PANews, June 21 – According to Aastocks, the latest tracking study by Hong Kong’s Investor and Financial Education Council (IFEC) shows that among Hong Kong virtual asset investors, the score for blindly following market trading tendencies dropped from 3.63 to 3.19, while imitative market behavior and chasing rallies also declined, indicating that investment behavior has become more rational overall following the implementation of the virtual asset trading platform regulatory regime in 2023.

In terms of investor classification, the "herd-and-hold" type accounts for the largest share at 33.9%, predominantly young investors aged 18 to 29, with the highest proportion of females among all types (43%). This group is characterized by being easily influenced by market sentiment and becoming cautious and conservative after losses. Next is the "stuck-and-hold" type (25.5%), mostly mid-level professionals aged 30 to 39 who tend to hold long-term after losses while waiting for a rebound. Additionally, the "confident risk-taker" type accounts for 22.2%, mainly highly educated, high-wealth males who are prone to overconfidence and increasing high-risk allocations; the "fear-of-missing-out" type accounts for 18.4%, with relatively ample assets but frequent trading, clearly driven by FOMO sentiment.