[Tan Sir Talks Stocks 25.7.11] The US stock market repeatedly sets new highs, and NVIDIA's market capitalization surpasses 4 trillion.

$S&P 500 Index(.SPX.US)$ This week reached a new high, with the market focusing on Trump's tariff policy; however, there was no significant risk aversion sentiment in the market, and the belief in TACO trades continues to support a positive market situation. The semiconductor Sector remains strong under the influence of the AI Concept.$iShares Semiconductor ETF(SOXX.US)$ This year also saw a new high, with NVIDIA's Market Cap surpassing 4 trillion.$Advanced Micro Devices(AMD.US)$ There are also signs of catching up. Overall, caution is still needed in the Technology Industry for chasing gains, and in the semiconductor area, it is still recommended for the group to pay attention to companies with stronger fundamentals.$NVIDIA(NVDA.US)$ and$Broadcom(AVGO.US)$ , both of which have recently set new historical highs.

There is not much change from the views of last week; the investment themes in the U.S. stock market mainly revolve around the AI theme and financial innovations of stablecoins in Cryptos.$比特幣 (BTC.CC)$ It is worth noting that recently there has also been a breakthrough setting historical highs, along with the concept of stablecoins, while the rarity of Bitcoin and its future status as a strategic reserve remain unchanged. Considering the current positive market sentiment, prices are expected to remain strong in the short term.$Strategy(MSTR.US)$ Investing in Bitcoin lagging behind the concept stocks will be led by , or related leveraged ETFs can be considered for short-term deployment.

Double long MSTR ETF: $CSOP MicroStrategy Daily (2x) Leveraged Product(07799.HK)$  $T-Rex 2X Long MSTR Daily Target ETF(MSTU.US)$

As for Hong Kong stocks, $Hang Seng Index(800000.HK)$ This week has slightly stabilized, and the overall upward trend in technical performance has not changed. The funds in Hong Kong stocks are mainly concentrated on the speculation of stablecoin concepts, with significant Inflow from the North into these types of concept stocks. Short-term trading poses little problem, but mid-term investments still require attention to valuations and market changes. Hong Kong stocks continue to focus on stock speculation rather than market speculation. Notice that starting in July, funds have also begun to continuously speculate on shares of industries with excess capacity, mainly anticipating that the mainland's policies will resolve the issues, betting that the worst moments have passed. For example, in the photovoltaic Sector, construction Cement, domestic real estate, and Smart Phone equipment-related shares. Short-term operations can use technical performance to assist trading related shares.

$XINYI SOLAR(00968.HK)$  $FLAT GLASS(06865.HK)$  $GCL TECH(03800.HK)$   $XINTE ENERGY(01799.HK)$  $CONCH CEMENT(00914.HK)$  $CR BLDG MAT TEC(01313.HK)$  $CNBM(03323.HK)$  $CHINA RES LAND(01109.HK)$  $CHINA OVERSEAS(00688.HK)$  $LONGFOR GROUP(00960.HK)$  $BEKE-W(02423.HK)$  $AAC TECH(02018.HK)$  $SUNNY OPTICAL(02382.HK)$  $BYD ELECTRONIC(00285.HK)$

As for the large Technology stocks that everyone is paying attention to, funding may only be available when there is a clear direction in the China-U.S. trade agreement. However, it is worth noting that there are individual messages.$XIAOMI-W(01810.HK)$ and$KUAISHOU-W(01024.HK)$ during this time, it has already outperformed.$Hang Seng TECH Index(800700.HK)$ 。