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$小米集团-W(01810)$ 

My youtube channel:-

https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw

This will not be a long article. Has Xiaomi truly found bottom at 19 HKD or 18 HKD is a better and safer support levei?

Actually, I am really not too bothered about it and has been adding Xiaomi shares yet again after it was within the 19 to 19.7 HKD range. My video on youtube has explained why I have done so:-

https://youtu.be/glRHKF1fQkU

I am buying Xiaomi for the long run and given the opposite side in terms of monetary policies taken by China and US, the release of liquidity into the Chinese markets, which I believe will come soon may possibly provide a catalyst for the Chinese stocks listed in Hong Kong some support. The question is whether such support will come early or will it only come after the general markets go down another leg. For people who want as big a margin of safety, they may choose to wait. For people like me, who can take the risk but am adding slowly, using a portfolio management approach, the best price purchase may not be that meaningful or significant to me.

Yes, I do pay commissions for adding in small volume but given that commission is slow low these days except for the Hong Kong stamp duty, this strategy has done me relatively well without having a significant block of shares bought at high prices... While I pay commission, you will also realise that I am paying to Tiger Brokers (which I am a retail shareholder).. So all in all, its a win win for me... $老虎证券(TIGR)$ $富途控股(FUTU)$ Tiger Brokers has almost 300,000 funded accounts from Singapore and is winning more... (but regulatory headwinds had caused the price to tank significantly, representing another bargain buy for me to add shares slowly...)

youtube link on tiger brokers: https://youtu.be/TWRlkrQxk4Q

if you are keen.

My recognition of the stage of the market has kept me over-deploying capital in the past, which explains why I still have ample capital and cash on the sideline to add more shares for my long term investment... There is no one size fit all strategy for all and one has to know himself/ herself in order to deploy a suitable strategy for oneself.

As always, this should not be construed as any investment or trading advice.