In July, we maintained a medium-to-high portfolio exposure, with positioning largely unchanged. Our core investment themes were unchanged, with continued focus on internet, semiconductors, cloud computing, consumer sectors, and fintech. Within AI, we concentrated on AI applications, cloud infrastructure, and leading chip manufacturers.

Market valuations have increased while the composite discount rate has declined, now belowthe median level seen between 2002 and 2024.

In May, the U.S. stock market saw significant gains, prompting us to reduce our holdings based on risk-reward considerations. Our current portfolio maintains a moderately high allocation. Key investments focus on internet, semiconductors, cloud computing, consumer goods, and financial technology.

Following the tariff "black swan" event in early April, markets experienced a panic-driven decline.during which we made modest portfolio increases. As markets subsequently recovered, our totalposition remains roughly the same as last month, at a relatively reasonable level.

This issue is linked with the video account financial blogger Trader JIU. Let's chat about the recent US stock earnings and how to invest in the current market.

This episode is co-broadcasted with TASHANZHISHIGUANTOUZI.

The total portfolio position was slightly reduced in March, but the overall position remainsrelatively high. Key investment areas included the internet, semiconductors, cloud computingconsumer goods, and financial technology.

This article attempts to quickly study the impact of the current Sino-US conflict on the economy if it does not escalate further. It uses AI

At GTC, Jensen Huang posted two very interesting pictures

In February, we maintained a high position level. Key investment areas included the internet,semiconductors, cloud computing, consumer goods, and fintech, with continued increases ininvestments in fintech and emerging markets.

In January, the company maintained a high position, focusing on investments in the Internet, semiconductors, cloud computing, consumption an

In 2024, we maintained a high position, focusing on sectors such as internet, semiconductors, cloud computing, consumer goods, and fintech.

This episode is co-broadcasted with [投资实战派]. Topics: 11:34 Understanding of value investment and growth investment 25:07 How to price...

In November, we maintained a high portfolio position and increased investments in AI applications and emerging market Super Apps.

In October, we maintained a high position, focusing on the internet, cloud computing,semiconductors, consumer sectors, and financial te...

In recent years, I've reviewed several sectors within the U.S. consumer goods industry. Here, I’ll provide a brief summary of my current...

Recently, we visited the U.S. to conduct research on the technology and consumer sectors, and I’d like to gradually share some of the...

In September, we maintained a high position, focusing on the internet, cloud computing,semiconductors, consumer sectors, and financial ...

In August, we maintained a high position, focusing on the internet, cloud computing,semiconductors, consumer sectors, and financial techn..