Cho Yuen-chiu (1987 Hong Kong Stock Market Crash)

- Background: The Hang Seng Index plummeted 40% in a single day.

- Operation: Reduced positions in advance, locked in profits, and watched with light positions.

- Result: Annual returns were flat, with principal intact.

- Logic: Don't bottom-fish during a crash, preserve capital first, and wait for the trend to become clear.

The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.