Recent trading has been tough for both U.S. and Hong Kong stocks, but Dan Bin’s portfolio has been absolutely battered! 😵😵
The net value of Dongfang Harbor Hongyuan No. 2 has fallen to 0.6282, down 31.29% this year. His U.S. stock fund also suffered a nearly 20% drawdown in October alone. Google, his largest holding, and Nvidia, his second-largest, together made up nearly half the portfolio. In October, one fell 18% and the other 10%—the fund’s net value simply couldn’t hold up.
He’s one of the investors who posts very frequently on Chinese social media (Xueqiu and Weibo), so whenever the market shifts, netizens chase him for his take, just as they do with Duan Yongping 😂 This time, someone pressed him on whether he had sold his leveraged long position in SK Hynix. He said: “No, I haven’t sold. I’m still holding on ✊” #但斌 #美股 #英伟达
The net value of Dongfang Harbor Hongyuan No. 2 has fallen to 0.6282, down 31.29% this year. His U.S. stock fund also suffered a nearly 20% drawdown in October alone. Google, his largest holding, and Nvidia, his second-largest, together made up nearly half the portfolio. In October, one fell 18% and the other 10%—the fund’s net value simply couldn’t hold up.
He’s one of the investors who posts very frequently on Chinese social media (Xueqiu and Weibo), so whenever the market shifts, netizens chase him for his take, just as they do with Duan Yongping 😂 This time, someone pressed him on whether he had sold his leveraged long position in SK Hynix. He said: “No, I haven’t sold. I’m still holding on ✊” #但斌 #美股 #英伟达
