Chris hurt personal page

Chris hurt

No personal profile

0Follow

0Followers

0Topic

0Badge

Chris hurt

02-13

US companies are global giants and they are currently On sale so the smart investors will load up

Forget the "Sell America" Trade. Here Comes "Hedge America."

Chris hurt

02-13

Sale sale sale

Amazon’s Stock Just Entered a Bear Market. This "Magnificent Seven" Name Could Be Next

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"4219025852952782","uuid":"4219025852952782","gmtCreate":1755922655978,"gmtModify":1770823258763,"name":"Chris hurt","pinyin":"chrishurtchrishurt","introduction":"","introductionEn":null,"signature":"","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":0,"headSize":0,"tweetSize":2,"questionSize":0,"limitLevel":999,"accountStatus":1,"level":{"id":0,"name":"","nameTw":"","represent":"","factor":"","iconColor":"","bgColor":""},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"init","userBadges":[],"userBadgeCount":0,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":1,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":532278356890496,"gmtCreate":1770972332311,"gmtModify":1770972764664,"author":{"id":"4219025852952782","authorId":"4219025852952782","name":"Chris hurt","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4219025852952782","authorIdStr":"4219025852952782"},"themes":[],"title":"","htmlText":"US companies are global giants and they are currently On sale so the smart investors will load up","listText":"US companies are global giants and they are currently On sale so the smart investors will load up","text":"US companies are global giants and they are currently On sale so the smart investors will load up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/532278356890496","repostId":"2611186713","repostType":2,"repost":{"id":"2611186713","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1770969399,"share":"https://ttm.financial/m/news/2611186713?lang=en_US&edition=fundamental","pubTime":"2026-02-13 15:56","market":"nz","language":"en","title":"Forget the \"Sell America\" Trade. Here Comes \"Hedge America.\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2611186713","media":"Dow Jones","summary":"The threat that foreigners could dump U.S. assets -- or \"Sell America\" -- has loomed over markets since President Trump returned to office last year and upended the world order.The slide in the dollar to multiyear lows is the clearest sign that foreigners are nervous about the U.S., where they have invested $36 trillion into stocks and long-term bonds. Foreign purchases of U.S. Treasurys have slowed, and some investors, like European pension funds, have turned to sellers.But U.S. stocks remain an outlier, continuing to draw money from overseas and helping indexes weather jitters related to artificial intelligence.The result is a halfhearted \"Sell America\" trade that reflects a desire to hedge U.S. exposure rather than eliminate it. Still, as investors across Europe and Asia dial back some U.S. investments, it is throwing into question the country's dominance in global markets -- a position that has allowed Washington to borrow more cheaply, made everyday investors rich and funded U.S. ","content":"<html><head></head><body><p>The threat that foreigners could dump U.S. assets -- or &#34;Sell America&#34; -- has loomed over markets since President Trump returned to office last year and upended the world order.</p><p>The slide in the dollar to multiyear lows is the clearest sign that foreigners are nervous about the U.S., where they have invested $36 trillion into stocks and long-term bonds. Foreign purchases of U.S. Treasurys have slowed, and some investors, like European pension funds, have turned to sellers.</p><p>But U.S. stocks remain an outlier, continuing to draw money from overseas and helping indexes weather jitters related to artificial intelligence.</p><p>The result is a halfhearted &#34;Sell America&#34; trade that reflects a desire to hedge U.S. exposure rather than eliminate it. Still, as investors across Europe and Asia dial back some U.S. investments, it is throwing into question the country&#39;s dominance in global markets -- a position that has allowed Washington to borrow more cheaply, made everyday investors rich and funded U.S. companies.</p><p>&#34;It&#39;s going to be a glacial, tectonic thing but it will be a thing,&#34; said Anders Schelde, chief investment officer of the Danish pension fund AkademikerPension. &#34;If we allocate more to Europe over the next 10 years, we will by definition allocate less to the rest of the world, including the U.S.&#34;</p><h2 id=\"id_2331447059\">Dollar decline</h2><p>The dollar has slumped about 8% over the past year. That came despite a number of factors that should support the currency: a roaring U.S. stock market, the economy&#39;s strength and higher interest rates in the U.S. than in much of the developed world.</p><p>John Sidawi, a senior portfolio manager at <a href=\"https://laohu8.com/S/FHI\">Federated Hermes</a>, said this mismatch shows investors still want to hold U.S. assets but have grown less comfortable with the added risk of holding the currency.</p><p>&#34;It&#39;s not selling America -- it&#39;s hedge America,&#34; he said.</p><p>Hedging the currency, through derivatives markets, can be an easier and cheaper way to bring down U.S. exposure than selling stocks or bonds. But it can also become a self-reinforcing cycle: Hedging involves selling the dollar, weighing on the price.</p><p>Many foreign investors went into last year heavily exposed to dollar swings. The currency&#39;s run-up over the past decade led many investors to conclude it wasn&#39;t worth the cost of hedging.</p><p>When the dollar was rising, it boosted foreign investors&#39; returns on the U.S. stocks and bonds they owned when they converted their profits back into home currencies. And when stocks were hit by volatility, the dollar often gained because of its role of a safe haven, offsetting losses.</p><p>&#34;It was such a no-brainer,&#34; said Andreas Koenig, global head of foreign-exchange at Amundi, Europe&#39;s largest asset manager. &#34;You have the dollar in your portfolio, and it always saves you anytime something bad happens. It was just too good to not have it.&#34;</p><p>The decline in the dollar last year changed the calculus for investors. Danish pension funds and life insurers raised their U.S. dollar hedging ratio s -- or the portion of their dollar-denominated assets protected against currency swings -- to 71% at the end of last year, from 61% at the start, according to data from the country&#39;s central bank.</p><p>Analysts expect more foreign investors to do the same this year. Heavyweights, like Japanese and Taiwanese life insurers, are still hedging relatively little dollar exposure and even minor shifts could be a big drag on the currency.</p><h2 id=\"id_1843162969\">Threats to Treasurys</h2><p>Trump&#39;s January pursuit of Greenland, a semiautonomous territory of Denmark, fueled speculation that foreign investors could &#34;weaponize&#34; -- or band together to sell -- U.S. assets.</p><p>Foreign holdings of Treasurys hit a record $9.4 trillion in November, but the pace of buying has slowed to $422 billion in the year through November from $641 billion a year earlier. Some foreign central banks and investors, particularly in Northern Europe, have become outright sellers.</p><p>AkademikerPension, a small pension for Danish high-school teachers and other public-sector workers, became the face of &#34;Sell America&#34; fears in January after announcing it would unload $100 million in U.S. Treasurys.</p><p>&#34;We were stunned,&#34; said Schelde, the fund&#39;s investment chief, about the attention the move received. &#34;It was not such a big decision or anything. It was more daily business.&#34;</p><p>Schelde said the choice was driven by concerns about rising U.S. deficits and debt levels, not Washington&#39;s position on Greenland. It also has sold U.S. corporate bonds in recent months.</p><p>Denmark&#39;s largest commercial pension fund, PFA, has also ditched U.S. Treasurys, which used to make up about 30% of its government bond portfolio. Chief Investment Officer Kasper Ahrndt Lorenzen said the fund has been selling them for years after deciding it was more sensible to invest in bonds in its own currency.</p><p>But the fund still invests a large part of its portfolio in U.S. stocks, and speculation that the Trump administration could target a weaker dollar led Lorenzen to ramp up currency hedging last year.</p><p>&#34;We were reminded, hey, we own a lot of U.S. assets,&#34; he said.