Hu Xijin: The U.S. stock market’s drop on Friday and Thursday was too big. In the past, I would have been just happy about it, but now my mindset is more complicated.

Ask AI · How has Hu Xijin’s change of identity shaped his market outlook?

Recently, a sudden escalation in the Middle East’s geopolitical situation triggered violent swings across global capital markets. The U.S. stock market fell sharply on Thursday and Friday for two consecutive trading days, with all three major indexes taking heavy hits. After the Nasdaq had previously dipped into a technical correction range, the Dow Jones also officially entered a correction range this week.

Today, prominent media personality Hu Xijin spoke candidly on social media about his “complex mindset.” He said, “The U.S. stocks have been falling so badly they’re like dogs.” He added, “If it were in the past, Old Hu would only be happy, but now I’m also an A-share investor, so my mindset is more complicated.”

As for A shares’ relatively sturdy performance on Friday, he hinted at a sense of relief, but he did not hide his concerns about the outlook: “I’m glad that A shares held up yesterday, but I’m also very worried whether A shares will get dragged down again on Monday.”

When discussing the linkage between the markets of China and the United States, Hu Xijin also offered his view. He said that China and the U.S. are not simply in a confrontational relationship; with very significant interests intertwined, “Anyway, in the stock market it’s often ‘if one loses, everyone loses, if one prospers, everyone prospers.’” He added, “Fighting breaks out in the Middle East, but the people trading stocks are all on the front lines, and everyone driving and speeding up for fuel gets affected too… Globalization is just like that.”