It turns out there's a physical limit to short selling. I thought short selling funds could be unlimited.

Longbridge - 热血青年
热血青年

Xiaomi: The last dance for shorts in 2025, counterattack to crush shorts begins in 2026!

According to the latest market structure and securities lending data as of December 23, 2025 (comprehensive information from HKEX, broker SBL systems, and third-party securities lending platforms), I break it down for you as follows: 🔑 Key conclusion (first the main points): The actual number of Xiaomi Group shares available for short selling is approximately 780–800 million, accounting for 3.62%–3.72% of the total issued shares (21.534 billion), and the available securities are extremely tight, nearing exhaustion. This means: Short sellers almost have "no shares to borrow," making large-scale short selling extremely difficult...

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