</p><p>Bigger questions hang over Japan and China -- two of the largest lenders to Washington. Rising interest rates in Japan could encourage investors to start bringing home some of the trillions of dollars they have invested overseas.</p><p>On paper, China&#39;s U.S. Treasury holdings have fallen to their lowest level since 2008. But its real investments could be over $1 trillion, according to Brad Setser, senior fellow at the Council on Foreign Relations.</p><p>He said China has shifted to using offshore intermediaries in places like Belgium and state banks to buy Treasurys, obscuring its real exposure. Setser said he believes that state banks have been buying U.S. Treasurys lately as part of an effort to slow the appreciation of China&#39;s currency -- selling yuan and buying dollars -- a trend he expects to continue.</p><h2 id=\"id_3518497052\">Stocks keep rallying</h2><p>Foreigners&#39; appetite for U.S. stocks wasn&#39;t rattled last year by the White House&#39;s policies. Foreigners bought $689 billion in stocks in the year through November, according to U.S. Treasury Department data, up sharply from $197 billion the year before.</p><p>&#34;Last year, clients were telling me, &#39;I can&#39;t go to my board and say I want to reduce U.S. stock allocations,&#39; said Vincent Mortier, chief investment officer of Amundi. &#34;You needed to be very brave.&#34;</p><p>Now, global markets are outpacing the U.S., and investors are starting to question whether it is time to invest less in America. Such decisions take time. Many investors use global indexes dominated by the U.S. as benchmarks, and making big changes can require reviews or board approvals.</p><p>&#34;We cannot just sell out of the AI companies,&#34; said Nicolai Tangen, who runs Norway&#39;s $2.1 trillion sovereign-wealth fund, when asked about its U.S. tech exposure in January. &#34;We do not have that kind of risk budget.&#34;</p><p>An advisory panel recently raised concerns about its U.S. concentration and questioned whether the fund -- whose investments must largely align with benchmarks chosen by the Norwegian government -- should be given more room to maneuver.</p><p>For Schelde, of Denmark&#39;s AkademikerPension, the geopolitical upheaval has him considering bigger changes, such as investing more in homegrown sectors like defense. Still, he thinks the U.S. is likely to remain one of its biggest investments.</p><p>&#34;The only reason why we exist is to provide good pensions to our members, and I can&#39;t see that you can do that without investing in the U.S.,&#34; he said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Forget the \"Sell America\" Trade. Here Comes \"Hedge America.\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nForget the \"Sell America\" Trade. Here Comes \"Hedge America.\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-13 15:56</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The threat that foreigners could dump U.S. assets -- or &#34;Sell America&#34; -- has loomed over markets since President Trump returned to office last year and upended the world order.</p><p>The slide in the dollar to multiyear lows is the clearest sign that foreigners are nervous about the U.S., where they have invested $36 trillion into stocks and long-term bonds. Foreign purchases of U.S. Treasurys have slowed, and some investors, like European pension funds, have turned to sellers.</p><p>But U.S. stocks remain an outlier, continuing to draw money from overseas and helping indexes weather jitters related to artificial intelligence.</p><p>The result is a halfhearted &#34;Sell America&#34; trade that reflects a desire to hedge U.S. exposure rather than eliminate it. Still, as investors across Europe and Asia dial back some U.S. investments, it is throwing into question the country&#39;s dominance in global markets -- a position that has allowed Washington to borrow more cheaply, made everyday investors rich and funded U.S. companies.</p><p>&#34;It&#39;s going to be a glacial, tectonic thing but it will be a thing,&#34; said Anders Schelde, chief investment officer of the Danish pension fund AkademikerPension. &#34;If we allocate more to Europe over the next 10 years, we will by definition allocate less to the rest of the world, including the U.S.&#34;</p><h2 id=\"id_2331447059\">Dollar decline</h2><p>The dollar has slumped about 8% over the past year. That came despite a number of factors that should support the currency: a roaring U.S. stock market, the economy&#39;s strength and higher interest rates in the U.S. than in much of the developed world.</p><p>John Sidawi, a senior portfolio manager at <a href=\"https://laohu8.com/S/FHI\">Federated Hermes</a>, said this mismatch shows investors still want to hold U.S. assets but have grown less comfortable with the added risk of holding the currency.</p><p>&#34;It&#39;s not selling America -- it&#39;s hedge America,&#34; he said.</p><p>Hedging the currency, through derivatives markets, can be an easier and cheaper way to bring down U.S. exposure than selling stocks or bonds. But it can also become a self-reinforcing cycle: Hedging involves selling the dollar, weighing on the price.</p><p>Many foreign investors went into last year heavily exposed to dollar swings. The currency&#39;s run-up over the past decade led many investors to conclude it wasn&#39;t worth the cost of hedging.</p><p>When the dollar was rising, it boosted foreign investors&#39; returns on the U.S. stocks and bonds they owned when they converted their profits back into home currencies. And when stocks were hit by volatility, the dollar often gained because of its role of a safe haven, offsetting losses.</p><p>&#34;It was such a no-brainer,&#34; said Andreas Koenig, global head of foreign-exchange at Amundi, Europe&#39;s largest asset manager. &#34;You have the dollar in your portfolio, and it always saves you anytime something bad happens. It was just too good to not have it.&#34;</p><p>The decline in the dollar last year changed the calculus for investors. Danish pension funds and life insurers raised their U.S. dollar hedging ratio s -- or the portion of their dollar-denominated assets protected against currency swings -- to 71% at the end of last year, from 61% at the start, according to data from the country&#39;s central bank.</p><p>Analysts expect more foreign investors to do the same this year. Heavyweights, like Japanese and Taiwanese life insurers, are still hedging relatively little dollar exposure and even minor shifts could be a big drag on the currency.</p><h2 id=\"id_1843162969\">Threats to Treasurys</h2><p>Trump&#39;s January pursuit of Greenland, a semiautonomous territory of Denmark, fueled speculation that foreign investors could &#34;weaponize&#34; -- or band together to sell -- U.S. assets.</p><p>Foreign holdings of Treasurys hit a record $9.4 trillion in November, but the pace of buying has slowed to $422 billion in the year through November from $641 billion a year earlier. Some foreign central banks and investors, particularly in Northern Europe, have become outright sellers.</p><p>AkademikerPension, a small pension for Danish high-school teachers and other public-sector workers, became the face of &#34;Sell America&#34; fears in January after announcing it would unload $100 million in U.S. Treasurys.</p><p>&#34;We were stunned,&#34; said Schelde, the fund&#39;s investment chief, about the attention the move received. &#34;It was not such a big decision or anything. It was more daily business.&#34;</p><p>Schelde said the choice was driven by concerns about rising U.S. deficits and debt levels, not Washington&#39;s position on Greenland. It also has sold U.S. corporate bonds in recent months.</p><p>Denmark&#39;s largest commercial pension fund, PFA, has also ditched U.S. Treasurys, which used to make up about 30% of its government bond portfolio. Chief Investment Officer Kasper Ahrndt Lorenzen said the fund has been selling them for years after deciding it was more sensible to invest in bonds in its own currency.</p><p>But the fund still invests a large part of its portfolio in U.S. stocks, and speculation that the Trump administration could target a weaker dollar led Lorenzen to ramp up currency hedging last year.</p><p>&#34;We were reminded, hey, we own a lot of U.S. assets,&#34; he said.</p><p>Bigger questions hang over Japan and China -- two of the largest lenders to Washington. Rising interest rates in Japan could encourage investors to start bringing home some of the trillions of dollars they have invested overseas.</p><p>On paper, China&#39;s U.S. Treasury holdings have fallen to their lowest level since 2008. But its real investments could be over $1 trillion, according to Brad Setser, senior fellow at the Council on Foreign Relations.