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This morning, my mom angrily told me that the neighboring South Korean stocks hit a new high.
During the closure / re-blockade of the Strait of Hormuz, SK hynix was at a low of about 849,000 Korean won—meaning that on the day of the Strait of Hormuz panic, bottom-fishing for Hailisi, you could have made nearly 70% profit in less than two months.
If you bought the lows over the past year, the increase was about 674%, or 7.74 times.
If you bought during the worst storage cycle in 2022, the increase was about 1,632%, or 17.3 times.
You still need to keep your horizons broader—after all, A-shares still operate on a workday schedule.