$XTALPI(02228.HK) There's a noteworthy phenomenon in today's intraday capital flow: net capital inflow is significant, but the price hasn't strengthened in sync yet. As of around 15:20 HKT, the cumulative intraday net capital inflow is over approximately HKD 25 million. By structure, large orders had a net inflow of about HKD 11.04 million, medium orders about HKD 11.96 million, and small orders also maintained a slight net inflow. In terms of rhythm, there was a net outflow in the morning session, which then gradually turned positive; around 14:49 HKT in the afternoon, there was a relatively noticeable surge in net inflow, peaking around 15:03 HKT, followed by a slight pullback, but overall net inflow was maintained. However, the price side hasn't shown strong confirmation. The current price is basically flat, and the volume ratio isn't high either. My understanding is: today wasn't a typical high-volume attack; it's more like capital replenishment in a low-volume environment, but buying hasn't yet pushed out a clear price trend. So here I'm mainly looking at two issues: 1. Whether the net capital inflow can be sustained after the market closes; 2. Whether the share price can re-stabilize around HKD 9.55–9.60. If capital continues to flow in but the price remains stagnant, it indicates short-term divergence persists; if subsequent trading volume follows, then it's more worth continuing to observe. This is only a record of intraday capital flow and does not constitute investment advice.

Jason 🍎