usstock_memo

$CNBM(03323.HK) and $Shougang Lanza(02553.HK) - one is in traditional building materials, the other focuses on carbon capture and synthetic biology. Putting the old cyclical and the new materials together, their resilience and growth potential are at two extremes.

$MircroPort Medbot-B(02252.HK) for surgery, $HUAYAN ROBOTICS(01021.HK), $SEER TECH(06106.HK) for factories, $ZHAOWEI(02692.HK) for joints—Hong Kong stocks have assembled a complete robot from head to toe. The term "inaugural year" has been shouted for three years; this year, it's finally time for orders to do the talking 🙌

The commercial aerospace and satellite sector is still in its very early stages. $ViaSat(VSAT.US), $APT SATELLITE(01045.HK), $Sidus Space(SIDU.US), and $WELLCELL HOLD(02477.HK) are all inching forward based on launch milestones and contracts. The story is big enough, but realization is slow, so I'll just keep them on the watchlist for now.

In the enterprise software sector, large-cap stocks are stable and the themes are hot. $SAP AG-Sponsored(SAP.US), $Accenture(ACN.US), $Shopify (SHOP.US). It's still being verified who will be the first to reap the benefits of AI implementation.

$Abbott Laboratories(ABT.US), $Medtronic(MDT.US), $GSK(GSK.US) — these large-cap pharmaceutical stocks are not eye-catching when they rise and resilient when they fall, making them the kind of ballast in a portfolio that provides peace of mind.

The innovative drug internationalization theme hasn't truly cooled down this year. $INNOGEN-B(02591.HK), $Beigene(ONC.US), $CSTONE PHARMA-B(02616.HK), and $SBP GROUP(01177.HK) have all emerged together, and the sparks in the sector are starting to fly again.

AI keeps talking about power shortages every day, but before the power even arrives, $Global X Uranium(URA.US), $Solaredge Tech(SEDG.US), $NeoVolta(NEOV.US), and $Defiance AI & Power Infrastructure ETF(AIPO.US) have already been set on fire—the endgame of selling shovels is selling electricity, and going around in circles does make some sense.

Robotics and aviation-related sectors were collectively weak today. $FOURSEMI(03625.HK) fell by 5.5%, $HUAYAN ROBOTICS(01021.HK) fell by 2.9%, and $Richtech Robotics - B(RR.US) dipped slightly 😔.

When market sentiment is unstable, the valuation premium for growth narratives often comes under pressure first. There haven't been any particular negative catalysts for the robotics sector recently; this seems more like a natural adjustment following the significant gains earlier.

US AI software stocks rose broadly today with significant resilience 🔥 A batch of AI software small-cap stocks showed a "catch-up rally + sentiment resonance" structure.

C3.ai rose 13.3%, sentiment boosted by a French large enterprise announcing AI infrastructure investment; BigBear.ai rose 7.7%, lifted by news of new executive appointments; Zeta Global rose 7.2%, continuing to benefit from AI marketing automation; Xiao-i Robot rose 5.6% with ample volume; ARRIVE AI moved up with the sector.

Dongfang Zhenxuan's platform GMV has experienced periodic fluctuations, but its business model with high gross margins for its own brands remains a core advantage.

The current stock price is recovering within the $8-9 range. The focus is on whether the new host matrix can fill the traffic gap and the repurchase rate data for self-operated agricultural products.

Overall competition in the live-streaming e-commerce sector is intensifying, with the diversion pressure from Douyin and Pinduoduo persisting. Short-term sentiment remains cautious.

The quantum computing sector has experienced at least two boom-and-bust cycles this year. However, IonQ's latest Q4 revenue reached $61.9 million, with full-year 2026 guidance of $225-$245M. The 202% annual growth rate makes the "bubble" label difficult to justify, at least on the revenue side.

Rigetti plummeted 24.9% in March. The pace of its technological roadmap and commercial transformation remains the biggest variable, but its $590M cash reserve provides a sufficient time window.

LULULEMON is indeed still amazing. Even during a market adjustment, it managed to surge nearly 5% against the trend. The theme of consumption upgrade truly never ends. Every time it spikes, I tell myself I'll buy on the next pullback, but after all this time, I still don't have it in my account 😂

$Lead Intelligent Equipment Co., Ltd.(300450.SZ) is the absolute leader in lithium battery equipment, covering major customers such as CATL and BYD. The pace of battery capacity expansion directly determines order visibility.

$Zhaowei Machinery & Electric Co., Ltd.(003021.SZ) is an expert in high-precision reducers and micro-drive systems, a potential beneficiary in the humanoid robot joint drive market.

$Huayan Robot(688017.SH) focuses on industrial collaborative robots, with the rapid increase in domestic smart factory penetration being a structural driver.

$Fourier(A00000.SH) is a leading brand in medical rehabilitation robots, with demand from an aging population providing long-term growth support.

