The article discusses how investors' behavior affects their investment decisions in the Chinese and European financial markets. By analyzing data from 2005 to 2015, the researchers found that the Chinese stock market is less efficient and investors are less rational compared to the European market. They also discovered that short-term investments are more suitable for the Chinese market, while middle-term investments work better for the European market. This suggests that Chinese stocks have higher price volatility in the short term, providing opportunities for investors.