First, I do not see any clear light at the end of the tunnel. Oil prices are likely to rise and could reach all-time highs in the near term. Too late to chase and buy oil now. It will be better to stay sideline.

Secondly, both China and the U.S. have their own competitive strengths, and it is still too early to determine which country will emerge as the leader in robotics over the next decade.

Lastly, I will be closely watching the upcoming earnings releases from NIO and Li Auto this week, as their results could influence the share price movements of BYD and Xiaomi.