Today, I watched $TONGGUAN GOLD(00340.HK), $WUXI LEAD(00470.HK), $AXERA(00600.HK), and $FIBOCOM(00638.HK) all fall together. Especially Xian Dao Intelligent crashed nearly 8%. This wave of AI chips is really painful.
For main sectors like new energy, gold, and smart hardware, it feels like it's all about chips being slaughtered recently, with no sector effect at all.
I've reduced my position to a zen-like state lately. I have no choice but to watch more and move less. I'll just observe for a while first 😥
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