Deployment for the second week of December - December 5 review

There are many diverse bars in the Central District, some of which have already achieved international-level certification standards; a special cocktail can already be enjoyed for an entire night.

The Hang Seng Index continues to fluctuate within a range, maintaining a sideways pattern for now. The upper resistance remains at 26,200, while the lower support is at 25,800. Unless there is a genuine breakthrough lasting more than two days, it is still uncertain whether a sustained trend will emerge after a real breakout.

The IPO market is experiencing its first winter, with $Macys(M.US)eet Noodles (02408.HK$TIANYU SEMI(2658.HK) also saw its stock price fall below the issue price on its first day of listing. Fortunately, $ABLE DIGITAL(2687.HK)'s grey market price rose by over 30%. As a leader in the digital educational content production market, the company is expected to revive the long-dormant education stock sector.

The Nasdaq Index remains hovering at high levels this week. Next week will be critical: will it successfully break through 26,000 points again, or will it fall below 25,400 points, potentially forming a head-and-shoulders top pattern? The answer should be clear soon.

$NVIDIA(NVDA.US) is still constrained by the major resistance level at 185, which is the most critical resistance point below 195. If the stock fails to break through this level and falls below 180 again, be cautious of a potential reversal in the semiconductor leader. $Intel(INTC.US) also faces resistance at a key juncture. The news of the company's halted plan to spin off its network division poured cold water on its surging stock price, though the uptrend remains intact for now. $AMD(AMD.US) is still held back below the critical level of 225, which will be a key focus in the coming days.

$Tesla(TSLA.US)'s short-term rebound slightly exceeded expectations, but this week clearly showed the stock rising when it should have fallen. $SoFi Tech(SOFI.US) has been trending downward since last month. Following the announcement of a stock offering to raise capital, the stock fell below the key level of 28 again. Caution is advised as the weekly chart shows the first signs of a potential top. $Macys(M.US)eta Platforms (META.US)$ continues to see its stock rise on news of cost-cutting measures. At the same time, the company announced AI data licensing agreements with multiple news publishers, significantly easing market concerns about its ability to monetize. If this business develops successfully, it could truly reverse the negative perception among investors, including myself. $Oklo(OKLO.US) rebounded from a key level after a downtrend, but the company has already signed a plan to issue equity at any time, which could significantly dilute existing shareholders' interests and raise market concerns.

Positions & Trading
Partially closed the short position on $Netflix(NFLX.US) after the stock fell below the psychological $CAM ASIA HIGHDV(3145.HK) is set to distribute dividends for the second month after successfully revising its fund strategy. Next Wednesday is the ex-date, with an expected dividend of HKD 0.09 per share. At the current price, the annualized yield is around 7.9%, which is quite attractive for dividend seekers. More importantly, the screening logic covers ROE, low debt ratios, and stable payout ratios, aligning with the long-term investment principles of the 'Stock God.'

Reflection
Many say trading is a science, while seasoned traders argue it's an art. If forced to choose, I lean toward the latter. A successful trader is defined by the ability to consistently and steadily profit. Achieving this requires knowing when to stop and when to act—much like a master painter leaving blank spaces or a beautiful musical score needing pauses. The best summary: entry is science, waiting is art, and exit is both.

Deployment
The Hang Seng Index surged rapidly after noon today, undoubtedly driven by Chinese financial stocks, particularly insurers leading the charge. The National Financial Regulatory Administration's adjustments encourage insurers to make longer-term investments while improving long-term capital management capabilities. Essentially, lowering risk factors reduces the minimum capital requirements for insurers holding stocks, freeing up capital for reinvestment and enhancing solvency. Investing in $CAM CSI300(3188.HK) component stocks reduces the risk factor from 0.3 to 0.27, boosting $PING AN(2318.HK)'s core solvency by 4.4%—a significant positive for revenue. This mirrors a cut in bank reserve requirements. Among insurers, Ping An stands out, having just broken through a major resistance level for the fourth time since October 2024. Meanwhile, its AI project was selected as a best practice in a financial industry development report. Morgan Stanley's latest research also spotlighted the company, drawing renewed attention to its previously lagging stock. After breaking the key 60 level on heavy volume, the weekly chart suggests strong upside potential, with the next resistance at 80.

U.S. drone companies remain a key focus next week, with close monitoring of $Ondas(ONDS.US) and $Joby Aviation(JOBY.US).

In Hong Kong, non-ferrous metal stocks like $JIANGXI COPPER(358.HK) and $CHINFMINING(1258.HK) remain strong. Watch for potential short squeezes in futures, as reports indicate major commodity traders are moving LME inventories to the U.S. A short squeeze could spiral out of control if shorts scramble to buy physical supplies.