UB#XIAMIRP2812K

THELLOY DEV

LOTUS HORIZON

MIRICOR

NIU HOLDINGS

DAISHOMICROLINE

MODERN CHI MED

CHINA TIANRUI

MSCTECH

NORTH MINING

SEVEN ELEMENTS

01810

00800

09888

XIACY

BABA

09868

09988

KBAB

The NASDAQ Golden Dragon China Index initially closed down 2.8%, with a cumulative decline of about 5.5% this week. Among popular Chinese concept stocks, XPeng initially closed down 8.3%, Xiaomi fell 7.9%, Nio dropped 7.8%, Baidu decreased by 3.99%, Alibaba fell 1.9%, and WERIDE rose 2.17%

Wallstreetcn

XIAOMI-W

WERIDE-W

BIDU-SW

NASDAQ Golden Dragon China Index

Xiaomi Corporation

NIO-SW

Alibaba

XPENG-W

Baidu

BABA-W

Direxion FTSE China Bull 3X

Krne Csi China Internet

KraneShares 2x Long BABA Daily ETF

iShares MSCI China

BABX

The Hang Seng Index continued to decline today, closing down 223 points at 25,277 points, while the National Index and the Hang Seng Tech Index fell by 121 points and 123 points, respectively. Alibaba and Xiaomi's stock prices were under pressure, with Alibaba's stock price dropping 6.3% to HKD 123.7, due to its third fiscal quarter results falling far short of expectations. Southbound funds had a net outflow of HKD 21 billion today, marking the second highest in history. U.S. stocks and oil prices also experienced fluctuations, with overall market sentiment being low

AASTOCKS

CAM HS TECH

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

BABA 2x Long Daily ETF - GraniteShares

ChinaAMC Hang Seng Technology ETF(QDII)

Dacheng Hang Seng Technology ETF(QDII)

GX HS TECH

Tianhong Hang Seng TECH ETF(QDII)

Penghua Hang Seng TECH ETF(QDII)

ISHARESHSTECH

HSTECH ETF

China Southern Hang Seng TECH ETF(QDII)

CSOP HS TECH

Hang Seng TECH ETF I

The Market Review: The Hang Seng Index continues to decline, with northbound capital flowing out 21 billion; Alibaba and Xiaomi face selling pressure

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02828

The total short selling amount in the Hong Kong stock market reached HKD 60.02 billion, accounting for 34.3% of the tradable shortable shares. The previous day was 27.1%. Major shorted stocks include TRACKER FUND with a short selling ratio of 36.3% and a short selling amount of HKD 7.33 billion; Xiaomi Corporation-W with a short selling ratio of 43.3% and a short selling amount of HKD 4.25 billion; HSCEI ETF with a short selling ratio of 58.7% and a short selling amount of HKD 3.8 billion; Alibaba-W with a short selling ratio of 21.5% and a short selling amount of HKD 3.72 billion; and Southern Hang Seng Technology with a short selling ratio of 40.9% and a short selling amount of HKD 2.15 billion

TRACKER FUND

HSCEI ETF

The total short selling in the Hong Kong stock market for the day was HKD 60.02 billion, accounting for 34.3% of the turnover of shortable stocks

03808

03750

00175

02259

06869

09973

00100

SINOTRUK(03808) rose 8.4%, with a trading turnover 561.9 Million HKD, and a year-to-date rose 37.4%. CATL(03750) rose 8.39%, with a trading turnover 4.3 Billion HKD, and a year-to-date rose 38.1%. XIAOMI-W(01810) fell 8.59%, with a trading turnover 13.5 Billion HKD, and a year-to-date fell 15.5%. BABA-W(09988) fell 6.29%, with a trading turnover 25.7 Billion HKD, and a year-to-date fell 13.4%.

- The Hang Seng Index fell by 0.88%, with a year-to-date decline of 1.4%, while the Hang Seng Tech Index dropped by 2.48%, down 11.7% year-to-date.  
- China National Heavy Duty Truck (03808) increased by 8.4% with a trading volume of HKD 560 million, up 37.4% year-to-date, and Contemporary Amperex Technology (03750) rose by 8.39% with a trading volume of HKD 4.29 billion, up 38.1% year-to-date.  
- Conversely, Xiaomi Group-W (01810) decreased by 8.59% with a trading volume of HKD 13.46 billion, down 15.5% year-to-date, and Alibaba-W (09988) fell by 6.29% with a trading volume of HKD 25.68 billion, down 13.4% year-to-date.

