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Seeing the crypto community flocking to Hong Kong stocks makes me a little uneasy. It seems like the last time there was such a large-scale influx was in October 2024. Currently, H-shares are mainly focused on trending stocks, reminiscent of Binance Alpha back in the day. Since the emergence of the new Helios, core stocks have been declining, and this cycle continues. Hong Kong blue-chip stocks are experiencing a steady decline, with only localized rallies.
"People in the crypto circle FOMO into which one = that market's last train" — Have you gotten burned in the last few rounds? The gold and Korean semiconductors before were all short-term peaks 😅
I'm not sure, let's wait and see!
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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