$Futu Holdings Ltd (FUTU.US)$ In the second half of this yea...

In the second half of this year, FUtu met the requirements of price investment (the price is much lower than its intrinsic value and develops rapidly), so in the fourth quarter, futu has been covering positions in the process of falling due to policy uncertainty, until now all the policy uncertainty has begun to gradually reduce.

For value investors, the most intuitive test of a person's understanding of a stock is to see whether he holds or covers his position firmly on the way down.