---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42277504.md"
description: "$KINGBOARD HLDG(00148.HK), $Caterpillar(CAT.US), and $Occidental Petroleum(OXY.US) all fell today — Kingboard dropped five percentage points, $Caterpillar(CAT.US) fell over five points, and $Occidental Petroleum(OXY.US) dipped two points. When the AI computing power theme gets sold off, funds typically rotate into industrial and energy sectors for safety. However, this logic didn't hold today — all three stocks followed the decline, possibly reflecting a weakening marginal expectation for cyclical demand (oil prices dropped from 126 to 83 after the US-Iran reconciliation). This creates a dilemma for holding positions: reducing holdings might mean missing the next rotation starting point; not reducing them means watching the cyclical narrative being priced down."
datetime: "2026-06-29T10:05:45.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42277504.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42277504.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42277504.md)
author: "[小福福](https://longbridge.com/en/profiles/27248403.md)"
---

# $KINGBOARD HLDG(00148.HK), $Caterpillar(CAT.US), a…


### Related Stocks

- [01888.HK](https://longbridge.com/en/quote/01888.HK.md)
- [00148.HK](https://longbridge.com/en/quote/00148.HK.md)
- [CAT.US](https://longbridge.com/en/quote/CAT.US.md)
- [OXY.US](https://longbridge.com/en/quote/OXY.US.md)
- [OXY+.US](https://longbridge.com/en/quote/OXY+.US.md)