
$XTALPI(02228.HK) The stock is one thing. Jingtai has corrected nearly 25% for two consecutive days. I believe the correction pressure from this rally has been largely released, but there is indeed a potential risk worth noting. A friend @慢慢來不要急 just reminded me about the issue of the US dollar index. We see that the Hang Seng Tech Index has corrected nearly 8%. If there is an unexpected liquidity issue with the US dollar, leading to a shrinkage in Hong Kong stocks, it could be quite troublesome—a systemic loss of liquidity. The characteristic of Hong Kong stocks is that they rely on external liquidity, hence the market is known for 'long bears and short bulls.' Most funds are just in for a quick trade. Be cautious.
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