After a sharp rise in the Hong Kong stock market, it is now adjusting, waiting for the release of CPI and midterm election results.
Funds are waiting and watching, and I also took the opportunity to profit from the previous short selling. $BYD Company Limited (002594.SZ)$ I have a bearish position, and the stock market god continues to sell stocks. I also seized the opportunity to profit.
$MEITUAN-W (03690.HK)$ I am staying still for now, holding SC and some bear warrants. After all, it doesn't feel comfortable to have a bearish position in the Hong Kong stock market. Of course, I won't impulsively short sell individual stocks, otherwise it is easy to get trapped. This kind of market condition is not easy, bottom fishing and betting on rebound may not always work, and short selling on highs can also be trapped at any time.
$MEITUAN-W (03690.HK)$ Funds have a tendency to speculate on the upside, but there are still some variables. I believe as long as it can hold steady between 15,600 and 15,800, the escape door should still open.
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