大王带我去寻宝

Recently reading the news, on one hand the US abandoned the price protection bottom line for rare earth, on the other hand competitors obtained large-scale government financing. This situation is somewhat thankless for strategic material stocks like $MP Materials(MP.US).

Divergence has begun - should we continue holding or reduce positions?

The NEOS Nasdaq-100 High Yield ETF has recently been hyped up by analysts again, frequently mentioning its 14% dividend yield and fancy terms like 'AI sector bubble hedging.' Honestly, whether this stock rises or not isn't that exciting, but seeing the account slowly accumulate dividends has a zen-like financial management vibe. With the market being so volatile these days, having some stable cash flow makes you feel more at ease. Maybe this is the way for ordinary people to survive?

Xiaomi's move in the automotive sector is quite pragmatic: it plans to launch 4 new models next year, 2 of which are range-extended. Previously, people were debating whether Xiaomi was all in on pure electric, but now it's clear that the strategy is more practical—first expand the sales pool. In the current domestic environment, range-extended models are the "easiest to sell and easiest to explain" solution.

AI Genesis Plan I see this more as a trend indicator

It's not the same logic as NVIDIA's computing power monopoly, but rather the US wants to systematize AI capabilities by bringing in a group of capable companies

CoreWeave represents computing power leasing, while Palantir focuses on government data analysis - their roles are actually very clear

The 5% rise last night wasn't exaggerated, it was more about repricing 'status'

1093.HK is the kind of stock that's stable and uneventful. Even if 80% of its new drugs are exported, it's unlikely to cause any major issues. The market trends aren't even scary—it's really suitable for a laid-back, 'Buddha-style' approach...

The market capital is different. Apple has a P/E ratio of over 30, but its growth potential is far lower than that of Xiaomi. Think about it—once capital flows in, with Xiaomi at a 35x P/E and profits of 50 billion yuan (including 10 billion from cars and 40 billion from core businesses), its market cap could easily surpass 2 trillion yuan.

Tencent Holdings (00700) From May 10, 2021 to September 26, 2024, 3 years and 4 months, 1235 days, break even!

To be internet-savvy, it's all about user DNA. Even Huawei and Xiaomi haven't quite figured it out. XPeng completely messed up.

Xiaomi's SUV is coming soon, SAIC-GM-Wuling gg

Even in a bull market, you need to ensure your entry point is good... Don't lose big money..

As for Changshan, I said on the day of the big drop that it might not be over... Whether you bought it the day before yesterday or yesterday, it's hard to lose... If you're buying today, I can only say bold traders can go for it, but you need to consider the possibility that exists...

Stocks that have adjusted and are at low levels are always safer.

Changshan is jumping like this, while the SSE 50 doesn't even budge.

The Hang Seng has already surged, so what's there to fear..

Finance + healthcare—no issues here.

Whether Huawei is done or not still needs further observation. Last time, I thought once Huaqiang ended, Huawei would be done, but I missed out on a lot afterward.

Although bullish, I still don't have much favor for this kind of 'tough' business, so I didn't add to my position at the bottom. Otherwise, I would have some profits now. I just sold $Jiumaojiu(09922)$, less than 200,000 shares, losing tens of thousands—just enough to treat someone to a boxed meal. At the same time, I sold $China Tourism Group Duty Free(01880)$ in Hong Kong stocks. Since I bought it at the absolute bottom, it's still okay. I continue to reduce my position and recover cash. I might miss the rally, but I don't want to stay where I'm not confident. #Food and beverage sector is hot! Liquor stocks surge again#

$China Tianrui Cement (01252)$

The fabricated story goes something like this:

In 2011, Tianrui was listed in Hong Kong, and its stock price was lukewarm. In the second half of 2017, Boss Muzi began manipulating the stock himself, driving the price above 5 yuan and maintaining a P/E ratio far higher than that of Conch Cement and China National Building Material. Since its main business is concentrated in Henan Province, its largest clients by usage are Henan Jianye, Country Garden, and Evergrande Real Estate. The current situation of these three companies is already an open secret, resulting in billions of receivables in 2023 going unanswered. Subsequently, new residential construction in Henan has dropped to less than one-third of previous years, and various government infrastructure projects have basically halted.

The glamorous facade of Boss Muzi's stock manipulation could no longer be sustained, forcing him to choose the most extreme solution: leveraging the remaining financial support for upstream real estate companies to secure an additional 10 billion yuan in loans, then siphoning off funds through methods like prepayments. The company's CFO had no idea how to explain the annual report, so they simply didn’t.

(By the way, this isn’t the first time Boss Muzi has hollowed out a listed company and let it delist.)

Then, yesterday, the bomb dropped. The stock price plummeted 90% from 5 yuan in a straight line. Some naive investors refused to believe it could fall further and bought the dip—only for it to drop another 90%. Others still didn’t believe it could go lower and bought again. Fortunately, the market closed. I also don’t believe it will fall further because the company announced a temporary trading halt.

Unless something unexpected happens, 01252 will remain suspended until delisting. Trust Boss Muzi—he will absolutely not return the 10 billion yuan. In his playbook, the stock code 01252 has already fulfilled its historical mission.

