Today, the volatility of the gaming sector has triggered the overall turmoil in A-shares and the Hong Kong market. The trigger stems from the new regulations issued by the National Press and Publication Administration at noon, which set restrictions on the daily operation of online games, such as daily login bonuses, first-time deposit discounts, and continuous deposit incentives.
The move immediately had a sharp impact on online game giants such as Tencent and NetEase, and their stock prices plummeted.
The trend of the Hong Kong ** field this year is quite bumpy, as if it has formed a brother in distress with the A** field. Just when everyone thought that the market was slightly warmer yesterday, today's ** was ruthlessly suppressed. In the face of such market fluctuations, Ge Weidong, a billion-level investor, couldn't help but speak out in the circle of friends, and his words revealed his helplessness and confusion about the chaotic state of the market: "Saving the market and adding chaos go hand in hand, it's really incomprehensible!."”
Ge Weidong's speech can't help but make people think deeply, is the market really in a state of bailout?
Are we going to have to come up with new tools from the policy toolbox?Looking back at the headline article I published on the 19th, perhaps some answers can be found. In any case, in the face of such market volatility, investors in A-shares and Hong Kong stocks are experiencing a severe test. A shares