Rate Of Return$XIAOMI-W(01810.HK)After Xiaomi's share placement in December 2020, the price peaked at HK$35.9 in January, representing an increase of approximately 40%.
On March 26, Xiaomi announced a placement of 800 million shares at HK$52.80-54.60 per share, which may put short-term pressure on the stock price. The price is expected to fluctuate between HK$47.12 and HK$55.32.
Technical analysis forecast: Before April 3: Daily price fluctuations are expected to be significant. For example, the predicted price on April 2 is HK$56.36 (highest HK$60.87, lowest HK$51.85).
Early April: If the market digests the impact of the placement, the stock price may rebound to the range of HK$55-59.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
