XIAOMI(HK:01810) Ge Long Hui·2026-01-22 04:59Core Viewpoint - Xiaomi's stock price has dropped to 35.48 HKD, a decline of over 40% from its recent high of nearly 60 HKD, amidst market panic, while technical indicators signal oversold conditions, suggesting a potential short-term rebound [1][6]. Stock Performance - On January 20, Xiaomi's stock closed at 35.48 HKD, down 2.74%, marking a new low since November of the previous year [1]. - The stock price has fallen below the previous low of 36.62 HKD reached on November 20, with concerns about the safety of Xiaomi's automotive products exacerbating the stock pressure [2]. Technical Analysis - Multiple technical indicators have entered oversold territory, with the 14-day RSI dropping to 28, indicating a potential for a technical rebound [6]. - The stock price has breached all key moving averages: MA10 at 37.54 HKD, MA30 at 39.58 HKD, and MA60 at 40.87 HKD, suggesting a significant deviation that often precedes a rebound [6]. Key Price Levels - Key support levels for Xiaomi's stock are identified at 34.5 HKD and 32.3 HKD, while resistance levels are at 37.9 HKD and 41 HKD [7]. - The market sentiment is cautious, with investors showing reduced confidence after the stock has broken through previous support levels [7]. Investment Strategies - Investors are advised to consider call options for Xiaomi, with a specific recommendation for a call option (22709) with a strike price of 48 HKD, which offers attractive leverage [5]. - For those concerned about further declines, put options (22168) with a strike price of 32.18 HKD are suggested as a hedging tool [5]. Market Sentiment and Flow - There has been a noticeable inflow of funds into Xiaomi-related products since January 19, indicating some investors are considering this price level as a long-term entry point [4]. - The market is observing a divergence in investor sentiment, with some viewing the current price drop as a buying opportunity while others remain cautious about further declines [4][23].