To The Moon

The logic of the current round of rally in China is mainly based on the following aspects. Favorable policies: The top management of the country has repeatedly emphasized "supporting the standardized and healthy development of the platform economy and issuing green light investment cases", and at the level of Sino-US relations, the signing of the audit cooperation agreement between the PCAOB and the SFC has allowed both sides to continue to push forward the resolution of the problem of Chinese stocks. Long-term capital allocation may return. Control optimization: Since many Chinese companies appear to be Internet technology companies, but are essentially consumer companies, it is expected that control optimization will lead to a rebound in economic activity, which will help boost advertising revenue and consumer sentiment. Self-recovery: Many Chinese companies are either turning the corner or are showing positive signs of a turnaround, and the market has generally raised growth expectations for Chinese companies. Foreign investors are also calling out frequently, saying that they find two features of the Chinese sector particularly attractive: first, the depth of decline, valuations are still quite attractive relative to emerging markets and global markets; second, the improvement in liquidity, China is also one of the few places in the global market where central bank liquidity is increasing. The sector is bullish in the long run, but its short-term rally is too large, and the technical side also has a top signal, heavy positions or be cautious, June has experienced a roller coaster. People want to rise, but the investment should first control the risk, and then consider the return. @MillionaireTiger @TigerStars @CaptainTiger