</p><p>He said China has shifted to using offshore intermediaries in places like Belgium and state banks to buy Treasurys, obscuring its real exposure. Setser said he believes that state banks have been buying U.S. Treasurys lately as part of an effort to slow the appreciation of China&#39;s currency -- selling yuan and buying dollars -- a trend he expects to continue.</p><h2 id=\"id_3518497052\">Stocks keep rallying</h2><p>Foreigners&#39; appetite for U.S. stocks wasn&#39;t rattled last year by the White House&#39;s policies. Foreigners bought $689 billion in stocks in the year through November, according to U.S. Treasury Department data, up sharply from $197 billion the year before.</p><p>&#34;Last year, clients were telling me, &#39;I can&#39;t go to my board and say I want to reduce U.S. stock allocations,&#39; said Vincent Mortier, chief investment officer of Amundi. &#34;You needed to be very brave.&#34;</p><p>Now, global markets are outpacing the U.S., and investors are starting to question whether it is time to invest less in America. Such decisions take time. Many investors use global indexes dominated by the U.S. as benchmarks, and making big changes can require reviews or board approvals.</p><p>&#34;We cannot just sell out of the AI companies,&#34; said Nicolai Tangen, who runs Norway&#39;s $2.1 trillion sovereign-wealth fund, when asked about its U.S. tech exposure in January. &#34;We do not have that kind of risk budget.&#34;</p><p>An advisory panel recently raised concerns about its U.S. concentration and questioned whether the fund -- whose investments must largely align with benchmarks chosen by the Norwegian government -- should be given more room to maneuver.</p><p>For Schelde, of Denmark&#39;s AkademikerPension, the geopolitical upheaval has him considering bigger changes, such as investing more in homegrown sectors like defense. Still, he thinks the U.S. is likely to remain one of its biggest investments.</p><p>&#34;The only reason why we exist is to provide good pensions to our members, and I can&#39;t see that you can do that without investing in the U.S.,&#34; he said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2611186713","content_text":"The threat that foreigners could dump U.S. assets -- or \"Sell America\" -- has loomed over markets since President Trump returned to office last year and upended the world order.The slide in the dollar to multiyear lows is the clearest sign that foreigners are nervous about the U.S., where they have invested $36 trillion into stocks and long-term bonds. Foreign purchases of U.S. Treasurys have slowed, and some investors, like European pension funds, have turned to sellers.But U.S. stocks remain an outlier, continuing to draw money from overseas and helping indexes weather jitters related to artificial intelligence.The result is a halfhearted \"Sell America\" trade that reflects a desire to hedge U.S. exposure rather than eliminate it. Still, as investors across Europe and Asia dial back some U.S. investments, it is throwing into question the country's dominance in global markets -- a position that has allowed Washington to borrow more cheaply, made everyday investors rich and funded U.S. companies.\"It's going to be a glacial, tectonic thing but it will be a thing,\" said Anders Schelde, chief investment officer of the Danish pension fund AkademikerPension. \"If we allocate more to Europe over the next 10 years, we will by definition allocate less to the rest of the world, including the U.S.\"Dollar declineThe dollar has slumped about 8% over the past year. That came despite a number of factors that should support the currency: a roaring U.S. stock market, the economy's strength and higher interest rates in the U.S. than in much of the developed world.John Sidawi, a senior portfolio manager at Federated Hermes, said this mismatch shows investors still want to hold U.S. assets but have grown less comfortable with the added risk of holding the currency.\"It's not selling America -- it's hedge America,\" he said.Hedging the currency, through derivatives markets, can be an easier and cheaper way to bring down U.S. exposure than selling stocks or bonds. But it can also become a self-reinforcing cycle: Hedging involves selling the dollar, weighing on the price.Many foreign investors went into last year heavily exposed to dollar swings. The currency's run-up over the past decade led many investors to conclude it wasn't worth the cost of hedging.When the dollar was rising, it boosted foreign investors' returns on the U.S. stocks and bonds they owned when they converted their profits back into home currencies. And when stocks were hit by volatility, the dollar often gained because of its role of a safe haven, offsetting losses.\"It was such a no-brainer,\" said Andreas Koenig, global head of foreign-exchange at Amundi, Europe's largest asset manager. \"You have the dollar in your portfolio, and it always saves you anytime something bad happens. It was just too good to not have it.\"The decline in the dollar last year changed the calculus for investors. Danish pension funds and life insurers raised their U.S. dollar hedging ratio s -- or the portion of their dollar-denominated assets protected against currency swings -- to 71% at the end of last year, from 61% at the start, according to data from the country's central bank.Analysts expect more foreign investors to do the same this year. Heavyweights, like Japanese and Taiwanese life insurers, are still hedging relatively little dollar exposure and even minor shifts could be a big drag on the currency.Threats to TreasurysTrump's January pursuit of Greenland, a semiautonomous territory of Denmark, fueled speculation that foreign investors could \"weaponize\" -- or band together to sell -- U.S. assets.Foreign holdings of Treasurys hit a record $9.4 trillion in November, but the pace of buying has slowed to $422 billion in the year through November from $641 billion a year earlier. Some foreign central banks and investors, particularly in Northern Europe, have become outright sellers.AkademikerPension, a small pension for Danish high-school teachers and other public-sector workers, became the face of \"Sell America\" fears in January after announcing it would unload $100 million in U.S. Treasurys.\"We were stunned,\" said Schelde, the fund's investment chief, about the attention the move received. \"It was not such a big decision or anything. It was more daily business.\"Schelde said the choice was driven by concerns about rising U.S. deficits and debt levels, not Washington's position on Greenland. It also has sold U.S. corporate bonds in recent months.Denmark's largest commercial pension fund, PFA, has also ditched U.S. Treasurys, which used to make up about 30% of its government bond portfolio. Chief Investment Officer Kasper Ahrndt Lorenzen said the fund has been selling them for years after deciding it was more sensible to invest in bonds in its own currency.But the fund still invests a large part of its portfolio in U.S. stocks, and speculation that the Trump administration could target a weaker dollar led Lorenzen to ramp up currency hedging last year.\"We were reminded, hey, we own a lot of U.S. assets,\" he said.Bigger questions hang over Japan and China -- two of the largest lenders to Washington. Rising interest rates in Japan could encourage investors to start bringing home some of the trillions of dollars they have invested overseas.On paper, China's U.S. Treasury holdings have fallen to their lowest level since 2008. But its real investments could be over $1 trillion, according to Brad Setser, senior fellow at the Council on Foreign Relations.He said China has shifted to using offshore intermediaries in places like Belgium and state banks to buy Treasurys, obscuring its real exposure. Setser said he believes that state banks have been buying U.S. Treasurys lately as part of an effort to slow the appreciation of China's currency -- selling yuan and buying dollars -- a trend he expects to continue.Stocks keep rallyingForeigners' appetite for U.S. stocks wasn't rattled last year by the White House's policies. Foreigners bought $689 billion in stocks in the year through November, according to U.S. Treasury Department data, up sharply from $197 billion the year before.\"Last year, clients were telling me, 'I can't go to my board and say I want to reduce U.S. stock allocations,' said Vincent Mortier, chief investment officer of Amundi. \"You needed to be very brave.\"Now, global markets are outpacing the U.S., and investors are starting to question whether it is time to invest less in America. Such decisions take time. Many investors use global indexes dominated by the U.S. as benchmarks, and making big changes can require reviews or board approvals.