$XTALPI(02228.HK) MM's money is also borrowed, so it can't keep going down indefinitely, because, from the data, it's clear that most of the chips are still with MM. Is this logic reasonable? From the past few days, there are signs that HK$9 is its defensive line, and too low a price may lead to a margin call. Considering the current liquidity, the defensive strength seems quite good. Hope this guess is reasonable.
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