--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/41154422.md" description: "I don't want to chase after any China concept stocks anymore.I've done multiple analyses, and Pinduoduo's fundamentals are excellent in themselves.But policy risks are impossible to determine; as soon as tail risks are triggered, it's over, just like futu Longbridge the other day, and the education/training and gaming sectors in 2021. It's a long road with no hope in sight.Targeted demolition by A4 paper isn't a one-time or two-time thing. How many times has reality taught us a lesson now?Aren't US stocks, Korean stocks, the Nikkei, and gold good enough? Why go head-to-head with A4 paper?Just venting a bit, but I must remember market discipline." datetime: "2026-05-27T09:57:30.000Z" locales: - [en](https://longbridge.com/en/topics/41154422.md) - [zh-CN](https://longbridge.com/zh-CN/topics/41154422.md) - [zh-HK](https://longbridge.com/zh-HK/topics/41154422.md) author: "[上山喝茶r](https://longbridge.com/en/profiles/14864854.md)" --- # I don't want to chase after any China concept stoc… ### Related Stocks - [PDD.US](https://longbridge.com/en/quote/PDD.US.md) - [FUTU.US](https://longbridge.com/en/quote/FUTU.US.md)