Loss of 2%, consider calmly.
$Direxion Daily FTSE China Bear 3X Shares ETF (YANG.US)$

$Hang Seng Index (800000.HK)$   $Direxion Daily FTSE China Bear 3X Shares ETF (YANG.US)$ $Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$
The reason for the stock market's rise this time is the practice of converting equity into bonds, which is the first time in the history of human finance. Objectively reducing the number of stocks, similar to the concept of companies repurchasing stocks to raise stock prices, but in reality, the companies did not spend money to repurchase, instead they used stocks as collateral, leveraging commercial banks to handle the bonds, and the banks did not actually withhold money or bear risks because the bonds were issued by the central bank.
This perfectly solves the problem that the central bank issues bonds to inject liquidity into the market but cannot directly give money to companies. It also solves the problem that companies want to repurchase stocks to increase stock value but do not have the funds. By leveraging the entire stock market with minimal cost (500 billion yuan in national bonds) without violating financial rules.
If commercial banks hold onto stocks and do not release them, the number of stocks in the stock market will not increase, and appreciation is inevitable, rather than undergoing large-scale devaluation. Since Chinese commercial banks are state-owned, they can hold onto stocks without any cost.
This approach is the first of its kind for mankind, aimed at increasing the value of stocks that have lost value due to the sluggish stock market. The premise is that objectively, the A-share market in China is sluggish due to psychological factors, rather than a lack of actual economic investment, as the Chinese social savings amounts...

$Direxion Daily FTSE China Bear 3X Shares ETF (YANG.US)$
**Yang** is a leveraged ETF that triples the short position on the Chinese market, specifically targeting the FTSE China 50 Index. Its price volatility is mainly influenced by the following factors:
### 1. **Performance of the Chinese Stock Market**
- **Hang Seng Index, Shanghai and Shenzhen Stock Markets**: Yang's performance is directly inversely related to the major stock markets in China. An increase in the Hang Seng Index or the Shanghai and Shenzhen stock markets usually leads to a decrease in the price of Yang, and vice versa. Therefore, when the Chinese stock market experiences a significant increase, the price of Yang will decrease significantly, as you have recently observed.
- **Policy Regulation**: The Chinese government's monetary policy, fiscal stimulus policies, or policies related to capital markets will all impact market performance. Especially when China introduces policies to support the economy (such as reserve requirement cuts, interest rate cuts, infrastructure investments, etc.), the stock market usually rebounds, which in turn has a negative impact on Yang.
### 2. **China's Macroeconomic Situation**
- **Economic Data**: Economic data released by China (such as GDP growth rate, PMI index, industrial production, import and export data, etc.) are important factors influencing the Chinese stock market. Positive economic data usually raise the stock market, thereby lowering the price of Yang; while weak economic data...

$Direxion Daily FTSE China Bear 3X Shares ETF (YANG.US)$Continue to hold stocks through the weekend.

Funds are waiting and watching, and I also took the opportunity to profit from the previous short selling. $BYD Company Limited (002594.SZ)$ I have a bearish position, and the stock market god continues to sell stocks. I also seized the opportunity to profit.
$MEITUAN-W (03690.HK)$ I am staying still for now, holding SC and some bear warrants. After all, it doesn't feel comfortable to have a bearish position in the Hong Kong stock market. Of course, I won't impulsively short sell individual stocks, otherwise it is easy to get trapped. This kind of market condition is not easy, bottom fishing and betting on rebound may not always work, and short selling on highs can also be trapped at any time.
$MEITUAN-W (03690.HK)$ Funds have a tendency to speculate on the upside, but there are still some variables. I believe as long as it can hold steady between 15,600 and 15,800, the escape door should still open.

$Futu Holdings Ltd (FUTU.US)$Last week, it fell from 40+ and there was speculation, and it's happening again this week.