Dan Bin: I just deployed all my remaining dry powder, and you must dare to buy amid a sharp market slump!
1 hours ago
Dan Bin, chairman of Oriental Harbour, wrote on Chinese investment platform Xueqiu today that the 2x leveraged long SK Hynix ETF plunged 25.72% on the day, reiterating that while leverage tools amplify returns, they also multiply risks exponentially. Investors should use leverage cautiously, avoid borrowing money or margin financing, and maintain proper portfolio diversification. Dan Bin noted that Hynix has become a phased symbol of the current AI rally. After a sharp correction, the company’s stock direction may soon clarify in the short term; in the long run, only enterprises with continuously improving supply-demand dynamics and steadily rising profitability can weather industry cycles. Shortly after, Dan Bin reposted a netizen’s comment: “A panic sell-off is a great opportunity to pick up bargains,” and said: “Strongly agree—when there’s a sharp drop, you must dare to buy! I just used up all my remaining ammunition.” He also stressed that the above content only represents his personal investment views and does not constitute any investment advice.
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