Hong Hao: Investing in technology is more exciting than investing in white wine.

Talking about the recent controversy in the industry on whether to invest in liquor or technology, Hong Hao, managing partner of Lianhua Asset Management Co., Ltd., said that these are two different investment philosophies and there is no superiority or inferiority between them. However, investing in liquor and similar industries has a smaller impact on social progress, far less than investing in technology which meets the needs of the times and is more "inspiring".