I was a bit dazed watching the market today. Beike's rise was quite steady, supported by both performance and AI concepts, which made me a bit itchy. But why does it feel like the institutions are having a blast while we retail investors are just watching...
Fangdd is even more thrilling, soaring 18 points overnight, supposedly due to acquiring AI assets, but the technicals haven’t really turned around yet. Watching these real estate tech stocks fluctuate so wildly, it’s easy to mistakenly think a bull market has arrived, but upon closer inspection, I’m afraid of becoming cannon fodder. At this point, I’ll hold back and just watch from the sidelines.
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