$Hang Seng TECH Index(STECH.HK)5400 points lost, already broken support level;

$SSE Index(000001.SH)3816 points lost, already broken support level;

$XIAOMI-W(01810.HK)40 HKD not yet lost, but breaking this level would signal a dangerous reversal!

Hang Seng Tech and Shanghai Composite have broken their support levels. Xiaomi is on the edge of a reversal—let's see if it can hold at 40 HKD.

Yesterday I posted that Southbound capital has already added 28 billion HKD to Xiaomi, meaning many are heavily invested. Now the market trending downward—if those Southbound investors can't hold on and start panic-selling Xiaomi, the stock will face pressure from both sides! The shareholding ratio is also declining—keep a close eye on it.