$Tesla(TSLA.US)$TENCENT(00700.HK)$Meta Platforms(META.US)

Always slow to react. Now it's indeed very obvious that there's a complex interplay between the primary and secondary markets.

Looking back at Meta's acquisition of Manus, on one hand, they felt they got a good price selling, on the other hand, it seemed surprisingly cheap (originally wanted to invest, but upon hearing the valuation, they just acquired it directly).

Rather than letting others take control and then hype it up to suppress you, it's better to spend some money and buy it.

In contrast, Tencent, as a representative of latecomers who overtake, has been far too slow in its moves this round.

Its in-house R&D is lacking, and its strategic investments in the AI field are also unimpressive.

In contrast, Alibaba is unusually ahead by several lengths.

Meituan's acquisition of Dingdong Maicai is an unimaginably bad move.

It's enough to make minority shareholders furious.

At a moment of life and death, they're still helping others clean up their mess.

Should have sold everything on the day of the news, but hesitated…