Top Gainers & Losers

SINOTRUK

CATL

GEELY AUTO

ZIJIN GOLD INTL

YOFC

CHERY AUTO

MINIMAX-W

Top 5 HK Stock Gainers/Losers (>100B) (3.20)

STECH

The Hang Seng Index closed at 25,277 points, down 223 points or 0.9%; the Hang Seng TECH Index reported 4,872 points, down 123 points or 2.5%. Xiaomi Corporation fell over 8%, and Alibaba dropped over 6%. CATL and CNOOC hit new highs, with a transaction volume of 342.518 billion yuan. Among active stocks, Li Ning rose 8.6%, and Geely increased by 6.4%

Hang Seng TECH Index

Hang Seng Index

CNOOC

CHINA BLUECHEM

According to the All-Day Express, the Hang Seng Index closed at 25,277 points, down 223 points; the Hang Seng TECH Index closed at 4,872 points, down 123 points. Xiaomi Corporation fell over 8%, Alibaba dropped over 6%, CATL, CNOOC, and Qingsong Health reached new highs with active trading

159323

159565

515030

516380

516110

Shares of Xiaomi (XIACY) fell over 7% in Hong Kong trading, making it the worst performer on the Hang Seng Tech Index. Investors are concerned about the profitability of its new SU7 electric vehicle, priced only 1.9% higher than the previous model, which may not offset rising costs. Earlier in the week, shares had surged by 12% due to optimism surrounding the launch.

- Shares of Xiaomi (HK:1810) fell over 7% in Hong Kong due to concerns about profitability from its new SU7 electric vehicle.  
- The SU7 sedan's starting price of 219,900 yuan is only 1.9% above its predecessor, raising doubts about its ability to cover rising costs.  
- Prior to the launch, optimism had driven shares up by 12%, making the subsequent decline notable as it became the worst performer on the Hang Seng Tech Index.

Tip Ranks

ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF

E Fund CSI Auto Components Thematic ETF

Hua Xia CSI New Energy Vehicles ETF

Hwabao WP CSI Intelligent Electric Vehicle ETF

Guotai CSI 800 Automobile and Parts ETF

Why Is Xiaomi Stock Plunging Today, 03/20/26?

00700

The short selling amount in the Hong Kong stock market reached HKD 26.86 billion in the first half of the day, accounting for 20.6% of the total shortable stock turnover of HKD 130.29 billion. The previous day was 27.1%. Major shorted stocks include TRACKER FUND with a short selling ratio of 26.4% and a short selling amount of HKD 4.33 billion; XIAOMI-W with a short selling ratio of 34.1% and a short selling amount of HKD 2.7 billion; BABA-W with a short selling ratio of 15.5% and a short selling amount of HKD 2.04 billion; HSCEI ETF with a short selling ratio of 40% and a short selling amount of HKD 1.99 billion; and TENCENT with a short selling ratio of 16.8% and a short selling amount of HKD 1.01 billion

TENCENT

The short selling in the Hong Kong stock market for half a day was HKD 26.86 billion, accounting for 20.6% of the turnover of shortable stocks

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03931

Hong Kong stocks fell 160 points in the half-day session, with the Hang Seng Index at 25,340 points, the National Index down 82 points, and the Hang Seng Tech Index down 84 points. Alibaba and Xiaomi's stock prices fell 5.8% and 6.9%, respectively, dragging down the market. Alibaba's net profit in the third fiscal quarter saw a significant decline, while Xiaomi raised the prices of its new models. Other tech stocks generally declined, but some new energy stocks performed strongly, with CATL and CALB rising 4.7% and 8.8%, respectively

LI NING

CALB

"Hong Kong Stocks" The Hang Seng Index fell 160 points in the first half of the day, Alibaba and Xiaomi were under pressure, while Geely and Li Ning rose sharply

- Xiaomi Group's stock price fell 6.8% to 33.84 HKD, marking the largest single-day percentage decline since September 26.  
- The decline brought the stock to its lowest level since March 16 and made it the biggest loser among the Hang Seng Index and Hang Seng Tech Index.  
- CEO Lei Jun announced an investment of at least 60 billion RMB (approximately 8.7 billion USD) in artificial intelligence over the next three years, coinciding with the launch of their new AI model MiMo-V2-Pro.

Reuters

BUZZ-China's Xiaomi loses most in six months; plans $8.7 billion in AI investment

01883

The Hang Seng Index closed at 25,340 points, down 160 points or 0.6%; the Hang Seng TECH Index reported 4,911 points, down 84 points or 1.7%. Xiaomi Corporation fell over 6%, Alibaba dropped over 5%. LI NING, GEELY AUTO, and Xinyi Solar performed strongly, rising 10.7%, 7%, and 6% respectively. Easy Health and CITIC TELECOM reached new highs

CITIC TELECOM

The Half-Day Report: The Hang Seng Index closed at 25,340 points, down 160 points; the Hang Seng TECH Index closed at 4,911 points, down 84 points. Xiaomi Corporation fell over 6%, Alibaba fell over 5%, and Lighter Health and CITIC TELECOM reached new highs

PLUS

HXXD

81810

688111

NVDA

INTC

04335

NVDL

07788

07388

NVDY

NVDD

NVDX

NVDQ

1) Xiaomi Spring Launch: Key Points. $XIAOMI-W(01810.HK) The event's highlights were the SU7 refresh and progress on its AI foundation model. a) New-gen SU7: essentially a mid-cycle refresh. Exterior changes are minor, with the focus on hardware upgrades and a small price bump. On configs, the update favors the Standard and Pro trims. Across the lineup, standard kit now includes the V6s Plus super e-motor, lidar and 4D mmWave radar, NVIDIA Thor-U, the Jiaolong chassis, and front four-piston fixed calipers. Pricing-wise...

