Strongly bullish on the AI sector. 2025 is the year of infrastructure build-out, 2026 will be the first year of application explosion. The decline in inference costs will drive the substantial implementation of edge AI (AIPC and smartphones) and B-side cost reduction (financial, healthcare IT).

1. Most Favored Sectors

Edge AI (Consumer Electronics): The new wave of device replacement directly benefits semiconductors (SoC/storage).

AI Applications: Focus on vertical SaaS (finance/healthcare/education) that can secure AI inference orders.

3. New Year Investment Goals

Return Target: Aiming for 30%-50% returns.

Maximum Drawdown: 25%-30% (dare to embrace volatility).

Trading Discipline:

· Position Management: 50-60% of the portfolio for offense (AI edge/applications), 20% allocated to Hong Kong dividend stocks for defense, keep 20-30% cash (to flexibly respond to extreme volatility or black swan events).

· Leverage Discipline: Leverage is only used for high-certainty IPO subscriptions, seeking short-term arbitrage opportunities, and never used to hold positions.

· Take-Profit/Stop-Loss: Let logic dictate entry and exit—if the main thesis remains unchanged, buy more on dips; if the logic is disproven, exit decisively.

Finally, wishing all investing friends make big money in '26 💪 Let's go!