when the Hang Seng Tech Index opened lower, I immediately sold 50% of my position. If it drops below 4550 later, I’ll consider re-entering. I’m hoping the ZZJ meeting in late October will bring some strong fiscal policy news. Otherwise, even if the Hang Seng Tech has a rebound, breaking 5000 slightly would be the limit, and reaching new highs seems unlikely. I’m also worried that foreign capital, which has just returned to the Hong Kong market, might start flowing out again, leading to another significant correction.
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