To The Moon

In 2024, the $HSTECH(HSTECH)$ Index started the year on a very poor note. It fell 20% in January. But then it ended the year 49% up from its January lows. Total year gain of 19%.In 2025, it’s off to another weak start with a first-day loss of 2.6%. No telling if we will have to endure another selloff like we did last year.It will depend a lot on how fast China can turn promises & vows into action, how quickly the US dollar can start to give up its gains, and how less worse US-China relations can get in Trump’s first few weeks in office. $KraneShares Bosera MSCI China A 50 Connect Index ETF(KBA)$ $KraneShares CSI China Internet ETF(KWEB)$

1.The CSI 300 index moving up and out of that pennant formation.$KraneShares Bosera MSCI China A 50 Connect Index ETF(KBA)$ $KraneShares SSE STAR Market 50 Index ETF(KSTR)$ $iShares MSCI China ETF(MCHI)$Image2.China is expected to sell more NEV cars in 2025 than the entire US auto industry. Let that sink in.$Boyd Gaming(BYD)$ $Geely Automobile Holdings Ltd.(GELYF)$ $Tesla Motors(TSLA)$ $NIO Inc.(NIO)$ $XPeng Inc.(XPEV)$

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

1. $XIAOMI-W(01810)$ $Xiaomi Corp.(XIACY)$ Who says Chinese stocks are uninvestable?Image2. $Starbucks(SBUX)$ Would you still be willing to pay 28X PE and value SBUX at $105B if it lost its 2nd largest market?Image3. $KINGSOFT CLOUD(03896)$ $Kingsoft Cloud Holdings Ltd(KC)$ Kingsoft Cloud is rippin’ on AI and cloudcomputing prospects.Image4. $.SPX(.SPX)$ If the mainstream media headlines reflected the reality that America’s biggest (and many smaller) companies stand to lose their biggest or second-biggest market because of Washington’s

Remember when $1 billion used to seem like a very big number? 30 years ago $Microsoft(MSFT)$ was a $23 Billion company. Today it’s worth $3.26 Trillion.$23,000,000,000became$3,260,000,000,000Its market cap grew 142 times while its net income grew just 77x and revenues grew 53x.Stock market values reflect a company’s growth and profitability but also inflation that erodes the buying power of every dollar you keep in your ridiculously low-yielding bank accounts.Invest. It’s the only way to (legally) get ahead.

$Lucid Group Inc(LCID)$ 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 $Wal-Mart(WMT)$ $Target(TGT)$

$MicroStrategy(MSTR)$ joining the $Invesco QQQ(QQQ)$ is dumb.Where is the fiduciary responsibility by Invesco $Invesco(IVZ)$ to their clients (ETF holders)? It's not a "proxy" to BTC because it trades at an enormous premium to the only asset it holds.Even if MicroStrategy were to be considered a proxy for Bitcoin, it makes little sense to add highly volatile crypto as part of a broad index filled with companies that have an "E" to derive a PE ratio.It's a high-beta play on Bitcoin. Should that be really part of a company-based index?All it does is make sure that about 0.6% of QQQ's $207B AUM (or about $1.2B) flows into MSTR's stock upon inclusion. More Nasdaq 100 E

$Tesla Motors(TSLA)$ 's market cap is $1.37 trillion.Alone, it's worth more than SEVEN TIMES the entire China EV industry. $BYD COMPANY(01211)$ $BYD Co., Ltd.(BYDDF)$ $106.83b $GEELY AUTO(00175)$ $Geely Automobile Holdings Ltd.(GELYF)$ $19.86b $NIO Inc.(NIO)$ $NIO-SW(09866)$ $9.40b $LI AUTO-W(02015)$ $Li Auto(LI)$ $23.46b $XPeng Inc.(XPEV)$

1.A bad start to a critical month for $NIO Inc.(NIO)$ $NIO-SW(09866)$ . But to be fair, most major brands except for $Tesla Motors(TSLA)$ and $LI AUTO-W(02015)$ $Li Auto(LI)$ have seen declines during this period. The bar is just set a little higher for Nio and its subbrand ONVO.Image2.Like $Luckin Coffee Inc.(LKNCY)$ , investors left $DiDi Global Inc.(DIDI)$ for dead after scrutiny of the company after its US IPO. This was close to the height of China tech interest in the US markets and a few