📈 Market ReviewThe Hong Kong stock market saw a significant pullback last week after a month of strong gains. $Hang Seng Technology Index (HSTECH)$ led the decline, down 7.6% last week, while real estate, health care and insurance sectors also underperformed. Meanwhile, traditional high dividend-paying sectors such as energy and utilities performed solidly.📉 Analysis of the causes of callbacksThe pullback in the market was not surprising, especially after the large gains accumulated in the short term. Analysts noted that the market was overbought and sentiment was overdrawn, approaching the target level of 19,000 to 20,000 points.🚀 Risk appetite repairThe main impetus for the current rally came from the repair of risk appetite, espe
Target Price for Xiaomi After Earnings?
Xiaomi's net profit for the first quarter was 6.5 billion yuan, an increase of 100.8% year-on-year. What's your target price for Xiaomi? Can Xiaomi ride the electric vehicle wave back to HKD 25?
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