Hong Kong SFC Study: Virtual Asset Investor Herd Behavior Declines, But Reliance on Financial Influencers Rises

According to a study by Hong Kong's Securities and Futures Commission (SFC) Investor and Financial Education Council, recent research on virtual asset investor behavior found that herd behavior tendencies among Hong Kong virtual asset investors have declined. However, investors' reliance on financial influencers has increased. The study also showed decreases in investors' tendency to take higher risks after gains and their dependence on past personal experience.
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