The best year in the past five years.

In 2024, the overall return was 30%, but the significant losses in Hong Kong stocks dragged down the performance, marking the first profitable year in the last four years.

If it weren't for the index surge in mid-September, there might have been a period during the year when I would have exited the A-share market. The gains were mostly made in September and October, while November and December saw almost two consecutive months of losses—still, the only profits came from the index rise.

The biggest contributors to A-share gains were China National Software & Service and Nanda Optoelectronics. Hong Kong stocks saw big wins followed by big losses during the National Day holiday—short-lived, likely due to flawed trading strategies. Since December, I've started buying some U.S. stocks and am now holding them despite being stuck.

For 2025, the plan is to allocate half of the A-share positions to blue-chip high-dividend stocks and the other half to trending hot stocks. It's unclear if there will still be trending opportunities, but they probably won't exceed those in 2024.

The main focus for Hong Kong stocks is undervalued picks, with reduced trading frequency, aiming to break even (currently down 50%). The U.S. market has been unstable recently, and 2025 also holds high uncertainty—better to stick with leading stocks and observe after Trump takes office.

Choose good stocks and be patient!