Xiaomi has received Nanshui inflow of more than HK $ 7.6 billion for 30 consecutive days. The rising momentum may be related to repurchases, the prospect of being included in the Hang Seng Composite Index, and active management adjustments.
Editor’s note: This article is from Huasheng Securities , author charliehua.
On January 17, Xiaomi Group surged more than 9%, and its stock price surged to HK $ 13.46. This is also Xiaomi’s market value of HK $ 320 billion since December 2018.
According to Xiaomi ’s historical low of 8.35 Hong Kong dollars on November 22, 2019, Xiaomi has achieved a huge increase of more than 60% in two months!
It is interesting that when the Xiaomi Group, which has “the first stock of young people”, went public on July 9, 2018, the issue price was HK $ 17. At the time, the founder of Xiaomi Lei Jun said in an interview that as long as he held Xiaomi for a long time, he would be able to make money and double his income.
The powerful voice was still in my ears, but Xiaomi’s subsequent performance all the way down to HK $ 8 also made the young people realize for the first time the feeling of being “deep.” So, can Xiaomi rush to HK $ 17 for the strong, so that young people can get rid of it?
Source: Huasheng Securities
First of all, from the perspective of the first kinetic energy that caused Xiaomi to rise, this possibility is possible. Xiaomi’s first major upside momentum is the continuous purchase of funds from the South-Hong Kong Stock Connect.
Source: wind, Huasheng Securities
As of January 16, 2020, Xiaomi Group has obtained a net inflow of funds to the south for 30 consecutive days, accumulating about 7.62 billion Hong Kong dollars. From the overall data, Hong Kong stocks