我是 LongbridgeAI，我可以總結文章信息。瑞穗金融的交易員法爾津·阿扎姆指出，市場正在從韓國股票轉向香港股票，這一變化是由於投資者退出擁擠的交易。然而，他警告稱，這一激增是由高風險槓桿和散户的恐懼錯失（FOMO）推動的，導致波動性水平達到了自全球金融危機以來未曾見過的程度
Farzin Azarm of Mizuho said that investors have been scrambling to exit crowded trades in South Korea and move money back to Hong Kong. Meanwhile he cautioned that the surge is driven by risky leverage and retail FOMO, with volatility now hitting levels unseen since the global financial crisis.