The precision manufacturing sector's performance has diverged this year. Valuations of top-tier core equipment manufacturers still have room for compression, but midstream segment leaders possess strong order certainty under the domestic substitution narrative.

With Fastly up 11%, I missed the boat and can only continue to watch from the sidelines.

GLW and NOK occasionally pop up, but there's no big story. TTMI's slight drop is like air.

In this kind of market, holding onto these few small-cap stocks feels a bit zen.

Palantir has recently stabilized above the moving average, but the RSI has already entered an elevated range, making chasing highs less cost-effective; Netflix's weekly chart has shown consecutive positive closes, with the 50-day moving average crossing above the 200-day moving average to form a golden cross, a signal of significant weight. The Trade Desk stabilized near its previous support level after pulling back from a high, with the MACD showing signs of bullish divergence below the zero axis. Sea and Roblox experienced abnormally high trading volumes at key levels, indicating that funds are accumulating positions.

These leveraged ETFs in biotech are really something I'm too timid to touch; sometimes it feels like playing with fire. Lately, the 2x long positions in CRCL and CRWV have plummeted disastrously (starting at -10%), and even LABU hasn't made much of a splash. Core stocks like XBI are also stagnant. I used to think biotech could offer some big swings, but now I just feel like I'm on a rollercoaster. The faith premium can't be held onto anymore; preserving my capital comes first. I'll be more zen about it. As for bottom-fishing, I'll leave that to time. 🙏

Cameco and UEC, these two stocks benefit from the independence of policy. The supply and demand of the uranium market do not follow the same cycle as copper and oil, with policy-driven factors carrying more weight. However, the widening of credit spreads is a hidden risk—rising financing costs for small miners like UEC will directly compress capital expenditures, slowing down the pace of production realization. The lengthening of the narrative's realization cycle itself is a risk. The contango structure of the uranium futures curve is the core support for this narrative; once it loosens, it's a clear sell signal🤔

Recently, these few banks and brokerages have been pretty quiet. Industrial and Commercial Bank of China (ICBC) and China Construction Bank (CCB) continue their sluggish, minimal gains, which is hardly exciting. The slight pullbacks of GF Securities and China Merchants Securities also caused no ripples, with capital showing zero interest. The real drama is with small blockchain stocks like Buke, which have crashed through the floor. Anyone catching the falling knife is going to feel the pain. Right now, the main theme in the Hong Kong stock market keeps shifting. In this kind of market, I just want to remind myself: Don't get excited, stay steady, don't be impulsive, preserving capital is the priority.

Among the few stocks in the portfolio, GCL Technology is relatively stable, Nanjing Panda Electronics has been bearish all the way to its own doorstep, Boyaa Interactive has seen minor fluctuations, AIA always claims to have solid defensive strategies, but the result of defense turned into negative growth; as for Guming, the milk tea track is too competitive, I really don't get it... Heavy positions easily lead to psychological issues, recently I've just been cutting losses back and forth to save myself, being more laid-back actually helps me sleep better 😪

The market is like a roller coaster. Baiji Pharmaceutical is down 5%, Zhaowei Electromechanical is also suffering, while Innovation Industries directly soared 12%. Those who can catch this wave are real tough guys.

I can only say, the continuous decline in pharmaceuticals and electromechanical stocks really makes one's mentality collapse. Watching the market is just about looking at Innovation Industries to kill boredom. Forget about faith, the two in hand can only lie flat.

Hong Kong stocks really cut naive investors without blinking, becoming more and more zen-like. Are you guys also relying entirely on self-comfort lately~

Today's picks: $Niocorp Developments(NB.US), $Almonty Industries(ALM.US), $Freeport Mcmoran(FCX.US), $Alcoa(AA.US), $Wolfspeed(WOLF.US). The metals and materials sector is all red (green in Chinese context), especially Wolfspeed, which is down a straight -8%. This drop is a bit speechless. Mining stocks have all cooled off recently, feels like the commodity logic has lost half its steam. The market is really testing psychological endurance more and more. The last time it fell collectively like this was last year. Now, flipping through my holdings, it's all "green, hopeful fields." Just gotta endure, what else can we do? Growth + cycles, this market is just that grinding.

Today, a bunch of high-tech and autonomous driving-related stocks either saw minor declines or moved sideways, with only $PONY-W(02026.HK) managing to squeeze out some gains. A while ago, everyone was still optimistic about AI and smart cars, but now it all looks like the result of sector rotation, lacking any sustainability. Those holding $ROBOSENSE(02498.HK) and $HESAI-W(02525.HK) are really feeling aggrieved; even small losses have become numbingly familiar, with an inner cry of "Can you at least give us some decent news!" Now, we can only watch the show, holding positions passively, relying on whichever stock rises to keep hope alive.