Regarding the matter with the CSRC, everyone should still give up illusions and prepare early. I'm not saying to immediately liquidate and run away, but to have some expectation management--if brokers like Longbridge really have to clear out mainland users, will you stop playing US stocks or find another way out? If it's the latter, then you need to take action now, whether it's changing your identity, preparing to live abroad, or opening other brokers or something on-chain in advance. In short, you can't wait until the worst outcome is announced before taking action.

The CSRC's wording is very strong this time. Some friends say that Hong Kong law is different from the mainland and can't control this or that. I can only say that we're not new to being Chinese. We all know what they are like and how they operate. So, it's a very normal thing for brokers like Longbridge to be forced to clear out mainland users later.

I've been using Longbridge for over two years, and I also don't want brokers like Longbridge to really reach that point, but we really have to prepare for the worst.

Finally, I want to say that even if all avenues are blocked, I won't go back to playing the 'Myanmar A-share' market. I've played it before, and I believe everyone here has too. I even made money and got out of the 'Myanmar A-share' market. If it were a qualified market, there wouldn't be so many people wanting to buy US stocks. When your stocks rise in the 'Myanmar A-share' market, the CSRC intervenes, suspending trading, locking you in a 'black room,' and applying various pressures. When they fall, they don't care at all (exactly like CRS). Moreover, the 'Myanmar A-share' market has no decent companies; there are almost no value investment targets. Once you're trapped in a company's stock, don't ask when you'll break even. Even if you buy QDII funds, they restrict you in various ways. I remember this vividly. A couple of years ago, when US stocks fell, I wanted to average down, but the QDII funds had limits or were closed, which really disgusted me. This was also a major reason I came to Longbridge.

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