The US is a Superpower, But It Has Been Getting Thinner from Tossing Around These Years

Weekly Thoughts

The editor-in-chief of Global Times is an anomaly, and his views are sometimes sharp. On May 28, when commenting on a series of recent operations by the United States, he said: The United States is a superpower, but it has been getting thinner from tossing around these years. It really hits the nail on the head.
A person or an organization that shows its edge too much will inevitably attract blows from all directions. Ren Zhengfei and Huawei have been keeping a low profile, learning from American counterparts, and showing weakness to the US government, just to accumulate strength to charge towards the technological highlands and not expose themselves too early. Finally, coming to the 5G pass, the United States has no chance of winning in strangling Huawei.
There are 600 million people in the country with a monthly income of less than 1,000 yuan, which is more shocking than the fact that 1 billion people in China have never been on a plane and 500 million people have never used a toilet. Deng Xiaoping’s policy of “hide your strength and bide your time” must still be adhered to, and we must concentrate on doing our own things well.
US oil rebounded by 60% this month, but VAL has not improved. Facing VAL and USO, why did I choose VAL and why did I not choose the leader? Is it related to personality, always wanting to settle for the next best thing, and just being okay is enough?

Weekly Events, Period: 2020525-20200531

The Two Sessions closed.
Violence broke out in Minneapolis, USA, due to the killing of a black man by a white police officer. The video on the scene is truly shocking. Is the looting related to the large-scale unemployment in the US? Will it trigger imitation in other places, especially in black states in the south such as Tennessee and Michigan?
Trump continues his showy operations and withdraws from the World Health Organization.

Weekly Market

Period: 2020518-20200524

Shanghai, Hong Kong, and Shenzhen rose slightly, and the three major US stock indices all rose by more than 3%.

Hot Industry Concepts

From the perspective of Wind Level 4 industries, home furnishings, tourism, and airports led the gains, while oil, communications, and semiconductor indices led the declines. This week, Toutiao, Hainan Free Trade Zone, and yellow rice wine led the gains, while optical fiber, UHV, and network slicing led the declines.

Market (%)	Index	This Week	1 Week Ago	2 Weeks Ago	3 Weeks Ago
Shanghai Composite	2852.35	1.37	-1.91	-0.93	3.04
Shenzhen Component	10746.08	1.33	-3.28	-0.33	4.77
ChiNext Index	2086.67	1.96	-3.66	-0.04	4.65
Hang Seng Index	22961.47	0.14	-3.64	-1.79	-1.68
HSCEI	924.32	1.38	-2.31	-2.79	-2.02
Red Chip Index	3656.71	1.5	-3.46	-2.39	-1.04
Dow Jones	25383.11	3.71	3.29	-2.65	2.56
Nasdaq	9489.87	2.21	3.44	-1.17	6
S&P 500	3044.31	3.25	3.20	-2.26	3.5

Shanghai-Shenzhen-Hong Kong Stock Connect

Market (CNY, Billions)	This Week	Last Week	2 Weeks Ago	3 Weeks Ago
Shanghai Connect	77.86	-1.02	-23.14	18.83
Shenzhen Connect	74.58	41.64	51.71	30.92
Hong Kong Connect	65.30	30.04	16.89	7.62

Portfolio

The market has been a bit chaotic recently. Sub-new stocks have small capitalization, and after a short adjustment, there is a high probability that they will continue to rise. Cleared Goertek, bought sub-new stock Jingbeifang.

Type	Code	Name	Current Dynamic
Stock	SZ002241	Goertek	Clear
Stock	SZ002987	Jingbeifang	In
Stock	VAL	Valaris	Flat
Fund	F210008	Golden Eagle Strategy Allocation Mixed	Flat
Fund	F005311	Wanjia New Economy Momentum Mixed A	Flat
Fund	F000363	Guotai Juxin Value C	Flat
Fund	F005911	GF Dual Engine Upgrade Mixed	Flat
Fund	F161725	CMSC Baijiu Graded	Flat
Fund	F163415	Xingquan Commercial	Flat
Fund	F270022	GF Domestic Demand Growth Mixed	Flat
Fund	F004856	GF CSI All Share Construction	Flat
Fund	F001592	Tianhong ChiNext ETF	Flat