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A photon is the smallest unit of light and all other forms of electromagnetic radiation. In quantum mechanics, photons exhibit wave-particle duality, a property observed through double-slit experiment, where photons behave both as particles and as waves. Nature says that quantum objects are neither classical particles nor classical waves, which is fundamentally different from our…
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Are we, as long-term investors, contributing to market predictability? If you’ve ever experienced the Chinese college entrance exam – Gaokao, and attended a boarding school, you’ll know how important a predictable schedule can be. Every day at 7 am, cheerful music plays through every dormitory, echoing down the halls and nudging everyone to wake up.…
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Anthea Xie The AH share premium represents the price difference between A-shares (listed on the Shanghai or Shenzhen stock exchanges) and H-shares (listed in Hong Kong) of dual-listed Chinese companies. Recently, the Hang Seng Stock Connect China AH Premium Index fell to around 130—its lowest level since 2020 and close to the long-term average of…
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Photon Research 