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Although I also trade US stocks, the country has taken a major action this time to ban US stocks—and I absolutely support it!
According to official statistics on China’s cross-border capital for 2025: Mainland capital outflow—7735 billion USD, about RMB 55171 billion RMB.
That’s still not “taking it easy” yet—if it keeps flowing out like this, then in 2026 it will definitely exceed the scale of outflows of more than 1 trillion USD, directly affecting the stability of the RMB, affecting the lives of most people, and affecting stability overall. As for banning US stocks, overall it’s more beneficial than harmful—don’t think that trading a bit of US stocks makes you “so awesome.” In the face of national interests, everyone has to make concessions.
It’s just like the internet firewall—if it hadn’t been shut down in time back then, overseas technology would have delivered a direct “dimension-reduction” attack on Mainland China. If it weren’t shut, China wouldn’t have produced giants like Tencent, Alibaba, Huawei, ByteDance, Baidu, and others, nor would it have had the ground for the rise of newer generation tech bosses in the past few years.
Before achieving the ability to “dimension-reduction” against the outside world, banning it still might not necessarily be a bad thing!