First of all, my position is that the HSI has entered a bear market. Secondly, the HSI has recently risen from the low level by a thousand points, but it has only rebounded, not a turning point.
The market reopened trade negotiations with China and the United States, and the trade war has turned around and rebounded. But if you pay attention to the news reports, you all know that this is only a very low-level official talk. The two sides are only touching the bottom. I believe the talks will have results in the short term. The chances are slim, and another round of taxation will soon take effect, and the market may turn to pessimism again.
Listed companies announced interim results one after another. Everyone saw that many of their performances were worse than market expectations. Many large-scale stocks with high transparency were not able to achieve even the lowest expectations. Perhaps everyone should be wary that the economy has begun to turn.
My operation is still based on increasing cash, the goal is to raise the cash level to 30%, and then wait for the opportunity to buy flat goods. Recently, many friends have privately discussed that companies with actual business can survive the adversity and continue to grow, which deserves to be devalued. If you have any heart and water stocks, you may wish to come up with brainstorming.