Everything is expensive now. What cheap things are available in the market?

I’ve looked at it from all angles—are Hang Seng Tech stocks cheap? Are broker ETFs cheap? Is the brokerage sector already playing out the logic of a bear market? Why has it been falling nonstop all the way down? Brokerages’ performance is so good—proprietary trading even made money—so why don’t they get an valuation uplift? Because it’s a cyclical industry. In a bear market, earnings quickly revert to their original form, and proprietary trading even loses money instead. I think if brokerages are a kind of casino business, this business model is making money while you just lie there.