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The previous prices were appropriate here. I saw the news, the third phase of the national fund, and when I saw it was too expensive, I didn't buy it. Now there are stocks worth hundreds of yuan everywhere.
This kind of ETF is quite comfortable; there's no need to research individual stocks at all.
Buy during downturns in the economic cycle without overthinking.
Unless the selected assets are highly elastic and you have a very high understanding of the semiconductor industry, otherwise just buy ETFs.
There are too many subdivisions, and they are constantly rotating; many people can't outperform ETFs.
The expansion of advanced process manufacturing seems to be about the same; waiting for Changjiang and Changxin to go public is when the performance starts to be realized—buy big when the industry is at its best.
Changxin has definitely peaked; the valuation expectations are very high.
Several US stocks with trillion-dollar valuations IPO, A-shares with trillion RMB IPOs—there's a feeling similar to the crypto circle's FIL. There might be a final acceleration wave, and acceleration waves are usually the craziest.