\"We cannot just sell out of the AI companies,\" said Nicolai Tangen, who runs Norway's $2.1 trillion sovereign-wealth fund, when asked about its U.S. tech exposure in January. \"We do not have that kind of risk budget.\"An advisory panel recently raised concerns about its U.S. concentration and questioned whether the fund -- whose investments must largely align with benchmarks chosen by the Norwegian government -- should be given more room to maneuver.For Schelde, of Denmark's AkademikerPension, the geopolitical upheaval has him considering bigger changes, such as investing more in homegrown sectors like defense. Still, he thinks the U.S. is likely to remain one of its biggest investments.\"The only reason why we exist is to provide good pensions to our members, and I can't see that you can do that without investing in the U.S.,\" he said.","news_type":1,"symbols_score_info":{"ESmain":2,"NQmain":2,"YMmain":2}},"isVote":1,"tweetType":1,"viewCount":612,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":532209209643936,"gmtCreate":1770955452215,"gmtModify":1770957680496,"author":{"id":"4219025852952782","authorId":"4219025852952782","name":"Chris hurt","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4219025852952782","authorIdStr":"4219025852952782"},"themes":[],"title":"","htmlText":"Sale sale sale","listText":"Sale sale sale","text":"Sale sale sale","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/532209209643936","repostId":"2611906488","repostType":2,"repost":{"id":"2611906488","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1770948000,"share":"https://ttm.financial/m/news/2611906488?lang=en_US&edition=fundamental","pubTime":"2026-02-13 10:00","market":"us","language":"en","title":"Amazon’s Stock Just Entered a Bear Market. This \"Magnificent Seven\" Name Could Be Next","url":"https://stock-news.laohu8.com/highlight/detail?id=2611906488","media":"Dow Jones","summary":"Big Tech stocks are being hit by fears of AI overspending, but some are more at risk than others.","content":"<html><head></head><body><p style=\"text-align: start;\">Investors are pushing back hard against Big Tech’s aggressive artificial-intelligence spending plans, causing shares of the “Magnificent Seven” companies to fall dramatically.</p><p style=\"text-align: start;\">After eight consecutive days of losses, shares of <a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> have officially tumbled into a technical bear market, meaning that they’re off 20% or more from their recent high. Amazon’s stock closed at $199.60 on Thursday, 21.4% below its recent high<strong>.</strong></p><p>Among the four major hyperscalers, Amazon has the highest amount of planned capital expenditures for 2026, at $200 billion. Amazon, <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>, <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> and <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> are expected to spend a cumulative $650 billion on AI capex in 2026.</p><p>Amazon joins Microsoft as the second “Magnificent Seven” name that’s fallen into bear-market territory. Shares of Microsoft entered a bear market on Jan. 29, one day after the company reported Azure cloud growth that fell short of investors’ expectations. As of Thursday’s close, Microsoft’s stock is down 25.9% from its recent high.</p><p style=\"text-align: start;\">Meta looks positioned to be next, as shares are 2.3% away from reaching bear-market territory, according to Dow Jones Market Data. While Meta’s fourth-quarter revenue and earnings results beat Wall Street’s expectations, increased AI spending and margin pressure have weighed on investor sentiment.</p><p>The recent selloff highlights a growing rift between members of the “Magnificent Seven,” Mike Treacy, vice president of risk at Apex Fintech Solutions, told MarketWatch.</p><p style=\"text-align: start;\">Since the fall, investors have rotated out of the OpenAI trade associated with names like Microsoft, <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> and <a href=\"https://laohu8.com/S/ORCL\">Oracle</a> amid rising concerns over circular financing deals. Instead, they’ve begun favoring the Alphabet and <a href=\"https://laohu8.com/S/AVGO\">Broadcom</a> ecosystem, Treacy said.</p><p style=\"text-align: start;\">Alphabet’s vertically integrated tech stack has offset some of the overspending fears and shielded the stock from the worst of the tech selloff, Treacy added. Shares of Alphabet closed on Thursday down 9.2% from their recent high.</p><p style=\"text-align: start;\">“I do think Google’s self-sufficiency should command a premium relative to the others that could be adversely impacted by one cog in the wheel,” Treacy said, referring to Google’s proprietary tensor processing units.</p><p style=\"text-align: start;\">On the other hand, shares of Amazon, Microsoft and Meta are being hit harder as investors are less confident about those companies’ abilities to deliver a sufficient return on investment on their AI spending. For Amazon, increased capex levels could push its free cash flow into negative territory this year, meaning that it would need to start tapping the debt markets to raise more capital.</p><p style=\"text-align: start;\">The next big catalyst for the AI trade will be Nvidia’s earnings report on Feb. 25, according to Treacy. The results will show whether the AI boom is cooling, or if Nvidia is successfully capturing the billions its biggest customers are pouring into the trade.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon’s Stock Just Entered a Bear Market. This \"Magnificent Seven\" Name Could Be Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon’s Stock Just Entered a Bear Market. This \"Magnificent Seven\" Name Could Be Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-13 10:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">Investors are pushing back hard against Big Tech’s aggressive artificial-intelligence spending plans, causing shares of the “Magnificent Seven” companies to fall dramatically.</p><p style=\"text-align: start;\">After eight consecutive days of losses, shares of <a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> have officially tumbled into a technical bear market, meaning that they’re off 20% or more from their recent high. Amazon’s stock closed at $199.60 on Thursday, 21.4% below its recent high<strong>.</strong></p><p>Among the four major hyperscalers, Amazon has the highest amount of planned capital expenditures for 2026, at $200 billion. Amazon, <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>, <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> and <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> are expected to spend a cumulative $650 billion on AI capex in 2026.</p><p>Amazon joins Microsoft as the second “Magnificent Seven” name that’s fallen into bear-market territory. Shares of Microsoft entered a bear market on Jan. 29, one day after the company reported Azure cloud growth that fell short of investors’ expectations. As of Thursday’s close, Microsoft’s stock is down 25.9% from its recent high.</p><p style=\"text-align: start;\">Meta looks positioned to be next, as shares are 2.3% away from reaching bear-market territory, according to Dow Jones Market Data. While Meta’s fourth-quarter revenue and earnings results beat Wall Street’s expectations, increased AI spending and margin pressure have weighed on investor sentiment.</p><p>The recent selloff highlights a growing rift between members of the “Magnificent Seven,” Mike Treacy, vice president of risk at Apex Fintech Solutions, told MarketWatch.</p><p style=\"text-align: start;\">Since the fall, investors have rotated out of the OpenAI trade associated with names like Microsoft, <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> and <a href=\"https://laohu8.com/S/ORCL\">Oracle</a> amid rising concerns over circular financing deals. Instead, they’ve begun favoring the Alphabet and <a href=\"https://laohu8.com/S/AVGO\">Broadcom</a> ecosystem, Treacy said.</p><p style=\"text-align: start;\">Alphabet’s vertically integrated tech stack has offset some of the overspending fears and shielded the stock from the worst of the tech selloff, Treacy added. Shares of Alphabet closed on Thursday down 9.2% from their recent high.</p><p style=\"text-align: start;\">“I do think Google’s self-sufficiency should command a premium relative to the others that could be adversely impacted by one cog in the wheel,” Treacy said, referring to Google’s proprietary tensor processing units.