The Hong Kong MPF market saw a significant rebound in April, with the majority of stock funds recording positive returns within the month. The performance since the beginning of the year has also returned to positive territory, reflecting the recovery from the market downturn in early March. Wang Yulin, head of BCT retirement business, stated that looking at the fund conversion numbers of BCT members, the number of fund conversions in March was nearly 40% higher than the average at the beginning of the year, indicating members' "emotional trading" in response to the market downturn. In April, the number of fund conversions returned to the level at the beginning of the year, showing that some members have stopped trading frequently and confidence is gradually stabilizing. Wang Yulin summarized that when facing market volatility, members should not only pay attention to the impact of emotions on investment decisions but also understand the structure and long-term potential of different funds. By staying calm and diversifying appropriately, MPF investments can continue to appreciate in the long run, establishing a solid foundation for retirement life. Pang Wing Tung, director of IPP Financial Advisers Limited, pointed out that Trillions of MPF is designed for long-term investment and should not be excessively "all in" or "all out". Especially in recent years, the market has seen frequent trends of "sharp decline - sharp rebound". Relying too much on short-term judgments may not only fail to accurately capture turning points but also lead to missing opportunities to rebuild assets during the recovery. For members of Trillions of MPF, maintaining a moderate level of diversification, regularly reviewing portfolios according to risk tolerance, is still a prudent and effective approach.