Boss's Boss
2025.09.01 11:18

$XTALPI(02228.HK) Frankly speaking, I firmly believe that today's movement was pure noise. No normal 'profit-taking' would be executed with such a drastic drop. Therefore, it is highly likely a 'Margin Call' operation. Considering the timing, close to the market close, it was probably a forced liquidation by the broker due to insufficient margin. What is truly encouraging, as I just mentioned, is that Jingtai demonstrated inspiring liquidity today. In just 20 minutes, 100 million shares were traded, accounting for 25% of the day's total, and this happened during the market's closing. This indicates strong market demand for the stock. Whether it was indeed a Margin Call by an institution remains unknown for now. We'll have to wait for market rumors in the coming days. But I applaud the abundant liquidity!

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