$CN Mainland Banks(20010.HK) and $NCI(01336.HK) performed quite discouragingly today. Even $CCB(00939.HK) and $ICBC(01398.HK) couldn't hold their ground. $PING AN(02318.HK) and $CHINA LIFE(02628.HK) were completely crushed. This kind of pullback really made me hold back the hand that was ready to average down.
On the contrary, $STANCHART(02888.HK) rose slightly against the market trend, which is a bit magical, probably supported by its own share buyback. In this kind of market, even heavyweight blue chips are performing like this, who dares to touch higher-volatility stocks? It's grinding away confidence, can only say "I'm zen about it."
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