It is moving in the expected direction, but the speed is slower than expected.

October 10, 2024 [My first speculative attempt](/posts/investment/stock/First conscious speculative operation/)

At that time, my analysis suggested that policy makers intended to temporarily stabilize the market by boosting large-cap stocks, and to enhance market confidence by releasing relevant news.

Currently, the stock price of Industrial and Commercial Bank of China (ICBC) has reached 6.14, but I don’t want to buy it because I feel ICBC is not worth that much money, so I am still planning to buy China Yangtze Power. The main logic is that the current interest rate spread is too low, which might affect dividends. Meanwhile, power demand has always been strong, and with the popularization of electric vehicles, the long-term outlook is even better.