---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39482057.md"
description: "$XIAOMI-W(01810.HK) The ADR performed surprisingly okay, no flash crash, hope tomorrow will be gentle."
datetime: "2026-03-24T14:15:01.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39482057.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39482057.md)
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author: "[leggoli](https://longbridge.com/en/profiles/12170474.md)"
---

# $XIAOMI-W(01810.HK) The ADR performed surprisingly…


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## Comments (3)

- **牙签 · 2026-03-24T15:44:07.000Z**: It's quite restrained to have risen this little. The ADR surged over four points during the session on the night of the Q3 earnings report, and the Hong Kong stock market opened lower and continued to decline the next day... Retail investors and institutions interpret the earnings differently.
- **见路不走0379 · 2026-03-24T14:18:58.000Z**: The short positions are all in Hong Kong stocks, and ADRs just follow along.
  - **leggoli** (2026-03-24T14:31:03.000Z): That 8-point move on Friday was still reflected in the ADR, although the trading volume was very small.