$UBS Group AG(UBS.US) bought 20 shares at 42.20 $UBS Group AG(UBS.US), which is a left-side bottom-fishing attempt with good value, but be prepared for continued short-term volatility.

1. Why 42.20 is attractive

- Valuation perspective: UBS's current P/E ratio is around 8-9x, P/B ratio is around 0.8x, at historical lows, far below the average of European and American bank stocks, providing a certain margin of safety.

- Dividend perspective: The dividend yield is about 5.5%-6%, which is a high-yield target among financial stocks, attractive to long-term investors.

- Technical perspective: 42.20 is close to a recent important support level, and there are signs of increased volume after the pre-market plunge, indicating possible fund support.

2. Potential risks

- Macro risks: Global interest rate environment, economic recession expectations, and changes in regulatory policies will directly affect bank stock performance.

- Business risks: The process of UBS integrating Credit Suisse still has uncertainties, which may bring issues like goodwill impairment and compliance costs.

- Short-term volatility: The pre-market plunge may just be emotional release, and there is still a possibility of further decline. Don't consider these 20 shares as a sign of "successful bottom-fishing."

3. Follow-up operation suggestions

1. Position control: 20 shares is a reasonable exploratory position. Don't blindly add to your position just because of a short-term rebound; stay calm.

2. Build positions in batches: If the stock price continues to drop to the 40-41 range, consider adding another 20 shares to average down the cost; if it rebounds to the 45-46 range, consider reducing the position to lock in profits.

3. Long-term perspective: As a global top-tier investment bank, UBS still has long-term value. If your investment horizon is 3-5 years or more, the current price is a good entry point; if it's short-term speculation, you need to set strict stop-losses (e.g., below 39.50).

One-sentence summary

- Buying 20 shares of $UBS Group AG(UBS.US) at 42.20 is a reasonable left-side exploration, controlling risk while seizing the opportunity of high dividends and low valuation.

- The key going forward is to maintain discipline, not be affected by short-term fluctuations, and manage risk through batch position building and stop-loss/profit-taking.