#新年第一单：马年开仓越疆，押注人形机器人的 “马力”

My first trade of the 2026 Year of the Horse, I chose Hong Kong-listed Yuejiang (02432.HK). This not only echoes the "horse element" but also represents a firm bet on the humanoid robot sector.

1. Trade Details 📊

Target: Yuejiang (02432.HK)

Operation: Bought at the opening price of HKD 36.48 per share on a day in January. On February 13th, the stock price surged to a high of HKD 40.54, closing at HKD 40.20, resulting in a paper loss of about 2%.
Position: Allocated about one-third of my personal funds, constituting a trend-based position opening.

2. Trading Rationale: Why Yuejiang?

1. Deep Alignment with the "Horse" Element
Yuejiang has deep roots in the industrial robot and humanoid robot fields. Its core products, robotic arms and the ATOM humanoid robot, embody "strength and speed" in modern industry, perfectly aligning with the Year of the Horse's spirit of "pioneering and forging ahead."

2. Strong Catalysts in Basic Factors

Mass Production Delivery: On February 4th, Yuejiang officially commenced the third batch of mass production and delivery of its ATOM humanoid robots, marking a key step from R&D to large-scale application.
A-Share Listing Expectation: The company has announced plans for an A-share listing, which will bring stronger capital support and market attention.
Industry Dividend: Humanoid robots are seen as the core sector of the next tech wave. As a leading domestic player, Yuejiang stands to benefit significantly from the industry's growth.

3. Clear Technical Signals
The stock price formed solid platform support around HKD 35. It broke out on high volume on February 12th and continued its strong rise on February 13th, with a MACD golden cross, indicating a clear positive short-term trend.

3. Review and Outlook 🔮

Short-term: Focus on the progress of humanoid robot deliveries and announcements regarding the A-share listing. If catalysts persist, the stock price may challenge the resistance level around HKD 45.
Medium to Long-term: As the penetration rate of humanoid robots increases in industrial, service, and other scenarios, Yuejiang, as a core hardware and solution provider, has vast growth potential. I plan to average down and increase my position to 2/3% when the stock price retraces to around HKD 38.

4. The Profit & Loss Story 💡

For me, this trade is not just a transaction, but an act of faith in the tech trend. At the start of the Year of the Horse, choosing to ride alongside the high-"horsepower" tech sector is both a tribute to traditional culture and a bet on the future. I believe that by sticking to the logic, we can "make money immediately" and gallop forward in the new year!