$SMIC(00981.HK)This stock is also cursed, similar to Xiaomi. There are still bad actors in Hong Kong. Under the same share, same rights principle, it should at least rise to 0.92 times the A-share price, which equals 86 HKD.

If it can't rise, it only shows that most Hong Kong capital is still Western-educated. When something exists in both China and the West, they assume the Chinese version is inferior.

The result is Hong Kong continues to adjust, trapped in reflexivity, until the pearl falls! They should actually leverage their geographical advantage to reap profits—neither bullish nor bearish, just observe objectively. 🇨🇳Bullish is bullish, 🇺🇸bullish is also bullish; 🇨🇳bearish is 🈳, 🇺🇸bearish is also 🈳!

Only then can they reclaim their status as an international financial hub. Learn from Singapore and Vietnam!