$Shougang Lanza(02553.HK) fell four to five percentage points, and $TIANLI HOLDINGS(00117.HK) directly dropped -13%. Small-cap Hong Kong stocks, as usual on low-volume days, had their liquidity drained. There's no news, no logic, just a free fall after buy orders disappeared.
The rebound of such stocks never gives any warning, but would you dare to buy in without any fundamental anchor? I feel even trying to catch a bounce is too early at this level—for stocks with dried-up liquidity, there's no bottom in sight.
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