Dan Bin: When the market plunges, you must dare to buy; I’ve just fired my last bullet

Odaily Planet Daily News Today, Dan Bin posted on Xueqiu, saying, "When there's a big drop, you must dare to buy; I've just used up my last bullets." Previously, he had written, "The 2x Long SK Hynix ETF dropped 25.72% at one point today. Leveraged tools can amplify gains, but they also multiply risks. When the tide goes out, the cruelty of market fluctuations becomes clearer. This shows that such leveraged products require extra caution."

Dan Bin believes that SK Hynix has become one of the landmark companies in this round of the AI market trend. Given the current pace of adjustment, the short-term direction will likely become clear soon. Of course, over a longer time horizon, only companies with continuously improving supply-demand dynamics and steadily enhancing profitability can survive one cycle after another.