$XTALPI(02228.HK)• Today's short selling data: 5.753 million shares sold short, turnover of 54.40 million HKD

• Recent reference: March 20 short sold 3.91 million shares (11.62% of turnover), earlier single-day short selling once reached 11.77 million shares, with single-day short selling amount exceeding 400 million HKD at the peak in January

• Conclusion: Today's short selling volume is far below historical highs and also below recent active levels, indicating a significant weakening of short selling pressure

2. Linkage between market movements and short selling behavior

• Intraday trend: The stock opened low and fluctuated upward, hitting a high of 9.7 HKD, closing at 9.6 HKD, up 3.56%, breaking previous highs multiple times during the day

• Capital performance: Turnover of 563 million HKD, volume ratio 1.07, buy orders were significantly stronger than sell orders in the afternoon, especially during the price surge phase, selling pressure did not increase significantly

• Short selling signal: Short selling volume decreased as the stock price rose, indicating that short positions actively reduced opening new positions when the price rebounded, and some shorts may have even covered their positions, resulting in the combination of 'price up + short selling down'