Many people previously invested in real estate, taking out 30-year loans at high levels right away. In fact, Chinese real estate has been rumored to be stock-marketized around 2006. However, after two rounds of significant rises and extensive publicity, people forgot the risks. Just like stocks rising to high levels, when the main players shout "buy," people rush in regardless of the consequences, hoping for everlasting prosperity. Investments like buying houses or alcohol can all be stock-marketized and financialized. Keep this cycle of the market's rhythm in mind and constantly review it. To achieve greater returns with lower risks on these assets, it is important to pay attention to the divergence points in the linkage between stocks and spot markets. Studying the stock market repeatedly reveals this pattern. We previously discussed this in relation to Baijiu; those interested can check it out. Once you grasp this pattern, you can expand your asset investments to increase returns and reduce risks. $S $QKC