$NONGFU SPRING(09633.HK) Regarding the trend, you, who are confused now, are the farmer, while the Hong Kong stock market is in a state of confusion.
Still waiting for the small essay to land. Without clear guidance from the central bank and policies, where is China's economy heading? We can only rely on guesses. Why is the U.S. stock market doing so well? The central bank clearly takes responsibility for the role of the ultimate lender. When liquidity is insufficient, the market knows that someone will back it up. However, in this case, the central bank has not taken on that role. This economic crisis is essentially a debt crisis, whether caused by the cycle or other reasons, the central bank has the responsibility to step up. However, the independence/professionalism of the central bank needs to be further developed at this moment.
More time is needed.
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