To The Moon

Is there a stock that you’ve taken a big loss on but still can’t resist investing in? For most Chinese investors, that would surely be Chinese concept stocks. These stocks have been undervalued for years, which makes them very promising from an investment perspective. However, most investors get stuck as soon as they buy in, facing losses year after year. Every time the market rises, they remain optimistic and invest again. But is this bull market really sustainable this time? Today, most China stock rebound sharply. $Tiger Brokers(TIGR)$ jumps 14% in the premarket trading. People's Bank of China Governor Pan Gongsheng announced another interest rate cut. It is expected that, depending on market liquidity, the reserve requirement ratio will be further reduced by 0.25-0.5 percentage points before the end of the year. In addition to the rate cut, there’s more good news: the establishment of a stock repurchase and purchase refinancing program to support financial institutions and companies in repurchasing and increasing holdings of listed company stocks. The initial refinancing amount is 300 billion yuan, with an annual interest rate of 1.75% and a term of 1 year. What do you think? Will you return to Chinese concept stocks? Are there US stocks that you always lose money on but still can’t help buying?