小米变大米，先上 16🚀$XIAOMI-W(01810.HK)

$PDD(PDD.US) 我尊称你为最牛中概，没有之一！

$XIAOMI-W(01810.HK) 自从发布会后，一直跌，这个价位有承托么？希望双底形态 W 上去

今天有一则关于徐峥和陶虹被曝出境，同时他们多年累积的 8.2 亿巨款被美国银行单方面冻结的新闻。据称，这笔资金涉及张庭传销案，而徐峥和陶虹夫妇是张庭夫妇的亲密朋友，并通过参与该传销组织的运营和宣传，赚取了大量的佣金和分红。然而，该组织实际上是一个庞氏骗局，被警方查封。张庭夫妇被判处有期徒刑并被没收财产，而徐峥夫妇也受到了调查和审讯，目前尚不清楚他们最终的处理结果如何。

徐峥曾代言的 TST 酒水产业 “峥酒” 也曾引起网友们的质疑和批评，虽然徐峥在接受采访时表示，他并不知道 TST 是一家传销公司，只是为一款酒水产品代言。 但是，在这个事件中，徐峥和陶虹夫妇还是被曝出了与传销组织有密切关系，而这笔涉案资金的来源也被美国银行评估为可疑，因此该银行根据反洗钱法规将其冻结。如果他们无法提供资金来源的合法证明，这笔资金有被没收的风险。

最近看到一篇专访，谈到基金经理与研究员之间的不同。这位基金经理说，他刚开始进入行业时，遇到了很大的冲击，因为他学习的都是价值投资理论，但是 2013 年却是一个反常的年份，与价值投资背道而驰的股票价格却激增。他开始思考很多问题，试着从多种方式去理解市场，回归本质，思考股价的涨跌原因，股价在何时、何处、何种市场环境下会发生变化，并将投资需结合产品规模、投资人可以接受的投资期限去理解市场。

他还强调，股价在特定时间段内一定有一个核心的驱动要素，而这个驱动因素是不断变化的。比如，2013 年的大涨与边际动量有关，而非长期质地，这种逻辑在当前市场依然成立，但市场给的预期可能不是每个公司都能够实现。因此，他不仅关注价值本身，还会考虑股价的绝对位置和估值，以及一部分筹码结构的问题。他表示，股价有时领先于基本面、有时同步、有时滞后，我们时常忽略了前提的定语和假设条件，容易忽略中间动量的变化，导致投资失败。

要特别注意的是，所谓的长期价值投资一定要注意长期的期限到底是多久。例如，“漂亮 50” 末期买那些龙头白马股票质地选择都没错，十年、二十年后那些公司还是所在领域的龙头，壁垒很高，公司也很好，可是在十年之内可能没有任何收益，甚至亏损。最后他提到，投资成功需要不断地学习和深入研究，提高自己的投资能力和水平。

不知道大家有没有关注最近美国银行的情况？据报道，第一共和银行注资 450 亿美元，但不到 3 周的时间就已经全部烧掉了！这个烧钱速度也太快了吧！

这让耶伦财长非常着急，因此，泰国和阿根廷也赶紧跟进，停止使用美元，转而使用人民币进行贸易结算。其实，目前已经有 28 个国家停止使用美元了，这意味着美元这个霸主的地位已经动摇了。

耶伦也表示，美国经济衰退之快，已经完全出乎她的意料之外，无法理解究竟发生了什么，这导致世界上各国都在走向去美元化。

而最近美国银行接二连三地倒闭，让耶伦感受到了非常严重的压力。她甚至公开喊话，说如果各国都不使用美元，会导致世界经济大崩溃！不过，美国这么多年的霸道，也让一些人感到受不了了，所以反抗也是正常现象。

今天和一位朋友聊天，他说他的投资目标是每年赚取 20% 的收益率。我觉得这个目标既可以实现也很难实现。因为这个目标大致可以分为两个小目标：一是赚取 20% 的收益后空仓休息，二是从年初到年末赚取 20% 的收益。第一个小目标很容易实现，但是实现后难在如何空仓休息，等待下一个投资周期的到来。第二个小目标则很难实现，因为如果在年中时已经赚取到 20% 的收益，怎么样才能保证利润不被削减呢？如果我们将这个目标的周期缩短到一天、一周或一个月，我们会发现真正能实现目标的人都会在完成目标后强制性地空仓休息，等待下一个周期再来临。举个例子，Ai 科技股下周将会上涨五个点以上，如果我们把目标定为五个点，当周二第二天就完成了。如果我们空仓休息直到下一个周期再开始，那么这个投资目标就会很容易实现。但是，如果我们不能很好地控制自己的投资心态，那即使完成这个目标，最终的收益也可能会被削减。因此，学会如何空仓休息是非常重要的，只有这样才能够在投资中长期保持稳定的收益率。

最近关注一下投资论坛，发现一些网友在讨论大秦铁路公司的情况。据大秦铁路公司的财报显示，近年来收入未见增长，并呈现出 ROE 水平下降的趋势。经过分析，可能是因为煤炭公司逐渐拥有了自己的铁路公司，如神华铁路公司，这对大秦铁路公司的竞争形成了一定的压力，导致公司的货物运输量没有增长。此外，铁路运输已经饱和，公司也没有加大投资在固定资产上面，因为它可能已经没有好的投资项目了。而目前公司最大的开支是人工费用，每年高达 209 亿，通胀也是它最大的敌人。尽管公司通过运费调整，在一定程度上化解了成本上涨的压力，但毛利率仍是需要保持稳定的。总之，大秦铁路公司目前的情况值得我们投资者密切关注，并根据公司的具体情况，制定出合理的投资策略。

大家好，作为一名资深投资者，我今天来跟大家聊一下游戏行业的热门股票。在这个行业里，掌趣科技、三七互娱和游族网络可谓是三大巨头，被称作游戏三剑客。不过，最近大家还没忘记宝通科技，虽然它最终没有能够进入这个行列。但这并不代表它不好，可能下周一就会反包。宝通科技无论是从换手率、成交量还是市场辨识度上看，都还是很不错的。所以，我认为它仍然是游戏行业里的核心票。虽然近期宝通科技有所调整，但风险越大，收益也越高。总的来说，这个小盘子股票，3 亿多的成交量，值得我们期待。