY

BABA

GELYY

After Trump's speech at the White House, oil prices rose, and U.S. stock futures fell by 1% to 1.5%. After the Hong Kong stock market opened, the Hang Seng Index opened down 39 points, with the decline expanding to 291 points, closing at 25,016 points, down 277 points or 1.1%. Alibaba and Xiaomi fell by 3.5% and 4.1%, respectively, while Geely rose by 6.5% against the trend. Geely Auto's sales hit a record high, and Citigroup raised its target price to HKD 27, maintaining a "Buy" rating. Newly listed stocks performed actively, with ZEEKR rising by more than 20%

- Following President Trump's morning speech announcing a military victory, oil prices increased while Hong Kong's Hang Seng Index opened down 39 points and saw losses extend to a low of 25,003, closing at 25,016, down 277 points or 1.1%.  
- Major tech stocks like Alibaba and Xiaomi faced declines, influencing the index's performance, while Geely Motors rose over 6% after reporting record vehicle sales.  
- U.S. futures index declined by 0.5% to 1.5%, reflecting uncertainties in the market despite bullish sentiments from Trump's comments on the Iran conflict.

Stheadline

GEELY AUTOMOBILE HOLDINGS LIMITED SPON ADS EACH REP 20 ORD

Alibaba

Geely Auto

Trump's anti-climax: US stock futures drop over 1%, Hong Kong stocks fall 277 points in half a day, Alibaba and Xiaomi face selling pressure, Geely rises 6% against the trend | Hong Kong stock market opens

The Hong Kong stock market fell due to U.S. President Trump's tough remarks on Iran, with the Hang Seng Index down 276 points at 25,017 points, the National Index down 83 points, and the Hang Seng Tech Index down 104 points. Xiaomi's stock price dropped over 4%, and technology stocks generally declined, with Tencent and Alibaba falling 1.7% and 3.5%, respectively. Oil and coal stocks performed relatively well, with PetroChina and CNOOC slightly rising. The overall market turnover was HKD 116.197 billion

"Hong Kong Stocks" Hang Seng Index down 276 points in half a day, AI stocks decline, Xiaomi falls over 4%

STECH

00HSI

02837

520920

The Hang Seng Index closed at 25,017 points, down 276 points or 1.1%. The Hang Seng TECH Index reported 4,651 points, down 104 points or 2.2%. Xiaomi Group fell over 4%, Alibaba fell over 3%, and MEITUAN fell over 3%. Geely, Bank of China, Guofu Quantum, Weili Zhibo-B, and Huishang Bank reached new highs

Hang Seng TECH Index

Hang Seng Index

GX HS TECH

Tianhong Hang Seng TECH ETF(QDII)

The Half-Day Report: The Hang Seng Index fell by 276 points; the Hang Seng TECH Index dropped by 104 points. Xiaomi Group fell over 4%, Alibaba fell over 3%, and MEITUAN fell over 3%. Geely, Bank of China, Guofu Quantum, Weili Zhibo-B, and Huishang Bank reached new highs

00700

On April 2, all three major Hong Kong stock indices weakened intraday, with the HSI falling 1.01%, failing to return to the previous trading day's high. Hardware, retail, and internet content sectors declined across the board, led by leading stocks like Xiaomi Group, Alibaba, and Tencent Holdings. Market turnover was active, while YOFC and GEELY AUTO stood out by bucking the trend. Investors are focusing on changes in market volume and macroeconomic recovery guidance

- On April 2, 2026, Hong Kong's three major indices declined, reflecting cautious market sentiment.  
- The Hang Seng Index fell 1.01% to 25,037.41, unable to surpass its previous high, while the tech sector led the losses with Tencent dropping 1.33%.  
- Market participants are closely monitoring upcoming economic data to gauge recovery prospects, amidst a strong US dollar affecting performance.

TENCENT

POP MART

Hong Kong Stocks Intraday | Three Major Indices Collectively Weaken, Hardware and Retail Slump, XIAOMI-W Drops 3.87%

07766

516380

TSLR

515030

Xiaomi has appointed former Tesla China general manager Kong Yanshuang to enhance its EV sales and channel management amid slowing growth. Kong will replace Li Xiaorui and focus on optimizing Xiaomi EV's sales system. Additionally, another Tesla veteran, known as "Eason," has joined the advisory department, indicating strategic importance. Xiaomi's retail model has been influenced by Tesla, but recent emphasis on product over sales capabilities has led to high turnover. The company aims to improve sales efficiency as it targets 550,000 unit deliveries for 2026, following a recent launch of the new SU7 model.

- Former Tesla China general manager Kong Yanshuang has joined Xiaomi EV to enhance automotive sales and optimize the sales system amid slowing growth.  
- Xiaomi is restructuring its sales team by incorporating Tesla veterans, including another executive with Giga Shanghai experience, to address sales challenges as market demands shift from rapid growth to refined operations.  
- The company's March deliveries surpassed 20,000 units, but they remain below expectations; to meet its 2026 target of 550,000 units, Xiaomi must improve its sales conversion efficiency.

