The "Trump Trade" in US Stocks is losing momentum, while Stocks in China are outperforming.

China's top private equity firms reveal their "US stock report card": Shareholding in Alibaba and PDD Holdings, while Chinese concept stocks still account for half of the market.

Worse than the Internet bubble? Bank of America: The bursting of the "XINJINGJI" bubble could lead to a 40% plunge in the S&P.

Compared to Tepper's "Buy everything", hedge fund giants like Bridgewater, the big shorts, and Soros have "precisely missed" the significant surge of Chinese concept stocks.

U.S. Stock Market Preview | Retail data falls short of expectations! High-performing stocks soar in pre-market trading, Airbnb and Roku rise over 14%; Chinese concept stocks and ETFs celebrate wildly, Kingsoft Cloud increases over 15%, YINN rises over 8%.