</p><p style=\"text-align: start;\">On the other hand, shares of Amazon, Microsoft and Meta are being hit harder as investors are less confident about those companies’ abilities to deliver a sufficient return on investment on their AI spending. For Amazon, increased capex levels could push its free cash flow into negative territory this year, meaning that it would need to start tapping the debt markets to raise more capital.</p><p style=\"text-align: start;\">The next big catalyst for the AI trade will be Nvidia’s earnings report on Feb. 25, according to Treacy. The results will show whether the AI boom is cooling, or if Nvidia is successfully capturing the billions its biggest customers are pouring into the trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"瑞士信贷持仓","BK4141":"半导体产品","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","IE00B3PB1722.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU2294711713.HKD":"BNP PARIBAS ENERGY TRANSITION \"C\" (HKD) ACC","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","LU0726765562.USD":"JPM GLOBAL INCOME \"A\" (USD HEDGED) INC","IE00B42XCP33.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) INC","LU1235294995.USD":"FIDELITY GLOBAL TECHNOLOGY \"A\" (USDHDG) ACC","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU0080751232.USD":"富达环球多元动力基金A","LU2347655073.USD":"JPM GLOBAL INCOME \"A\" (USDHDG) INC A","BK4535":"淡马锡持仓","LU2381873111.SGD":"BGF SYSTEMATIC GLOBAL EQUITY HIGH INCOME \"A6\" (SGDHDG) INC","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","BK4538":"云计算","IE00BMPRXQ63.HKD":"NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND \"A\" (HKDHDG) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","IE000M9KFDE8.USD":"NEUBERGER BERMAN US LARGE CAP VALUE \"A\" (USD) ACC","LU0070217475.USD":"JPM GLOBAL SELECT EQUITY \"A\" ACC","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","LU2764263039.SGD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (SGDHDG) ACC","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","LU1861558580.USD":"日兴方舟颠覆性创新基金B","SG9999001077.SGD":"United International Growth Fund SGD","LU0211326839.USD":"TEMPLETON GLOBAL INCOME \"A\" (USD) INC","LU2764263203.CNY":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (CNYHDG) ACC","DIPS":"做空NVDA期权收益策略ETF-YieldMax","LU1868837300.USD":"CT (LUX) I AMERICAN FUND \"9\" (USD) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4023":"应用软件","BK4097":"系统软件","LU2087625088.SGD":"ALLSPRING  US ALL CAP GROWTH \"A\" (SGDHDG) ACC","LU1267930573.SGD":"TEMPLETON GLOBAL \"AA\" (SGD) ACC A","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU1868836914.USD":"CT (LUX) I AMERICAN \"3\" (USD) ACC","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU0965509283.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (SGDHDG) INC","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","AVGG":"2倍做多AVGO ETF-Leverage Shares","LU1181866309.USD":"摩根大通环球策略总报酬基金A (acc)","LU1821325948.USD":"NINETY ONE GSF GLOBAL MACRO ALLOCATION \"A\" (USD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU1868837136.USD":"CT (LUX) I AMERICAN \"8\" (USD) ACC","LU0095938881.EUR":"JPMorgan Investment Funds - Global Macro Opportunities A (acc) EUR","IE00BHPRN162.USD":"BNY MELLON BLOCKCHAIN INNOVATION \"B\" (USD) ACC","AVGU":"2倍做多AVGO ETF-GraniteShares","LU1868836591.USD":"CT (LUX) I AMERICAN \"1U\"(USD) ACC","LU1340139317.AUD":"JPMorgan Investment Funds - Global Macro Opportunities A (acc) AUD-H","IE00BN8TJ469.HKD":"FTGF CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A\" (HKD) INC","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","LU1868836757.USD":"CT (LUX) I AMERICAN FUND \"2\" (USD) ACC","SG9999014906.USD":"大华全球优质成长基金Acc USD","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","AVGW":"Roundhill AVGO WeeklyPay ETF","LU2357125470.USD":"BNP PARIBAS ENERGY TRANSITION \"CLASSIC RH\" (USDHDG) ACC","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU1334329650.SGD":"JPMorgan Investment Funds - Global Macro Opportunities A (acc) SGD-H","AVGX":"2倍做多AVGO ETF-Defiance","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","LU2430703095.HKD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (HKD) INC","LU2746668461.USD":"MANULIFE DYNAMIC LEADERS \"AA\" (USD) ACC","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","BK4507":"流媒体概念","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU2430703178.SGD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (SGDHDG) INC","LU0345768740.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) INC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","IE00B5949003.HKD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A\" (HKD) ACC","LU2430703251.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (USD) INC","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1489326972.SGD":"First Eagle Amundi International AHS-MD SGD-H","LU1983260115.SGD":"Janus Henderson Horizon Global Sustainable Equity A2 SGD-H","LU2089985449.USD":"MANULIFE GF GLOBAL SEMICONDUCTOR OPPORTUNITIES \"AA\" (USD) ACC","LU1035775433.USD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (USD) INC","AVL":"2倍做多AVGO ETF-Direxion","LU2931357623.SGD":"MANULIFE GF GLOBAL SEMICONDUCTOR OPPORTUNITIES \"AA\" (SGDHDG) ACC","LU2272731782.SGD":"Allianz Global Intelligent Cities AM Dis H2-SGD","LU2746668974.SGD":"MANULIFE DYNAMIC LEADERS \"AA\" (SGDHDG) ACC","LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","LU1003077747.HKD":"BGF GLOBAL EQUITY INCOME \"A6\" (HKDHDG) INC","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","LU2272731600.USD":"Allianz Global Intelligent Cities AM Dis USD","SG9999002232.USD":"Allianz Global High Payout USD","SG9999015341.SGD":"United Income Focus Trust Acc SGD-H","SG9999002224.SGD":"Allianz Global High Payout SGD","LU0347712357.USD":"BNP PARIBAS GLOBAL ENVIRONMENT \"C\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4503":"景林资产持仓","IE00B3SWFQ91.USD":"PIMCO BALANCED INCOME AND GROWTH \"E\" (USD) INC","LU2242649171.HKD":"FIDELITY FUNDS GLOBAL THEMATIC OPPORTUNITIES \"A\" (HKD) ACC","LU2361044949.HKD":"WELLINGTON US QUALITY GROWTH \"A\" (HKD) ACC","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","LU0738911758.USD":"Blackrock Global Equity Income A6 USD","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU2361044865.SGD":"WELLINGTON US QUALITY GROWTH \"A\" (SGDHDG) ACC","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU0949170426.SGD":"Blackrock Global Multi-Asset Income A6 SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0345774391.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) ACC","BK4504":"桥水持仓","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU0784384876.USD":"Blackrock Global Multi-Asset Income A6 USD","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","IE00BYXW3230.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"AA\" (USD) ACC","LU1046421795.USD":"富达环球科技A-ACC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU2361045086.USD":"WELLINGTON US QUALITY GROWTH \"A\" (USD) ACC","LU1880398471.USD":"AMUNDI FUNDS GLOBAL EQUITY \"A2\" (USD) ACC","SGXZ31699556.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"C\" (SGDHDG) ACC","IE00BN29S564.USD":"JANUS HENDERSON BALANCED \"A3\" (USD) INC","IE00B775H168.HKD":"JANUS HENDERSON BALANCED \"A5M\" (HKD) INC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","LU2211814178.USD":"ALLIANZ CLEAN PLANET \"AT\" (USD) ACC","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU2362541513.USD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","LU2028103732.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AMG\" (USD) INC","LU0528227936.USD":"富达环球人口趋势基金A-ACC","LU0889566641.SGD":"FTSF - Templeton Shariah Global Equity A Acc SGD","AVS":"1倍做空AVGO ETF-Direxion","LU2491049909.HKD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (HKD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU0345774631.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) INC","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU2491050071.SGD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (SGDHDG) ACC","LU0238689110.USD":"贝莱德环球动力股票基金","LU2322448791.USD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMG\" (USD) INC","LU0661504455.SGD":"Blackrock Global Equity Income A5 SGD-H","LU2491050154.USD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (USD) ACC","LU2322448957.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMG\" (HKD) INC","LU0072462426.USD":"贝莱德全球配置 A2","BK4122":"互联网与直销零售","LU2461242641.AUD":"WELLINGTON US QUALITY GROWTH \"A\" (AUDHDG) ACC","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","IE0009G5SDU7.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) INC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE0001KFT4U8.USD":"FTGF CLEARBRIDGE GLOBAL GROWTH LEADERS \"A\" (USD) INC","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE000ITXATA3.