躺平指数
2024.07.09 09:47

0709 Hong Kong and US stock market review: A-shares and H-shares fell broadly in the morning but rebounded in the afternoon.

Shipping, port, and power sectors were relatively strong in the Hong Kong market, while tech stocks also saw a notable rebound. Tencent remained stable, and Kuaishou performed the best, likely due to recent updates and upgrades to the Koling large model.

CNOOC and China Mobile have been adjusting for a week. For now, stay away from small-cap stocks in Hong Kong—it's too tough, with no liquidity at all. Unless you find growth stocks with relatively certain earnings.

$CHINA MOBILE(941.HK)

Wait for dividend stocks; be cautious with others.

US tech stocks are incredibly strong—Nvidia, AMD, Intel, TSMC, Apple, Google, Tesla, etc., keep rotating without dropping, with seemingly unlimited upside. Be aggressive with US tech stocks; don’t fear highs—those who do are destined to suffer.

Tonight, focus on Intel and AMD $Intel(INTC.US) $AMD(AMD.US)

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