The relevant narrative is the sharp sell-off on April 30 , where the stock hit a one-year low amidst sector-wide weakness and a massive spike in put option activity. While the company continues to roll out AI and cloud innovations, the market sentiment remains overwhelmingly negative heading into the holiday break. Investors should monitor the 463-464 HKD range (the April 30 lows) for potential support or breakdown when trading resumes.
Will this be follow the footsteps of US tech? Let's see.
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