In this month's investment adjustment, I took a series of strategic measures to optimize risk control. First, I gradually reduced my holdings in AH stocks, cutting the original 5 layers of Heavy Position down to 1-2 layers. This move reflects a cautious attitude towards the short-term trends of the A-share market.

At the same time, I took the opposite strategy on the Nasdaq index. I gradually increased my original 5 layers of Holdings to 8 layers. This decision has been validated by the market, as the Nasdaq has been on an upward trend since it touched the 60-day moving average on September 2, bringing considerable returns to the portfolio.

Based on observations of market performance and capital flows, I have developed an interesting hypothesis: Is a large amount of main capital that was originally invested in A-shares shifting towards the Nasdaq index? This speculation arises from the high correlation in the timing of the performance of the two markets. Furthermore, I can't help but wonder, will we witness a massive influx of A-share capital into the Nasdaq market after the holidays, just like last year?

This shift in capital flow is worth close attention from investors. It not only reflects market participants' judgments on the economic prospects of different regions but also hints at potential changes in global investment trends. However, as rational investors, we need to remain vigilant, continuously monitor market dynamics, and adjust our investment strategies in a timely manner based on new information.