Are you sure we talked about the same crash?

March 22, 2000, Clinton and Blair stepped forward and talked about sharing intellectual property, especially in gene technology findings. Although companies like Celera completed the DNA map, it's not something you invented, and you can't patent that as your own property. That speech was a trigger, but that's the excuse everyone is waiting for, namely, re-checking the valuation of those "high-tech" stocks.

The PTR non-stop acquiring new folding by going public everywhere, and further diluting the current shares and adding new float, could be another trigger for re-evaluation of Chinese stocks. I certainly hope I am wrong, because when that happens, people normally throw the baby out with the bath water.