$XIAOMI-W(01810)$ long only and sovereign wealth funds bought into Xiaomi share placement. There were people who commented that the big boys have exited but let's be realistic, the sovereign wealth funds and long only funds have to get approval with their investment committee to get the approval to subscribe to Xiaomi placement shares which are issued at 53.25 hkd per share... They don't go into an investment for a few months. But let's say it Xiaomi rallies significantly to 400 hkd, of course they may exit...
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