The first time I encountered a violent bull market was the 'Top Ten Hong Kong Stocks', which was essentially Hong Kong capital indulging in self-amusement. David Taper's single phrase 'I don't care' ignited the entire investment circle, with Goldman Sachs and JPMorgan Chase cheering day and night as Xiaomi surged to 85.

But that time, I really didn't feel what a bubble was; the maximum gain was only 10% in a single day.

The second time was this 'memory stock bull'. A 20% gap-down liquidation became the norm. All global capital went all-in, blowing the bubble to unprecedented levels. All national sovereign funds entered the market, and the confidence in a floor was so strong it felt eternal. Unheard of and unseen before. After experiencing this, will you realize?

$SK Hynix(SKHY.US)

$XIAOMI-W(01810.HK)