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) ACC","LU2089284900.SGD":"Allianz Global Sustainability Cl AM Dis H2-SGD","LU2860962120.EUR":"CPR INVEST - ARTIFICIAL INTELLIGENCE \"A2\" (EUR) ACC A","IE000YTNTUN2.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG)INC","LU2592432038.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"A\" (USD) ACC","LU1697837992.HKD":"BGF DYNAMIC HIGH INCOME \"A6\" (HKDHDG) INC","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","LU0203347892.USD":"SCHRODER ISF QEP GLOBAL ACTIVE VALLUE \"A\" (USD)  INC AV","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU0985489474.SGD":"First Eagle Amundi International AHS-C SGD-H","LU0444973449.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"DU\" (USD) ACC","LU1642822529.SGD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"A\" (SGD) ACC","LU0878866978.SGD":"First Eagle Amundi International AHS-QD SGD-H","LU2473716301.USD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMF\" (USD) INC","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","USJW.SI":"ALPHAB 3xLongSG261006","LU0433182093.SGD":"First Eagle Amundi International AS-C SGD","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","BK4512":"苹果概念","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","LU1564329115.USD":"Blackrock Dynamic High Income A6 USD","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2505996509.AUD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (AUDHDG) INC","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","LU2552382215.SGD":"WELLINGTON US BRAND POWER \"A\" (SGDHDG) ACC","LU0096362180.USD":"CT (LUX) I GLOBAL FOCUS \"DU\" (USD)","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","BK4514":"搜索引擎","LU1564329461.SGD":"Blackrock Dynamic High Income A6 SGD-H","LU2543165471.USD":"E FUND (HK) GLOBAL QUALITY GROWTH \"A\" (USD) ACC","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU2552382058.USD":"WELLINGTON US BRAND POWER \"A\" (USD) ACC","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","LU2552382132.HKD":"WELLINGTON US BRAND POWER \"A\" (HKD) ACC","BK4516":"特朗普概念","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH  \"AG\" (USD) ACC","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","LU1992135399.USD":"Allianz Global Intelligent Cities AT Acc USD","USAW.SI":"AMZN 3xLongSG261006","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","BK4515":"5G概念","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU2720916845.USD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (USD) ACC","LU0096364046.USD":"CT (LUX) I AMERICAN \"DU\" (USD) ACC","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","LU1935042215.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC A","LU2458330169.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A\" (SGD) ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","AZYY":"GraniteShares YieldBOOST AMZN ETF","LU2458330243.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A-H1\" (SGDHDG) ACC","IE00BYQQ9H92.USD":"BNY MELLON GLOBAL LEADERS \"A\" (USD) ACC","LU0210536198.USD":"JPM US GROWTH \"A\" ACC","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU0109392836.USD":"富兰克林科技股A","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","LU1564329032.USD":"BGF DYNAMIC HIGH INCOME \"A2\" (USD) ACC","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","LU1188199696.SGD":"Schroder ISF Global Multi-Asset Income A Dis SGD","LU2896262040.SGD":"JPM US GROWTH FUND \"A\" (SGD) ACC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","HK0000914686.HKD":"GFI Global Select Equity Fund Class A (HKD)","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","HK0000914660.USD":"GFI Global Select Equity Fund Class A (USD)","LU1732800096.USD":"摩根大通环球收益基金A (irc)","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","IE00BYV24P56.USD":"GUINNESS EMERGING MARKETS EQUITY INCOME \"C\" (USD) ACC","LU0211326755.USD":"TEMPLETON GLOBAL INCOME \"A\" (USD) ACC","LU1582986359.USD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (USDHDG) ACC","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU2487616109.SGD":"JPM AMERICA EQUITY \"A\" (SGD) ACC","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","BK4077":"互动媒体与服务","IE00BMCWC346.EUR":"GUINNESS EMERGING MARKETS EQUITY INCOME \"C\" (EUR) ACC","AMZN":"亚马逊","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","LU0444971666.USD":"天利全球科技基金","LU0210528500.USD":"JPM AMERICA EQUITY \"A\" ACC","IE00BVYPNV92.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) ACC","LU0787776722.HKD":"AB SELECT US EQUITY PORTFOLIO \"A\" (HKD) ACC","LU1670627923.USD":"M&G (LUX) NORTH AMERICAN DIVIDEND \"A\" (USD) ACC","LU0960925559.SGD":"Schroder ISF Global Multi-Asset Income A Acc SGD","LU2168564495.EUR":"AZ ALLOCATION - TREND \"AI\" (EUR) ACC","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","LU2065169927.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) ACC","GOOP":"KURV YIELD PREMIUM STRATEGY GOOGLE (GOOGL) ETF","IE00BVYPNQ40.USD":"GUINNESS ASIAN EQUITY INCOME \"C\" (USD) ACC","LU0879622024.SGD":"Schroder ISF Global Multi-Asset Income A Dis SGD-H","LU2168564222.USD":"AZ ALLOCATION - TREND \"AAZ\" (USDHDG) ACC","LU1670711040.USD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (USD) ACC","GOOW":"Roundhill GOOGL WeeklyPay ETF","SGXZ51526630.SGD":"大华环球创新基金A Acc SGD","LU2168564065.EUR":"AZ ALLOCATION - TREND \"AAZ\" (EUR) ACC","IE00BVYPNP33.GBP":"GUINNESS ASIAN EQUITY INCOME \"C\" (GBP) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","GOOX":"2倍做多GOOG ETF-T-REX","LU2168563687.JPY":"AZ ALLOCATION - TREND \"AAZ\" (JPYHDG) ACC","LU1935042488.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC","GOOY":"GOOGL期权收益策略ETF-YieldMax","LU2168564149.EUR":"AZ ALLOCATION - TREND \"BAZ\" (EUR) ACC","IE00BVYPNW00.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) ACC","LU0203202063.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A2X\" (USD) ACC","GOU":"GraniteShares 2x Long GOOGL Daily ETF","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU0203201768.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"AX\" (USD) INC","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1732799900.SGD":"JPMorgan Investment Funds - Global Income A (irc) SGD-H","LU0158827781.USD":" ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (USD) ACC","LU1917777945.USD":"安联专题基金Cl AT Acc","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU2506951792.HKD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (HKDHDG)       ACC","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","LU1923622614.USD":"Natixis Thematics Meta R/A USD","LU1699723380.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"AP\" (USD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0823411888.USD":"法巴消费创新基金 Cap","LU2125909759.SGD":"Natixis Thematics Safety H-R/A SGD","LU0882574139.USD":"富达环球消费行业基金A ACC","IE00BQXX3D17.EUR":"GUINNESS GLOBAL INNOVATORS \"C\" (EUR) ACC","LU2125909916.SGD":"Natixis Thematics Safety R/A SGD","AMZD":"1倍做空AMZN ETF-Direxion","SG9999015978.USD":"利安颠覆性创新基金A","LU1228905037.USD":"NINETY ONE GSF GLOBAL QUALITY DIVIDEND GROWTH \"A\" (USD) ACC","GGLL":"2倍做多GOOGL-Direxion","LU0871640123.AUD":"BGF GLOBAL MULTI-ASSET INC \"A8\" (AUD HDG) INC","LU0784385170.HKD":"BGF GLOBAL MULTI ASSET INCOME \"A6\" (HKDHGD) INC","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","LU1923622291.USD":"Natixis Thematics Safety R/A USD","LU2433249047.HKD":"THEMATICS META \"R/A\" (HKD) ACC","LU1228905540.USD":"NINETY ONE GSF GLOBAL QUALITY DIVIDEND GROWTH \"A\" (USD) INC 2","IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","GGLS":"1倍做空GOOGL ETF-Direxion","LU0784385840.USD":"Blackrock Global Multi-Asset Income A2 USD","IE00B19Z9P08.USD":"LEGG MASON CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (USD) INC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU2063271972.USD":"富兰克林创新领域基金","LU2506951875.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) ACC","AMZU":"2倍做多AMZN ETF-Direxion","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","AMZW":"Roundhill AMZN WeeklyPay™ ETF","LU2506952097.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) ACC","SG9999001440.SGD":"United Global Dividend Equity Fund A SGD Dist","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU1037948897.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (HKD) INC","LU2237443895.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) ACC","LU0345768153.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) ACC","AMZY":"AMZN期权收益策略ETF-YieldMax","LU2506951958.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) INC","NVD":"2倍做空NVDA ETF-GraniteShares","LU1934455277.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"AD\" (USD) INC","AMZZ":"2倍做多AMZN ETF-GraniteShares","LU0557290698.USD":"施罗德环球可持续增长基金","LU2764262908.HKD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (HKD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU1815336760.