Chinese stocks surged since Tuesday, stimulated by China's three major favorable policies. $HSI(HSI)$ $HSTECH(HSTECH)$ $Direxion Daily FTSE China Bull 3X Shares(YINN)$ $KraneShares CSI China Internet ETF(KWEB)$ The two trades of Duan Yongping, the so called Chinese Buffett, in August were once again praised by the market.Duan Yongping and BuffettOn August 20, Duan Yongping publicly released a trade in one Chinese investment community: On August 14, after the earnings release of $TENCENT(00700)$ $Tencent - main 2409(TCHmain)$

$TENCENT(00700)$ released Q4 2022 and its full-year earnings after Mar,22. Sales slightly beat market consensus, the effect of reducing costs and increasing efficiency continues, and the margin promoted better than expected. Offline business still affected, while games and entertainment performed steadily. Fortunately, video content is entering an accelerated monetizing period, ads revenue growing strong recovery potential. We expect further recovery  in 2023.Overview of Q4 performanceRevenue 144.95 billion yuan, up 1% year-on-year, higher than the market expectation of 144.50 billion yuan. Among them,The overall income of value-added services was 70.4 billion