Yuyue|Nov 05, 2026 08:27
Gold prices are recovering, and Xiaomi, which I've been holding for six months, is nearing break-even again.
The last time I added to my Xiaomi position was a month ago when Huawei ran into trouble. At that time, the price of 26 was just a passing fad, but in the past few weeks, it's shown signs of bottoming out. Let's see if it can break through the previous high.
Considering the recent surge in Indian stocks, I suspect this might be due to institutions like Unwind trading pair trades between US semiconductor stocks and Indian/Hong Kong stocks.
However, I shouldn't expect it to be sustainable. Hong Kong stocks are still a relatively low-value market.
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