---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39391813.md"
description: "$XIAOMI-W(01810.HK) opened lower and continued to decline, dropping over 6 points. It seems the order lock-in data fell far short of institutional expectations. I said last night that the ADR trend didn't look good, and someone argued that the small volume was meaningless. I'm speechless. After playing Xiaomi for so long, don't you know how the ADR works? I even made two posts specifically about this last year, so I won't repeat it. Simply put, it reflects an emotional trend, not a 100% predictor for the next day's Hong Kong stock market, but it's usually correct. Moreover, the volume was several times higher than usual, increasing the probability. I wanted to adjust my position into bull warrants at yesterday's close. I sold but couldn't buy in time, missing it by just one second. By a twist of fate, I avoided today's crash. Now I'm going in with half to see what happens 🙂"
datetime: "2026-03-20T01:59:59.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39391813.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39391813.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39391813.md)
author: "[牙签](https://longbridge.com/en/profiles/18523906.md)"
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/topics/39391813.md) | [繁體中文](https://longbridge.com/zh-HK/topics/39391813.md)


# $XIAOMI-W(01810.HK) opened lower and continued to …


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## Comments (16)

- **FreeBird2025 · 2026-03-20T06:37:46.000Z**: Lei Jun (nicknamed "Lei Bu Si") invited Shu Qi to endorse the SU7, which should increase sales by tens of thousands of units, right?
- **东港恶霸 · 2026-03-20T03:34:30.000Z**: I can confirm that I saw you post last night about the unusual sharp drop in Mizi as soon as it happened. You really do understand Mizi, 😂
  - **牙签** (2026-03-20T03:38:01.000Z): Spending every day together, sharing a deep connection 😊
  - **东港恶霸** (2026-03-20T03:42:21.000Z): Haha 😂, indeed the one you love the most hurts you the deepest.
- **买什么多看三天 · 2026-03-20T02:27:39.000Z**: I already gave a warning based on Xiaomi's historical behavior yesterday 🥹
  - **牙签** (2026-03-20T02:40:25.000Z): Impressive, I've even broken even playing with US stocks, but I still can't let go of my love for Millie 🥺
  - **买什么多看三天** (2026-03-20T02:56:40.000Z): It's all hate, it's been all hate for a long time😁😁😁
- **寅风渡 · 2026-03-20T02:20:46.000Z**: You guessed it right
- **炒家的投资之路 · 2026-03-20T02:15:10.000Z · 👍 1**: A painful price to pay. I even added to my position yesterday, originally just wanted to make a small profit from day trading.
  - **牙签** (2026-03-20T02:16:34.000Z): It's an unavoidable thing; it's simply impossible to predict before release.
  - **炒家的投资之路** (2026-03-20T02:18:37.000Z): Mainly Niu 31 recovery
  - **牙签** (2026-03-20T02:20:11.000Z): Don't panic, the one I just entered is also a 31 call.
- **那什么拯救一只垃圾股 · 2026-03-20T02:07:43.000Z · 👍 1**: The lock-in orders are definitely not as expected, and many people are still arguing. Moreover, most of the press conference content was used by short sellers to drive down the price. It can only be said that retail investors cannot stabilize the market in a downtrend. Even the best positive news is
  - **牙签** (2026-03-20T02:10:49.000Z): Remember last year's spectacle after the YU7 release? Probably can't go back to 31.