$XIAOMI-W(01810.HK) The specific itinerary is unclear, but it's definitely not a negative. The reasoning is simple: the visit to China has limited time. The prerequisite for receiving a packed schedule of visits is that there are some things that have garnered attention and recognition, and the other party sees potential benefits, which is why they're willing to invest time in communication and cooperation.

Similarly, the visit as a whole is definitely not a negative. At the very least, there's room for relationship-building and cooperation, and at a fundamental level, it's seen as worthwhile and worth the trip. Otherwise, they wouldn't come at all or would just make a phone call, without all this fuss.

However, it's also not a matter of purely betting on short-term news for price movements. It feels like US stocks are more responsive to news, while Hong Kong stocks are always a mixed bag.