This Weibo guy, called Feng Ge (Brother Feng), said on July 8 that he can’t withstand the loss and cut positions (in tech mainly).
The next day July 9 stock market came back strong.
On the very strong July 9, he said he bought back (fully invested).
Then on Jul 10 stock market was in a bloodbath.
After Jul 10 close, he said he wouldn’t quit this time – tech is the future and will rise again.
On July 15, he commented that innovative drugs is interesting, which marked the end of a few weeks rally of HK biotech/healthcare stock.
On Jul 16, he commented that “tech has bottomed” / “correction is done”, which is actually the peak of the day.
China’s retail investors have found their Jim Cramer.