It will hit $81 eventually, but will test $50 before it gets to $81.
The gap in discount between Shanghai and Hong Kong looks to be closing itself. Even today, US pre-market show ashr down 1.7% and fxi up 2%.
4/8. US Premarket. ASHR set to gap up 1.34%. FXI set to gap up by over 6%! wow
That's right. There's a hard stop at $0.00 at least. Glad I'm only in 100 shrs.