Be greedy when others are fearful

$Futu Holdings Ltd(FUTU.US)$
Never forget the golden rule.

Interesting point mentioned is that inflow is high but the price goes down. Must have alot of people buying into the panic while the shorties are pushing it down.

The bump up will be strong since the news doesn't really mean much since the company is already complying and have been in communication with the regulators since 2019. This is not the same as the other regulations either on education or common prosperity. This just means a slightly more expensive compliance cost.

The company reacted only cos the market panicked, they didn't think it was big news before that.