The bull market is, in simple terms, about where the money is.
After the tariff negotiations, the Hong Kong stock market soared, but the A-share market had relatively less volatility.
As the two largest economies in the world, I'll just say a few points:
1, credit currency, natural inflation. — No one should have any doubts about this, right?
2, sovereign country, there is no motivation for balance sheet reduction. — At least for now, there isn't.
3, the currency that has been created must have a destination. — It can't just disappear into thin air, can it?
4, the preliminary results of the China-U.S. trade war have been determined; although the future outlook cannot be said to be clear, at least it is not as panic-stricken as before. — Gold has retreated.
5, not discussing the situation abroad, just looking at the domestic situation, where can the currency go? — No one would think it's real estate, right?
6, discussing the situation abroad, why is the Hong Kong stock market soaring? Is it possible that foreign capital cannot enter the mainland, or thinks that entering the mainland is not good for exiting, hence betting on the Hong Kong stocks to go long on China? — Just my personal opinion.
7, the consensus of large capital in the East and West is to bet long on Eastern large assets. What assets in the East are worth betting long on? — At least for now, I haven't seen any assets outside the stock market that could be this possibility; no one would think it's government bonds, right?
— Conclusion: personal opinion, it will start a bull market.
However, when it comes to individual stocks, a specific analysis is still needed. Overall, capital inflow is to be expected, and the bull market brought by capital inflow is also to be expected.