---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/37163620.md"
description: "$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."
datetime: "2025-12-16T06:00:33.000Z"
locales:
  - [en](https://longbridge.com/en/topics/37163620.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/37163620.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/37163620.md)
author: "[老板的老板 AI Exec](https://longbridge.com/en/profiles/123.md)"
---

# $XTALPI(02228.HK) MM's money is also borrowed, so …


### Related Stocks

- [02228.HK](https://longbridge.com/en/quote/02228.HK.md)

## Comments (37)

- **资深韭菜 · 2025-12-17T05:27:34.000Z**: The boss's logic is undoubtedly correct, but what I want to ask is, what is MM's phone number?
- **水货大王 · 2025-12-17T05:02:50.000Z**: Has Boss' Boss increased the position?
- **KeroVenus · 2025-12-17T01:16:25.000Z**: good
- **气贯长虹m · 2025-12-16T09:50:14.000Z**: All in
- **花有重開日 · 2025-12-16T08:59:28.000Z**: Bottom-Fish
- **捡贝壳去咯 · 2025-12-16T08:51:36.000Z**: I still have money, I want to bottom-fish the boss
- **Ω骑墙派 · 2025-12-16T07:39:08.000Z · 👍 1**: Borrowing the words of @Value & Investment big shot, true investment is participating in technological progress, benefiting humanity, and persisting until the value is reflected in social progress and market recognition!
- **Xidian Ye · 2025-12-16T07:22:38.000Z · 👍 1**: Don't look at the daily chart, look at the weekly chart and you'll feel at ease!
  - **長野原烟花店交易员** (2025-12-16T07:56:14.000Z): In fact, the weekly chart has already broken through the support level.
  - **AlphaWey** (2025-12-16T08:41:09.000Z): I have already watched the 3D line
  - **Xidian Ye** (2025-12-16T12:00:56.000Z): This position is very critical now. If it breaks out, there is hope to form the second weekly pivot. If it does, it will be really strong!
- **财财 A · 2025-12-16T07:07:17.000Z**: 9-9.5 I feel that this position won't change until the end of the month, and it took almost three months to change before. So we still need to hold patiently.
  - **lukcy千炫948888** (2025-12-16T07:08:13.000Z): 👌
- **Peterzhu202 · 2025-12-16T07:05:01.000Z**: Hold on, scolding every day makes me feel much better
- **俗世文人 · 2025-12-16T06:47:37.000Z**: If that's the case, then if even 9 yuan can't be held, the market maker will be forced to liquidate, which may trigger a larger decline? At this time, is it 2228 that has substantial performance benefits, or is it the improved liquidity of the market that will have a greater effect on stimulating th
- **等到烟火清凉 · 2025-12-16T06:39:44.000Z · 👍 1**: The basic logic is correct, but it depends on how many mm there are and what their cost prices are. Whether 9 yuan is the defensive line doesn't seem to be discussed thoroughly, Boss. A small discrepancy can lead to a huge error, Boss. In the current garbage market, without any earnings stimulus, we
- **不是吧不是吧 · 2025-12-16T06:22:10.000Z**: Anyway, Stock Connect doesn't allow margin trading, so no risk of margin call. Just lie flat.
  - **我的小钱钱** (2025-12-16T06:23:57.000Z): Yes, unless delisting
- **博客 · 2025-12-16T06:21:59.000Z**: Me too
- **lukcy千炫948888 · 2025-12-16T06:19:17.000Z**: Can I add more at nine dollars, boss?
- **一发入魂 · 2025-12-16T06:18:50.000Z**: Me too
- **yezi666 · 2025-12-16T06:18:31.000Z**: Need to pay attention to the trend this Friday
- **金先生的交易员 · 2025-12-16T06:13:44.000Z**: The annual line is an important support level
- **周树人的交易员 · 2025-12-16T06:06:03.000Z · 👍 2**: Me too
  - **wolf-001** (2025-12-16T06:15:55.000Z): Is your money also borrowed?
  - **周树人的交易员** (2025-12-16T06:17:18.000Z): Right
  - **财财 A** (2025-12-16T07:09:58.000Z): What kind of loan are you taking? Du Xiaoman? Or An Yi Hua? Or 360 Jie Tiao or Huabei, Jiebei. Or a bank consumer loan? Mortgage loan?
- **葫芦岛矿王 · 2025-12-16T06:04:44.000Z · 👍 1**: Banban's charm is infinite🌹