Xiaomi (Spring Launch): SU7 gets a quiet refresh; MiMo free for a limited time to climb the charts

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UBS released a research report stating that Xiaomi's new SU7 series is competitively priced in a fiercely competitive market and has extended the early bird discount. Xiaomi founder Lei Jun is confident in AI capabilities, expecting AI investments to exceed RMB 16 billion this year, with a total investment of RMB 60 billion over the next three years. UBS maintains a target price of HKD 38 for Xiaomi, giving it a "Neutral" rating

UBS: Xiaomi's new SU7 pricing is competitive, maintaining a "Neutral" rating

Xiaomi's stock price fell over 6% during intraday trading

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My Investment Diary

[Day 12] My Investment DiarySea of red is creeping up!Season beatings and ongoing sale while waiting for Payday...

Lion-OCBC Sec HSTECH S

XIAOMI-WR

Xiaomi HK SDR 2to1

ThaiBev

i think gold and silver will rebound and uptrend towards previous high again once war ends.

Valenxis

Total asset size ranks among the top 20% of account holders
Calculated based on  your Longbridge (Singapore) A/C

Total Assets

Current rate of return reached top 50% of users
Calculated based on  your Longbridge (Singapore) A/C

Rate Of Return

I am very bullish on SNDK, I believe the momentum will continue strong. The supply shortage is not going to be resolved anytime soon! I personally hold this stock!

Sandisk

MingHwa

Current rate of return reached top 10% of users
Calculated based on  your Longbridge (Singapore) A/C

It's good to finally see some food news for alibaba, it has been in the down trend for months. The company is also laying off roughly 30% of its workforce. Hopefully the trend will reverse!

GabyWoon

Total asset size ranks among the top 70% of account holders
Calculated based on  your Longbridge (Singapore) A/C

Current rate of return reached top 90% of users
Calculated based on  your Longbridge (Singapore) A/C

Morning ☕️ Middle East tension = oil/gold rollercoaster. Alibaba aiming for $100B AI revenue. Xiaomi's new EV + mega AI model. What's your play today? 👇

BABA-WR

Lumentum

SPDR Gold Shares

iShares Silver Tr

Pro Ultr Silver

GLD SG

CNMC Goldmine

United States Oil Fund LP

XPeng

ZIJIN MINING

Zijin Mining

DELTON

FIT HON TENG

TIME INTERCON

☕️ Daily Market Talk | March 20, 2026

Alibaba HK SDR 5to1

It's good to see xiaomi with some tailwinds news right now. It has been getting wrecked for the past 6 months. Hopefully this fresh start is enough to reverse the trend!

The optical Comms and memory sector appears to be the market darling now after Anthropic sparked the Saaspocalypse which swept through multiple sectors, it seems that the above 2 belong to the physical layer and would not be susceptible to another narrative of AI killing [you name it].

Wonder how many analysts will now revise away their 6000/oz projection fir gold for year end? The risks of global recession are growing bigger with each day Iran bombs its neighborhood oil facilities. The drag is making poor every one, not to mention the ecological damage. Silver and other metals are suffering. Only the factories are rejoicing.

Gold &amp; Oil still a solid macro hedge with inflation and geopolitics in play, but the recent move feels like a positioning shakeout. Fundamentals haven’t changed → buy gold on dips, trade oil volatility, don’t chase spikes.Alibaba core business remains soft (+2% growth), but AI/cloud is clearly the bright spot with sustained triple-digit momentum. Story is improving, just slowly → AI drives a gradual re-rating, not a sharp breakout.Xiaomi Execution on EVs is strong (SU7 buzz is real), but margins will stay tight in a price war. AI adds a longer-term angle → near-term moves driven by EV hype, long-term upside tied to AI positioning

Gold.com

Filter out the noise and look at what matters most in the market - Price. That is the most important and accurate market indicator out there!

Xiaomi launching EV at $21.9k with LiDAR standard intensifies price war. Margins will be squeezed across sector

UB#XIAMIRP2812K(63467.HK)

The NASDAQ Golden Dragon China Index initially closed down 2.8%, with a cumulative decline of about 5.5% this week. Among popular Chinese concept stocks, XPeng initially closed down 8.3%, Xiaomi fell 7.9%, Nio dropped 7.8%, Baidu decreased by 3.99%, Alibaba fell 1.9%, and WERIDE rose 2.17%

The Market Review: The Hang Seng Index continues to decline, with northbound capital flowing out 21 billion; Alibaba and Xiaomi face selling pressure

The total short selling in the Hong Kong stock market for the day was HKD 60.02 billion, accounting for 34.3% of the turnover of shortable stocks

Top 5 HK Stock Gainers/Losers (>100B) (3.20)

According to the All-Day Express, the Hang Seng Index closed at 25,277 points, down 223 points; the Hang Seng TECH Index closed at 4,872 points, down 123 points. Xiaomi Corporation fell over 8%, Alibaba dropped over 6%, CATL, CNOOC, and Qingsong Health reached new highs with active trading