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"AUP\" (USD) INC","LU0265550359.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A2\" (USD) ACC","LU1037948541.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (HKD) ACC","LU1121112475.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USDHDG) ACC","SG9999000418.SGD":"Aberdeen Standard Global Technology SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","HK0000306701.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) INC","SG9999014575.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USDHDG) INC","LU2506952170.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) INC","NVDD":"1倍做空NVDA ETF-Direxion","IE00BDRTCR15.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC A","LU1119994496.HKD":"FIDELITY WORLD \"A\" (HKD) ACC","LU1934455194.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (USD) ACC","LU1791710582.SGD":"Fidelity Global Demographics A-ACC-SGD (SGD/USD hedged)","LU1883839398.USD":"AMUNDI FUNDS INCOME OPPORTUNITIES \"A2\" (USD) ACC","LU0976567544.SGD":"FTIF - Templeton Global Income A Mdis SGD-H1","NVDG":"2倍做多NVDA ETF- Leverage Shares","SG9999001424.SGD":"United E-Commerce Fund SGD","BK4576":"AR","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","LU0256863902.USD":"ALLIANZ US EQUITY \"AT\" (USD) ACC","IE00BDGV0183.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) INC","LU1791710400.SGD":"Fidelity Global Demographics A-ACC-SGD","BK4575":"芯片概念","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0056508442.USD":"贝莱德世界科技基金A2","LU1043141396.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) ACC","NVDQ":"2倍做空NVDA ETF-T-Rex","LU1032466523.USD":"高盛全球多资产收益组合Acc","BK4577":"网络游戏","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","NVDS":"1.5倍做空NVDA ETF-Tradr","BK4579":"人工智能","LU1043141123.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) INC 2","NVDU":"2倍做多NVDA ETF-Direxion","IE0034235295.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"A\" (USD) ACC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","IE00BGHQDM52.EUR":"GUINNESS ASIAN EQUITY INCOME \"C\" (EUR) ACC","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","BK4574":"无人驾驶","LU1035773651.USD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (USD) INC","NVDW":"NVDA周配息ETF-Roundhill","LU1894683264.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) ACC","SG9999014559.SGD":"United Income Focus Trust Dis SGD","LU2097829019.USD":"AZ EQUITY - BORLETTI GLOBAL LIFESTYLE \"AI\" (USD) ACC","NVDX":"2倍做多NVDA ETF-T-Rex","BK4573":"虚拟现实","LU0994945656.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC 2","NVDY":"NVDA期权收益策略ETF-YieldMax","SG9999014567.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USD) ACC","LU0724617625.USD":"BGF GLOBAL ALLOCATION \"A4\" (USD) INC","BK4581":"高盛持仓","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","SNVD.UK":"LS -1X NVIDIA","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","NVII":"Rex NVDA Growth & Income ETF","LU0210533765.USD":"JPM GLOBAL GROWTH \"A\" (USD) ACC","LU2148611432.USD":"AZ ALLOCATION BALANCED BRAVE \"AAZ\" (USDHDG) ACC","LU0788109477.HKD":"BGF GLOBAL ALLOCATION \"A2\" (HKDHGD) ACC","2NVD.UK":"2X NVIDIA ETP","IE00BGHQF631.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) ACC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","SG9999015358.SGD":"United Income Focus Trust Dis SGD-H","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD)  INC","LU0094547139.USD":"abrdn SICAV I - GLOBAL SUSTAINABLE EQUITY FUND \"A\" (USD) ACC","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","ORCS":"1倍做空ORCL ETF-Direxion","IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","LU2133065610.SGD":"JPMorgan Investment Funds - Global Dividend A (mth) SGD","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","ORCU":"2倍做多ORCL ETF-Direxion","LU1303367103.USD":"摩根大通多经理另类基金 A (acc)","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","LU2404859741.USD":"FUNDSMITH EQUITY FUND \"R\" (USD) INC","ORCX":"2倍做多ORCL ETF-Defiance","LU2098885051.SGD":"JPMorgan Funds - Multi-Manager Alternatives A (acc) SGD","SG9999011175.SGD":"Nikko AM Global Dividend Equity Dis SGD-H","LU2097344431.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) INC","LU2097344357.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) ACC","LU0477156797.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"RE\" (USD) ACC","LU0130518102.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"R\" INC","LU1880398554.USD":"AMUNDI FUNDS GLOBAL EQUITY \"A2\" (USD) INC","LU2404859667.USD":"FUNDSMITH EQUITY FUND \"R\" (USD) ACC","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","LU0690374961.EUR":"FUNDSMITH EQUITY \"R\" (EUR) INC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","LU1069344957.HKD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (HKD) INC","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0690374615.EUR":"FUNDSMITH EQUITY \"R\" (EUR) ACC","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","LU0683600562.USD":"AB SELECT US EQUITY \"A\" (USD) ACC","LU0061474960.USD":"天利环球焦点基金AU Acc","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU1989763005.USD":"东方汇理教育基金A2 Acc","LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","LU0494093205.USD":"贝莱德ESG灵活多元资产A2 USD-H","LU2041044095.USD":"Blackrock Circular Economy A2 USD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU2317271919.USD":"BGF FUTURE CONSUMER \"A2\" (USD) ACC","IE00BFXG0V08.USD":"BNY MELLON GLOBAL LEADERS \"B\" (USD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0757359368.USD":"SCHRODER ISF GLOBAL MULTI-ASSET INCOME \"A\" (USD)  ACC","LU2279689827.SGD":"JPMorgan Investment Funds - Global Income Sustainable A (mth) SGD-H","LU1803068623.USD":"TEMPLETON GLOBAL CLIMATE CHANGE \"AH1\" (USDHDG) ACC","LU0426412945.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC","LU2347655156.SGD":"JPMorgan Investment Funds - Global Income A (icdiv) SGD-H","MSFD":"1倍做空MSFT ETF-Direxion","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","NVD3.UK":"LS 3X NVIDIA","LU1935043023.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (USD) INC A","MSFL":"2倍做多MSFT ETF-GraniteShares","IE00B4JS1V06.HKD":"JANUS HENDERSON BALANCED \"A2\" (HKD) ACC","NVDS.UK":"LS -1X NVIDIA","MSFO":"MSFT期权收益策略ETF-YieldMax","SG9999003800.SGD":"Nikko AM Global Dividend Equity Acc SGD-H","LU2271345857.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (HKD) ACC","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","NVD2.UK":"2X NVIDIA ETP","MSFW":"Roundhill MSFT WeeklyPay ETF","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU0314106906.USD":"MANULIFE GF GLOBAL EQUITY \"AA\" (USD) INC","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU1582986433.USD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (USDHDG) INC","LU0795875169.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD-H","MSFX":"2倍做多MSFT ETF-T-Rex","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU2360108059.USD":"BGF CIRCULAR ECONOMY \"A4\" (USD) INC","MSFY":"Kurv Yield Premium Strategy Microsoft (MSFT) ETF","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","LU1430594728.SGD":"Eastspring Investments - Global Low Volatility Equity AS SGD","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","LU0757359954.USD":"SCHRODER ISF GLOBAL MULTI-ASSET INCOME \"A\" (USD) INC MF","BK4567":"ESG概念","LU0265550946.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A5\" (USD) INC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU2083900584.USD":"HSBC GIF US INCOME FOCUSED \"AM2\" (USD) INC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","LU1127390331.HKD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A\" (HKD) ACC","LU0079474960.USD":"联博美国增长基金A","LU0472753341.HKD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (HKD) ACC","BK4566":"资本集团","LU1934455863.HKD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (HKD) ACC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","LU0107464264.USD":"abrdn SICAV I - GLOBAL INNOVATION EQUITY \"A\" (USD) ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","LU1221951046.USD":"NORDEA 1 STABLE RETURN \"HM\" (USDHDG) INC","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","LU2272731865.