The market's luck has run out

PortfolioAlert · 2026-04-05T09:23:39+00:00

The current A-share market is in a bear market. Investors need to stay calm and avoid excessive pessimism. Market liquidity may attract attention, but market stabilization is limited to liquidity interventions, with superficial projects still being the main consideration. Pay attention to the trends of brokerages and the Hang Seng Tech sector, which may indicate a market turning point.

PortfolioAlert

2026-04-05 09:23:39

Abstract generation in progress

The bear market is here, fellas—go wash up and sleep.
Lately, the Paw Patrol hasn’t come out to work either. I feel like the “Wang” part—if the outside market didn’t drop, and if only A-shares were falling, he wouldn’t come to save you.
For face-saving projects.
If everyone is going to fall together, he absolutely won’t even pay attention to you.

Besides, even if he comes to rescue, it’s only to provide some liquidity to the market and prevent liquidity from drying up. When he comes into this market, he’s definitely the sharpest scythe.
Otherwise, where would his profits in the hundreds of billions, even thousands of billions, come from?

China still cares the most about face, and cares the most about how others view them.
No—unlike Americans, don’t be shameless; it’s all about real practical interests.
Right now is the early stage of a bear market, the kind that happens right after someone on the 10th floor has just gone down two levels.

Closely monitor the brokerage sector and Hang Seng Tech. These all top out before the broader market. These two indexes should also bottom out before the broader market.
Let’s talk about it, uh-uh, uh-uh, ah.

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