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However, in a social media post today, Bin said with emotion that the three major indices of the Shanghai Stock Exchange, GEM, and Hang Seng Technology fell at the same time: “It's incredible that the three major indices of the Shanghai Stock Exchange, GEM, and Hang Seng Technology all fell back to a lower position in early October 2024.” The market “went round and round, as if the ups and downs of the market in the past two years had returned to the beginning. A round of anticipation, a round of turbulence, and finally a return to the starting point.” However, he stressed that for value investors, “the return of the index to its previous position does not mean that the value of the enterprise remains where it was.” Facing the market cycle, Bin's proposal is still the fundamental framework: “The cycle goes back and forth, and the hustle and bustle will eventually dissipate. What we need to do is still break through the price fog, anchor the fundamentals, and wait patiently for time to be realized with really good companies.” Afterwards, some netizens asked, “But overall, is the A-share AI industry chain still holding on?” However, Bin retweeted the response and said, “Of course, we are still holding on. Otherwise, our domestic funds that can only buy A-shares and Hong Kong stocks will not be withdrawn. But now it seems that A-shares still need to be handled flexibly with 'high throw and low absorption'.”

Zhitongcaijing·10/22/2026 09:25:32
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However, in a social media post today, Bin said with emotion that the three major indices of the Shanghai Stock Exchange, GEM, and Hang Seng Technology fell at the same time: “It's incredible that the three major indices of the Shanghai Stock Exchange, GEM, and Hang Seng Technology all fell back to a lower position in early October 2024.” The market “went round and round, as if the ups and downs of the market in the past two years had returned to the beginning. A round of anticipation, a round of turbulence, and finally a return to the starting point.” However, he stressed that for value investors, “the return of the index to its previous position does not mean that the value of the enterprise remains where it was.” Facing the market cycle, Bin's proposal is still the fundamental framework: “The cycle goes back and forth, and the hustle and bustle will eventually dissipate. What we need to do is still break through the price fog, anchor the fundamentals, and wait patiently for time to be realized with really good companies.” Afterwards, some netizens asked, “But overall, is the A-share AI industry chain still holding on?” However, Bin retweeted the response and said, “Of course, we are still holding on. Otherwise, our domestic funds that can only buy A-shares and Hong Kong stocks will not be withdrawn. But now it seems that A-shares still need to be handled flexibly with 'high throw and low absorption'.”