To provide investment results that, before fees and expenses, closely correspond to twice (2x) the Daily performance of the Index
Fitch: China's Exports Remain Resilient, Buffering Weak Domestic Demand
China Publishes Tougher Solar and Polysilicon Energy-Efficiency Standards
China has a plan to rival America’s AI chips
China Unveils Renewable Energy Development "15th Five-Year" Plan, GOLDWIND Up 4%
HSI Closes Midday at 24,923, Down 208 pts; HSTI Closes Midday at 4,713, Down 101 pts; TENCENT Down over 5%; SITC Hit New Highs
HSI Down 318 pts; HSTI Down 79 pts; BABA Down over 5%; BOC HONG KONG, DAH SING, DAHSING BANKING, TCL ELECTRONICS, SWIRE PACIFIC A Hit New Highs
$HSTECH 7xLongSG271216(SYHW.SG)
It could be a good time to buy Hang Seng Tech 7x long now after falling for a week. Stay confident in your investment strategy and focus on the long-term potential rather than short-term market fluctuations.😁
$MINIMAX-W(00100.HK)
MiniMax Group– Has it dropped too far?
MiniMax’s stock has fallen sharply from its post-IPO peak of over HK435 now, a drop of over 65%. The trend and price signals suggest the stock may be oversold.
On 8 June 2026, MiniMax was officially added to the Hang Seng Tech Index (HSTech). This inclusion triggers mandatory buying from passive index-tracking funds and, according to Morgan Stanley, could bring an estimated US1.75 billion in passive inflows.
As a result, this index addition may provide a buffer against continued selling pressure.
🔷Technical Snapshots
🟢Daily view: Price is below its mid-trend level but the RSI is near 26. A level that usually means it is oversold. It is also near its lower price band, which often means selling pressure is easing.
🟢Short-term view: On the hourly chart, the RSI is starting to recover, and prices are stabilizing. A small bounce is possible, but the stock still faces resistance at HK$444 and HK$482.
🔷Key Financial figures reported
🟢FY2025 sales: US$79.0 million (+159% year-on-year)
🟢Gross profit: US$20.1 million (+437% year-on-year)
🟢Profit margin: 25.4% (up 13.2% from last year)
🟢Has over 236 million users worldwide, and 214,000+ business/developer clients
🟢Over 70% of sales come from outside its home market
The company is still losing money as it spends heavily on AI development and global growth. Its sales growth is among the fastest in the AI industry.
🔍 What to look for
🟢For buyers: If it rises above HK$480, it could signal the trend is improving.
🟢For sellers: If it falls below HK$400, prices may drop further.
In short: MiniMax is a fast-growing AI company but expect ups and downs as investors weigh its fast growth against when it will turn a profit.
For quick visual breakdown, please refer to the infographic below.
Not financial advice. Always do your own research before investing.
$Lion-OCBC Sec HSTECH S(HST.SG)
Ticket: HST (SGX)
Index Tracked: Hang Seng Tech Index (30 largest HK-listed China tech companies)
Top exposures: Tencent, Alibaba, Meituan, Xiaomi, JD, NetEase, SMIC
Structure: HST is a pure CN new-economy/platform -tech + AI + EV supply chain proxy
Key cyclical drivers:
(1) Fed easing -> weaker USD -> global capital flow into HK/China assets; if USD doesn't weaken -> capital stays in US assets & HST rallies tend to fail/stall
(2) Earnings normalisation after deep margin compression
(3) CN tech trading at much lower multiples -> Valuation gap Vs US tech remains wide
Outlook:
Near term - consensus is that Fed easing is off the table but earnings has some positives (e.g. Tencent). A large green candle with relatively high volume on 2 June is a promising sign for a possible reversal but we have to see if prices can hold for the next few session.
I am currently holding/accumlating this as a satellite growth allocation, pending re-rating/mean reversion of the Chinese tech.
