Liquid Capital Founder Urges Patience Amid Steeper-than-Expected Market Decline

Yi Lihua stated that he has not yet begun bottom fishing and will notify when the process concludes, emphasizing that the information is shared solely for reference.

Summary

On October 17, Liquid Capital founder Yi Lihua confirmed that he has not yet started bottom fishing and will share updates once the process ends. He clarified that his remarks are for reference only, indicating a cautious approach amid ongoing market volatility.

Terms & Concepts
  • Bottom Fishing: An investment approach that involves buying assets perceived to have reached their lowest price point, aiming to capitalize on future rebounds.
  • Market Volatility: The degree of variation in trading prices over time, reflecting uncertainty or rapid market fluctuations.