No matter what Powell says, a 50 basis point rate cut is an objective fact that will definitely bring various changes in capital flows. Chinese concept assets, which have been hit hard under the Fed's high-interest-rate standards, are expected to see a round of valuation recovery.

$NIO(NIO.US)$Alibaba(BABA.US)$XPeng(XPEV.US) etc.

These high-quality Chinese concept stocks have recently performed well in terms of earnings. It's time for them to embark on a recovery path and hopefully break through the year's previous highs. Keep it up👍

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By the way, I don’t dare to play too much with the leading U.S. stocks recently. The volatility is high, and single-leg operations are prone to misjudgment. I also don’t have the energy for bilateral operations. It’s better to hold onto undervalued Chinese concept stocks steadily.