My youtube channel:
https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw
Do support and subscribe to my youtube channel if you like my analysis. Thanks!
I came across an article saying that Xiaomi 12 is well-received and that on Jingdong mall the level of popularity is very high. Though I have not specifically verified this point, the easiest way for me to look at this is to look at the share price.
Today, the general price movement of Xiaomi is that it opened strongly into the early session and testing as high as 18.68 HKD before retracing down to 18.5 HKD and then slowly back to 18.78 HKD before down back to around 18.3+ HKD. It wasnt a strong performance today and so it did slowly recover to around 18.52 HKD but never hold onto the high of the day and make even higher high.
With inflation worries and supply chain disruption, naysayers are definitely going to bite on these points to shortsell Xiaomi shares. Even with the double 11 sales in China being a big event, this did not spur Xiaomi share price higher. I bet that the naysayers will not give up until the 4Q2021 results are out. But who knows what will happen from now till then when our US tech stocks are still showing signs of weakness. I will be doing a youtube video on US tech in the near future so stayed tuned if you are interested.
By the way, I notice that there has been one particular user who dislike my posts. Do feel free to unfollow this community if you do not like the posts in this community.
Another interesting development today is that I saw a news that Tencent is intending to buy Black Shark, a gaming phone maker, which is backed by Xiaomi. Run by a separate management which I think has separate voting rights accrued to the founders of Black Shark, I do think Xiaomi can make decent profit from this investment except that Tencent will end up getting a headsup from arming its gadgets for its metaverse empire in China and the world!!!
One last note, unless Xiaomi share price can break 19.2 HKD strongly, the current price structure still edges towards the weak side though the support now is around 17.5 HKD, which the naysayers and the shortsellers will do their best to "Fake" a sale below this price. Lets just see if the partial sale of Xiaomi stake in Black Shark (deal specifics not released) will be used for another share buyback mandate for Xiaomi!
With people wondering whether to click onto my youtube link, here are just some comments from my viewers. Also to note that I have 27,000 subscribers on Tiger Brokers.
"Impressed with your research, analyzed and well-organized chart, looking forward your youtube channel always!"
"Most YouTube investment videos irritate me with their stupidity but yours was truly educational. If you ever feel the need to write, I hope you will write for Seeking Alpha."
"Great analysis. Thanks and keep up the great work"
"Good analysis"
"Very nice summary of the issues to be considered by investors in Chinese ADRs."
"thank you very much for your sharing. I will continue to pay attention to your analysis"
"Hi, just want to comment that your video quality is quite good. Understand that the channel at the moment is not yet growth in popularity yet, but please keep doing man. Thank you"
Below are some of the youtube videos that I have released so far:-
As always, this should not be construed as any investment or trading advice.
$Xiaomi Corp.(XIACF)$ $小米集团-W(01810)$ $腾讯控股(00700)$ $虎牙(HUYA)$ $网易(NTES)$
精彩评论