The abundant liquidity of Hong Kong stocks has come to an end for the time being, and the stock price of Pop Mart has plummeted today due to the collapse of Labubu
Labubu's second-hand market price has almost halved, a large number of scalpers have reduced prices to clear inventory, and Bubble Mart has hyped Labubu through the hunger marketing system in the early stage, and announced omni-channel replenishment in the past two days
It means that the speculation of Labubu can be suspended, and the angel investors behind Bubble Mart have all cleared their positions in May, with a total of 3.123 billion Hong Kong dollars in cash. The founder, Wang Ning, has also cashed out at least 1.5 billion Hong Kong dollars in the past year.
In fact, this wave of scalpers has also made a lot of money, and retail investors in Hong Kong stocks have entered to take over, and under the liquidity of Hong Kong stocks, they should not be able to solve the problem in a short time.
Today's trend of A-shares feels like a war in China, basically a panic smash, if you have to find a reason, it is that the U.S. stock market is closed, A-shares have no direction, the old tradition.
U.S. stocks are closed, the situation in Iran currently looks like there are signs of escalation, Iran does not have many hole cards, the United States is going to have a signal to end, and there is not much time left for Bitcoin to trade sideways.
The current account is basically supported by rare earths and gold, and there is no desire to trade at all in the past two days.
The main reason is that the market does not have a clear logical support of long and short signals, and just glanced at the trend of the dollar index, and it was crumbling towards 98, and there was no sign of a rebound at all.
Bitcoin's long orders are also in the floating loss, which was originally a bet on the Fed's positive expectations of the dot plot twice, but now it seems that in the face of the situation in Iran, these are not very important
Tonight's U.S. stocks should shrink, because the market is closed on Thursday, even if Powell has a clear dovish speech, funds have to guard against the escalation of the situation in Iran, and the short-term game will flow out at the end of the session.
Whether the United States intervenes in the conflict between Israel and Iran, there should be results this week, mainly because Israel is dragging on very uncomfortably, and the US media predicts that the anti-missile inventory will take up to 10 days, and more importantly, the military spending of 120 million US dollars per day will be consumed, which is why Israel is so urgent to hope that the United States will intervene.
For the U.S. stocks that are currently floating in the red, there is no panic at all, because the second-tier chip stocks and smart driving stocks will have the logic of making up for the rise after the macro level is clear
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