Is this reliable? I just bowed down and apologized to the investors, and immediately began to talk about it again, and some fund managers even think that it is easier to speculate in Hong Kong stocks, and the winning rate of investment is extremely high! I really don't know what kind of investment psychology and operational logic this is? As we all know, the Hong Kong stock market itself is huge and magical, the regulator pursues a free market non-intervention policy, price fluctuations are violent, investors must be very careful once they open a position, because the sharp rise and fall is only in an instant, ascending to heaven and going to hell is often not their own decision, after all, the land is full of immortal stocks, stepping on thunder and falling into the pit is commonplace, if not experienced trading winners, even the so-called professionals may not dare to test the water easily.
So I don't quite understand how the fund manager, who is one of the recognized losers, has such self-confidence, not only that, but even issued a groundless sigh with a very high winning rate! Why do they have a soft spot for Hong Kong stocks, even because they can't play with A-shares, which are relatively less risky? I think this is probably the reason why the valuation of the Hong Kong market is lower, because it is reported that many Hong Kong-listed companies have fallen below net liquid assets, and I think this is probably the case, and it is no wonder that an expert has claimed that it is safer for the stock market not to rise than to rise!
But don't forget that the stock market is not cheap at all, the so-called valuation and margin of safety is only a relative concept, and there is no absolutely stable stock, on the contrary, the 'value traps' that people can't guard against abound, whether it is A-shares, Hong Kong stocks or other stock markets in the world, there are no accidents, in the long run!
I remember a winner predecessor who has been in the financial market for many years once said that no matter how difficult things in the world are, it is not as difficult as stock speculation, because in this industry, in addition to dealing with the market, you also have to fight against your own human nature, and surpassing yourself is the most difficult thing to do. The enlightenment of quantum physics to us is that observers are often inseparable from the influence of the self on things, and it is impossible for people to pull their hair to the sky! As for those young people in the fund industry, their education and morale are indeed quite high, but it is really hard to say how many bowls of dry rice they can eat!