
$NONGFU SPRING(09633.HK) In the morning, consider waiting and see, in the afternoon, if there is a suitable adjustment, will consider continuing to increase positions. Mainly because the Hong Kong market really seems to be swaying. The opening rose quite quickly.
Yesterday I took another look at the shareholder composition of Nongfu. It feels like retail investors hold less than 10% of the shares. Therefore, if institutions come in to pull, it actually won't be heavy. Most of the chips are in the hands of Boss Zhong alone. Based on his personality, I believe the probability of him selling off in large quantities is low (personal judgment, not responsible for this statement).
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