CnEVPost

XL2CSOPTSLA

Hwabao WP CSI Intelligent Electric Vehicle ETF

GraniteShares 2x Long TSLA Daily ETF

Tesla

T-Rex 2X Long Tesla Daily Target ETF

Hua Xia CSI New Energy Vehicles ETF

GraniteShares 1.25 Long TSLA Daily ETF

Leverage Shares 2X Long TSLA Daily ETF

Simplify Volt TSLA Revolution ETF

Direxion Daily TSLA Bull 2X Shares

Xiaomi brings in Tesla veterans to strengthen retail and manufacturing operations

SONY

6758

NVDA

TECH

N6FD

TOYOF

000725

200725

300274

GOOG

GOOGL

09626

BILI

81810

HXXD

Apr 1 | Dolphin Focus: 🐬 Macro/Industry: Leaders of the US and Iran signaled openness to ending hostilities, easing fears of a broader Middle East war. On the back of this, US stocks closed higher on Tue as intl crude pulled back, with WTI and Brent both down, easing inflation worries. In addition, the White House said Trump will address the nation at 9pm ET Wed (9am Beijing Thu) to provide a major update on Iran.🐬 Single stocks: 1) $Taiwan Semiconductor(TSM.US) TSMC's Japan JASM Fab 2 has been upgraded from 6nm to 3nm...

HK market kicks off Apr. with a rally; BILI overhauls recommendation engine | Daily News Recap

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On April 1st, Hong Kong stocks rose across the board, with the Hang Seng Index closing up 2.04% at 25,294.03 points, and the Tech Index rising 2.29%. The internet and retail sectors led the gains, with Tencent and Alibaba making significant contributions, while popular stock KNOWLEDGE ATLAS surged over 31%. The market was buoyed by positive macro data and AI innovation, with active trading, but high-level pressure still needs attention

- On April 1, Hong Kong's three major stock indices rose as risk appetite improved, with the Hang Seng Index closing at 25,294.03, up 2.04%.  
- The technology and internet sectors performed well, benefiting from AI advancements, while the oil and gas sector faced losses due to falling international oil prices.  
- Market focus remains on economic data and potential policy shifts, influencing stock performance and investor sentiment.

CAM HS TECH

ChinaAMC Hang Seng Technology ETF(QDII)

ISHARESHSTECH

HSTECH ETF

Hang Seng TECH ETF I

ZIJIN MINING

China Southern Hang Seng ETF

ISHARESHSI

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

Hong Kong stocks close | Hang Seng Index rises 2.04%, KNOWLEDGE ATLAS surges 31.94% to lead

513130

On April 1, the Hong Kong stock market saw a collective rise in major indices during intraday trading, with the Hang Seng Index up 2.39% and the Hang Seng Tech Index up 2.64%. The internet content and retail sectors performed strongly, with leading stocks such as Tencent Holdings and Alibaba-W significantly boosting market sentiment. The oil and gas sector, influenced by international oil prices, saw a contrarian pullback. Individual stocks like TCL ELECTRONICS and HANSOH PHARMA were active with robust trading volumes, while the market is closely watching macroeconomic data and changes in consumer confidence

- At midday on April 1, Hong Kong stocks rose, with the Hang Seng Index up 2.39% to 25,379.55 points, though it remains below recent highs.  
- The market observed significant movements in innovative sectors, with notable gains from companies such as Zhiyuan and TCL Electronics, while the energy sector faced pressure, highlighted by a drop in CNOOC shares.  
- Investor focus is shifting towards macroeconomic indicators like manufacturing PMI and unemployment rates amidst ongoing fluctuations in exports and trade.

VanEck Retail ETF

CI-LEAP@EC2612A

LEAPMOTOR

WUXI APPTEC

SUN HUNG KAI CO

HANSOH PHARMA

SPDR S&P Retail ETF

Hong Kong Stocks Intraday | Hang Seng Index Rises 2.39%, Internet Retail Strong

The short selling amount in the Hong Kong stock market reached HKD 21.03 billion in the first half of the day, accounting for 17.1% of the total shortable stock turnover of HKD 122.85 billion. The previous day was 18.5%. The main shorted stocks include Xiaomi Corporation (short selling ratio 41.4%, amount HKD 1.11 billion), BYD COMPANY (short selling ratio 41.5%, amount HKD 1 billion), Tencent (short selling ratio 15.1%, amount HKD 730 million), CSOP HS TECH (short selling ratio 20.8%, amount HKD 690 million), and Alibaba (short selling ratio 18.5%, amount HKD 660 million)

The short selling in the Hong Kong stock market for half a day reached HKD 21.03 billion, accounting for 17.1% of the total turnover of shortable stocks

CARZ

159565

516110

159323

Former Tesla China General Manager Kong Yanshuang has joined Xiaomi and will take over automotive sales responsibilities from former Xiaomi Auto Director Li Xiaorui. (Jiemian)

Wallstreetcn

First Trust S-Network Future Vehicles & Tech ETF

E Fund CSI Auto Components Thematic ETF

Guotai CSI 800 Automobile and Parts ETF

ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF

MOTO

Xiaomi EV reported March deliveries exceeded 20,000 units, with the new-generation SU7 electric sedan surpassing 7,000 units. The phrasing suggests total deliveries were below 30,000 due to the SU7's model transition. February saw a year-on-year decline of 14% in deliveries. The SU7 was launched on March 19, with deliveries starting on March 23. Xiaomi aims for an ambitious target of 550,000 annual vehicle deliveries by 2026, following 411,837 in 2025.

