If U.S. stocks continue to see a sharp correction and financial risks mount, based on the historical pattern of a 30% correction in U.S. stocks, crypto will be the first thing investors abandon. Could A-shares fall to around 3,300, dropping another 10%? Moutai has been correcting for more than six years from its 2019 peak. I bought near 1,200 this year and can hold it indefinitely (for 5–10 years) without touching it. It doesn’t matter whether it goes up; an annual dividend yield of at least 4% is fine. The logic behind Muyuan is that the more money the country’s pig-farming industry loses, the steadier the share price gets. My cost is 37, with a target of around 60.

