US stocks, Korean stocks, Japanese stocks, A-shares, crypto—one of the perks of cross-market, multi-asset allocation is that when one market takes a hit, another might be feasting , so it doesn’t feel as bad . Right now, A-shares seem to have a slightly weaker correlation with the others. Plus, with its large pool of domestic funds, it can hype itself up when there’s a hot trend. For example, today’s surge was driven by the news of Changxin’s massive IPO, causing upstream stocks to skyrocket, along with a bunch of related tickers and ETFs. The worst off is the crypto market. Bitcoin not only has to follow the lead of US stocks but now even seems to be influenced by Korean stocks. Kospi dropped today—why does BTC have to drop too? Can’t you be a bit tougher? Still selling USDT to buy A-shares.