This is a 1-year chart of $Cambricon Technologies Corporation Limited(688256)$ listed in Shanghai. A 6-bagger. It's one of China's leading chip manufacturers, often compared with $NVIDIA(NVDA)$ due to its focus on AI. It bested Nvidia's 173% return and even did better than market darling $Palantir Technologies Inc.(PLTR)$ 's 355% gains. Just one of many examples of big stock market winners out of China that fall outside the usual scope of Wall Street analysts. It's the top holding of the $KraneShares SSE STAR Market 50 Index ETF(KSTR)$ that focuses on stocks listed in China's tech-focused STAR Board. It's also the 5th

Woah! $Apple(AAPL)$ saw a 47% plunge in mainland China sales in November. And it’s NOT due to a bad economy as headlines will suggest. China’s overall mobile phone market fell 5.1% to 29.6m units in November. That’s a decline of 1.59m units. But foreign branded phones fell 47% to 3.04m. They fell by 2.73m units!The domestic brands alone registered a 19.1% YoY growth to 26,56m units. ImageYou have no idea what you are talking about. 3 of top 5 are Chinese brands. And most likely most of the “Others” are also Chinese brands or made in China for foreign brands. $XIAOMI-W(01810)$ $Samsung Electronics Co., Ltd.(SSNLF)$ Image

Cup and handle. A bullish technical pattern… unless it’s a Chinese stock, which then results in a broken handle the moment you try to trade it. 😂😂😂 Just kidding.Image $.SPX(.SPX)$ and $.IXIC(.IXIC)$ on track for a banner year with 25.8% and 29.8% gains so far. China isn’t doing terrible with CSI 300 and Hang Seng Tech Index gaining 17.6% and 22.2% respectively. $NASDAQ 100(NDX)$ $KraneShares CSI China Internet ETF(KWEB)$ $KraneShares Bosera MSCI China A 50 Connect Index ETF(KBA)$ Image

$Lucid Group Inc(LCID)$ is worth $10B and “killing it” after delivering just 2,781 units in 3Q24 and losing $1B.😂 $NIO Inc.(NIO)$ $NIO-SW(09866)$ is worth $10B and “failing to deliver” after selling 61,855 units in 3Q24 and losing $1B.🙃One is losing $360K per unit and “killing it!”One is losing $16K per unit and has a “weak outlook.” $LEAPMOTOR(09863)$ is just an absolute standout right now in China’s very competitive EV market. Image

This is going to hurt the US far more than it will China.The US has very little capacity to produce legacy chips at a realistic price. It is a mass-market product that is quickly being dominated by China, which supplies the global electronics industry. The US can't undo this without causing a great deal of harm to itself and its consumers.Nobody in their right mind will invest tens of billions in legacy chip manufacturing in new locations that don't have the same supply chain ecosystem that China offers - including an endless amount of downstream manufacturers. China accounts for 1/3rd of global electronics manufacturing, much of which ends up on store shelves at $Wal-Mart(WMT)$ $Target(TGT)$

Hang Seng Tech Index quietly making gains this Friday (12/6) and reaffirming that breakout from the descending wedge pattern. Like I said previously, the market is too impatient. ➡️There are already signs of a budding recovery in China's property market. ➡️Both manufacturing and services PMI show expansion in November. ➡️Valuations are back to extreme lows when compared with US counterparts.➡️I think we just need to see the US dollar give up some of its recent gains to get a new rally going. $KraneShares CSI China Internet ETF(KWEB)$ $BABA-W(09988)$ $JD-SW(09618)$ $MEITUAN-W(03690)$