- Xiaomi EV reported March deliveries exceeding 20,000 units, with over 7,000 units of the new-generation SU7 electric sedan.  
- This indicates total deliveries remained below 30,000, primarily due to the SU7's model transition and a year-on-year decline in February's deliveries.  
- The company aims for an ambitious target of 550,000 vehicle deliveries in 2026, after delivering 411,837 cars in 2025.

SmartETFs Smart Transportation & Tech ETF

Xiaomi EV says Mar deliveries exceeded 20,000, updated SU7 deliveries topped 7,000

Xiaomi Auto stated that the number of car deliveries in March exceeded 20,000 units. Since the delivery of the new generation SU7 began on March 23, the cumulative deliveries have exceeded 7,000 units

Xiaomi Automobile: Over 20,000 units delivered in March, with more than 7,000 units delivered after the SU7 delivery began

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Trade Showcase

$XIAOMI-W(01810.HK)Just entered this speculative bounce trade 🫣Reason for entry:✔ Near support-discount zone✔ Oversold conditions- Price hugging lower bollinger bands based on 4 hourly charts=statistically stretched✔ Bounce potential😁

XIAOMI-WR

Xiaomi HK SDR 2to1

Today’s Key News Recap

Sony

Sony Group Corporation

Mirae Asset Global Investments Co., Ltd.

NVIDIA

Bio-Techne

TM ADR US

Toyota Motor

Toyota

Blackstone

Taiwan Semiconductor

Sungrow Power Supply

Alphabet - C

Alphabet

BILIBILI-W

Bilibili

$XIAOMI-W(01810.HK)I added more Xiaomi shares into my portfolio today, as it trades near its 52-week low. I am taking a dollar-cost averaging (DCA) approach and staying focused on the long-term potential. With strong momentum in their EV segment, I believe Xiaomi is well-positioned to outperform its peers in the years ahead.

$XIAOMI-W(01810.HK)Is Xiaomi a buy right now 🤔 ? A quick technical &amp; fundamental takeThe bullish case remains compelling:❤️EV revenue surged 221% in 2025, with a 550k delivery target for 2026❤️AI investment accelerating .Over $4B planned through 2027❤️Ecosystem strategy (“Human x Car x Home”) continues to widen its moatBut the charts tell a different short-term story:⏱ 1H View: Neutral / ConsolidatingPrice is hovering around HK$32.64, showing signs of stabilizing after the recent drop. It’s holding above support for now, but momentum is still soft.RSI sits at 48.95 . It is slightly below neutral (50), suggesting weak momentum, but not oversold yet.⏱ 4H View: Weak Trend / No Clear DirectionThe bigger picture shows a lack of strength. With ADX at 19.73, there’s no strong trend .The stock is essentially drifting sideways.Price is currently near the middle of its Bollinger Band range, meaning there’s room to move either way:• Resistance: ~HK$36.80• Support: ~HK$30.77🧠 Bottom LineLong-term investors might see this pullback as a potential entry zone.Short-term traders may want to stay patient and wait for a clear breakout above HK$36.80 before making a move.

President Trump has to do what he needs to do to protect USA interests. It's just that whatever he decides have so much ripple effects to the markets, both stock, commodities and crypto markets. I see hope and future regarding Iran's situation as President Trump is willing to be flexible in his decision-making, always preferring peace rather than all out war. So oil price will come down, gold price will stabilise and the various markets soon be more predictable.

🇺🇸🇭🇰🇸🇬 Big moves across US, HK, SG markets. Join the chat &amp; earn Task Coins!

Robinhood

POP MART HK SDR 20to1

☕️ Daily Market Talk | Mar 25, 2026

HUXIAMI@EP2610B(27378.HK)

HUXIAMI@EP2610B Stock Performance Chart

Guosheng Securities Sticks to Their Buy Rating for Xiaomi (XIACF)

HK Stocks Intraday | Tech Stocks Under Pressure as Alibaba Falls 4.07%; Shandong Molong Surges 19.90% Against the Trend

The short selling in the Hong Kong stock market for half a day reached HKD 20.79 billion, accounting for 31.9% of the total turnover of shortable stocks

Trump's anti-climax: US stock futures drop over 1%, Hong Kong stocks fall 277 points in half a day, Alibaba and Xiaomi face selling pressure, Geely rises 6% against the trend | Hong Kong stock market opens

"Hong Kong Stocks" Hang Seng Index down 276 points in half a day, AI stocks decline, Xiaomi falls over 4%