大秦阳泉君

Today's session was simply indescribable. $BAO PHARMA-B(02659.HK) just did a high-diving act for me, turning good news into bad news. You could give a lecture just by memorizing this script. $AKESO(09926.HK) is still stuck in Phase III news; the ones I bought aren't moving, while the ones I didn't are soaring.

$SDHG(00412.HK) and $KB LAMINATES(01888.HK) are quite stable, but it's obvious that the money has flowed into thematic stocks. Conch Cement, which had decent fundamentals, got swept away in one fell swoop as well.

Now I don't know whether to be zen and pretend to sleep, or hold my breath and keep playing. The Hong Kong stock market is truly a place to train your mental fortitude.

Today, all three of these rare earth and uranium stocks are surging: $USA Rare Earth(USAR.US), $Cameco(CCJ.US), and $Energy Fuels(UUUU.US) — each one stronger than the last. Seeing this just makes me regret wavering and not holding my position back then. I was still hesitating just two days ago, wondering if the rally was about to end, and now it's slapping me in the face. Lately, capital has been hunting for resource themes, and Wall Street analysts have been aggressively raising their target prices. While A-shares remain lifeless, U.S. resource stocks are surprisingly strong. Missed the boat, can only watch with a zen-like detachment... To the bros holding positions, happy for you!

Watching Li Ning fall again today, Anta's rumored acquisition of Puma is still unconfirmed, and even BlackRock's increased holdings can't stabilize market sentiment. Geek+ had its moment in the spotlight a while back, but now it's pulling back, feeling a bit like the new wave can't catch up to the old. BYD Electronic is moving sideways; that triple top pattern has been talked about for almost a month, who dares to charge in now? Huiju Technology and Mobvista are flat on the floor, with short-term speculative sentiment thoroughly taught a lesson. The current Hong Kong stock market feels like it's in a phase of self-reflection. Chasing themes requires extra caution; it's inexplicably become zen-like. People don't dare to move their money recklessly anymore.

$Eli Lilly(LLY.US) This wave is a standard emotional rollercoaster. On earnings day, it directly rose by over 10%, then dropped by over 7% the next day, and now it's rebounding by over 4% in pre-market. The fundamentals haven't suddenly worsened, but Trump's statement "Eli Lilly promises to significantly reduce GLP-1 costs" directly brought pricing power and policy risks to the forefront. This stock is no longer just a pure pharmaceutical play—it's a combination of policy, sentiment, and capital speculation.

Lumentum's earnings report is coming soon, and market expectations are generally high. I'm a bit itchy with my current position, but honestly, the volatility of optoelectronic companies with AI themes has been increasing recently. Although analysts are all bullish, I have this uneasy feeling that 'too high expectations can easily collapse.' I've decided to wait and see, not chasing the highs.

$Grayscale Bitcoin Mini Trust ETF(BTC.US) The recent drop in Bitcoin is quite annoying. When there's a power issue, miners shut down, and Bitcoin starts trembling. Even stable coins can't hold up this time, and funds are rushing to gold and silver. With more people involved, even faith is shaken? Seeing it drop below 90,000 again after all the hope is really frustrating. Bitcoin believers have been unusually quiet lately, truly feeling a bit helpless.

Recently, the U.S. stock semiconductor sector has been completely irrational. Small-cap stocks like AXT can surge 20% out of nowhere, while WOLF somehow skyrockets despite undergoing bankruptcy restructuring—utterly absurd. STM hitched a ride on the iPhone 18 hype, and the market immediately showed favor. COHR and RMBS also rose alongside the AI and data center trends. Honestly, who dares to go all-in with such volatility? Every time prices spike, you expect a pullback, only to watch them soar further—witnessing the madness of this new AI-driven market narrative... Talking bearish while holding empty positions, emotional exhaustion maxed out.

$INNOSCIENCE(02577.HK) It fell so hard just two days ago, but today securities firms are bullish again, and it actually rebounded more than 1%. Honestly, I have no confidence at all, and I don’t know if it will suddenly turn red again tomorrow.

$Sunac China(01918.HK) There have been constant news about new projects starting, and Sun Hongbin himself showed up. I was still wondering yesterday if their assets could be revitalized.

$LINK REIT(00823.HK) Over there, nothing much ever happens.

The healthcare one $160 HEALTH(02656.HK) is just fluctuating a little bit anyway.

The newly listed $CIDI(03881.HK) will announce the lottery results tomorrow. I wonder if there’s a chance.

The biopharmaceutical sector is truly a battlefield. BDRX and RADX have been soaring like a roller coaster recently, with RADX's +100% daily gain even putting the A-shares to shame. Honestly, I'm even afraid to chase the highs...

Small-cap pharma stocks are like this—when policy or trial news hits, the drama starts immediately. Unfortunately, my old bones can't take the risk anymore 😮‍💨

The volatility in OSCR and YCBD seems like just thematic rotation and hype, but the moat is ultimately too narrow. All I can say is, in this market, what you don't earn is what you keep.

$Xiaomi Group-W(01810)$ Shouldn't the run be based on the semi-annual report? The first-quarter report for cars and the Nanjing R&D center can't affect the profit and loss yet, it's just blind running.

Tesla, the once king, as the saying goes, the automotive industry is already like this, without new growth points it won't work.