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AM\" (HKD) INC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU1221951129.SGD":"NORDEA 1 STABLE RETURN \"HM\" (SGDHDG) INC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","LU1670628061.USD":"M&G (LUX) NORTH AMERICAN DIVIDEND \"A\" (USD) INC","LU0124676726.USD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (USD) ACC","LU2355687059.USD":"NORDEA 1 GLOBAL IMPACT  \"BP\" (USD) ACC","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","LU0496365809.HKD":"TEMPLETON GLOBAL INCOME \"A\" (HKD) INC (Q)","LU1366333091.USD":"FIDELITY GLOBAL FOCUS \"A\" (USD) ACC","LU1670710588.SGD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (SGD) ACC","BK4561":"索罗斯持仓","LU2211817866.USD":"Allianz Food Security AT Acc USD","LU0965508806.USD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (USD) INC","LU1196500208.SGD":"NORDEA STABLE RETURN \"HB\" (SGDHDG) ACC","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU1670710661.SGD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (SGD) INC","LU1059921491.USD":"NORDEA 1 GLOBAL STABLE EQUITY \"HB\" (USDHDG) ACC","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU1670711123.USD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (USD) INC","LU0985320562.USD":"NORDEA 1 GLOBAL STARS EQUITY \"BP\" (USD) ACC","LU0171293334.USD":"贝莱德英国基金A2","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU0342679015.USD":"ALLIANZ GLOBAL EQUITY UNCONSTRAINED \"AT\" (USD) ACC","LU0823417653.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) ACC","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","LU1582987324.SGD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (SGDHDG) ACC","LU1582987597.SGD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (SGDHDG) INC","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU0545039389.USD":"BGF GLOBAL EQUITY INCOME \"A2\" ACC","LU0048584097.USD":"FIDELITY FUNDS  GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) INC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","LU1032955483.USD":"NORDEA 1 STABLE RETURN \"HB\" (USDHDG) ACC","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","IE00BDCRKT87.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC","LU0274383776.USD":"MANULIFE GF US SMALL CAP EQUITY \"AA\" (USD) INC","LU2191332357.HKD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (HKDHDG) INC","LU0302445910.USD":"SCHRODER ISF GLOBAL CLIMATE CHANGE EQUITY \"A\" ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU1585245621.USD":"EASTSPRING INV GLOBAL LOW VOLATILITY EQUITY FUND \"A\" (USD) ACC B","LU2463028550.USD":"AB SICAV I AMERICAN MULTI-ASSET PORTFOLIO \"A\" (USD) ACC","SGXZ81514606.USD":"大华环球创新基金A Acc USD","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4543":"AI","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU2065171311.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) ACC","LU2065171402.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) INC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0894486033.HKD":"SCHRODER ISF GLOBAL MULTI-ASSET INCOME \"A\" (HKD) INC MF","LU2237957902.USD":"NIKKO AM GLOBAL EQUITY \"F\" (USD) ACC","LU0894485498.HKD":"SCHRODER ISF GLOBAL MULTI-ASSET INCOME \"A\" (HKD) ACC","LU2237957811.SGD":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","LU0823421333.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) ACC","LU0426417589.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC","LU0795875086.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD","LU0823421416.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) INC","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","BK4592":"伊斯兰概念","LU0861579265.USD":"联博低波幅策略股票基金A","LU2413666699.HKD":"BNP PARIBAS GLOBAL ENVIRONMENT \"CRH\" (HKDHDG) INC","IE0003U64NQ7.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) ACC","LU2247934214.USD":"FIDELITY FUNDS SUSTAINABLE FUTURE CONNECTIVITY \"A\" (USD) ACC","BK4549":"软银资本持仓","LU0823434583.USD":"BNP PARIBAS US GROWTH \"C\" (USD) ACC","IE000KEQY171.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) INC","LU0187121727.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) INC","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","BK4548":"巴美列捷福持仓","LU0823434740.USD":"BNP PARIBAS US GROWTH \"C\" (USD) INC","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","IE00BZ199S13.USD":"BNY MELLON MOBILITY INNOVATION \"B\" (USD) ACC","BK4554":"元宇宙及AR概念","LU0545562505.USD":"NINETY ONE GSF GLOBAL QUALITY DIVIDEND GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","BK4553":"喜马拉雅资本持仓","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","LU2275660780.HKD":"SCHRODER ISF GLOBAL CLIMATE CHANGE EQUITY \"A\" (HKD) ACC","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","LU1861215975.USD":"贝莱德新一代科技基金 A2","BK4585":"ETF&股票定投概念","LU0912757837.SGD":"JPMorgan Investment Funds - Global Income A (mth) SGD-H","LU1323610961.USD":"UBS (LUX) EQUITY SICAV - LONG TERM THEMES (USD) \"P\" (USD) ACC","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","LU1506573853.SGD":"MANULIFE GF GLOBAL EQUITY \"AA\" (SGD) INC","IE00B4YYXB79.USD":"PIMCO BALANCED INCOME AND GROWTH \"E\" (USD) ACC","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","LU0069063385.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (USD) ACC","BK4587":"ChatGPT概念","LU0823414551.USD":"BNP PARIBAS ENERGY TRANSITION \"C\" (USD) INC","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","LU0689626769.HKD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (HKD) ACC","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","NVIW.SI":"NVDA 3xLongSG261006","LU0106261372.USD":"SCHRODER ISF US LARGE CAP \"A\" ACC","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","BK4559":"巴菲特持仓","BK4596":"哈里斯概念","LU1301847155.USD":"BGF GLOBAL MULTI-ASSET INCOME FUND \"A4G\" (USD) INC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU1935042991.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (SGDHDG) INC","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","BK4588":"碎股","BK4550":"红杉资本持仓","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","LU1633808545.USD":"ALLIANZ GLOBAL EQUITY GROWTH \"AT\" (USD) ACC","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU0251132253.USD":"FIDELITY FUNDS  GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) ACC","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","IE000W1ABFV2.USD":"PIMCO BALANCED INCOME AND GROWTH \"R\" (USD) INC","LU0251142724.SGD":"Fidelity America A-SGD","LU0251131958.USD":"FIDELITY AMERICA \"A\" (USD) ACC","BK4551":"寇图资本持仓","BK4598":"佩洛西持仓","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","LU0823417737.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) INC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU1069347547.HKD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (HKD) INC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU0950375773.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) INC A","LU0476273544.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"BU\" (USD) ACC","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU0553294199.USD":"BGF GLOBAL EQUITY INCOME \"A5G\" (USD) INC","LU2413666426.HKD":"BNP PARIBAS GLOBAL ENVIRONMENT \"C\" (HKD) ACC","LU2242650005.HKD":"FIDELITY FUNDS GLOBAL MULTI ASSET DYNAMIC \"A\" (HKD) ACC","LU1721428933.USD":"法巴全球经典环境基金RH MD Dis","BK4602":"量子计算概念","BK4529":"IDC概念","LU0057025933.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (USD) ACC","LU2452424414.USD":"BGF ESG MULTI-ASSET \"A10\" (USDHDG) INC","SG9999014542.SGD":"United Income Focus Trust Acc SGD","BK4528":"SaaS概念","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0162691827.USD":"BGF US BASIC VALUE \"A4\" INC","LU0323239441.USD":"HSBC GIF GLOBAL EQUITY CLIMATE CHANGE \"AC\" ACC","LU0072461881.USD":"BGF US BASIC VALUE \"A2\" ACC","BK4605":"半导体精选","LU1989773731.SGD":"CPR Invest - Education A2 Acc SGD-H","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","BK4608":"AI应用概念股","LU1861127337.USD":"ALLIANZ GLOBAL MULTI ASSET SUSTAINABILITY BALANCED \"AMG\" (USD) INC","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU1935043536.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (SGDHDG) INC A","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU2244417387.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) ACC","BK4525":"远程办公概念","3NVD.UK":"LS 3X NVIDIA","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU0784383803.USD":"BGF GLOBAL MULTI-ASSET INCOME FUND \"A\" (USD) INC A","LU1894683348.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) INC","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","BK4604":"机器人概念","BK4220":"综合零售","BK4524":"宅经济概念","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","LU2298321311.HKD":"BGF CIRCULAR ECONOMY \"A\" (HKDHDG) ACC","BK4527":"明星科技股","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU2092937221.SGD":"Blackrock Circular Economy A2 SGD-H","LU1116320737.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (USD) INC","LU1235295455.SGD":"Fidelity Global Multi Asset Growth & Income A-ACC-SGD","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","GB00B4QBRK32.GBP":"FUNDSMITH EQUITY \"R\" (GBP) INC","LU2054465674.USD":"UBS (LUX) KEY SELEC SICAV DIGITAL TRANSFORMATION T \"P\" (USD) ACC","LU0823414478.USD":"法巴经典能源转换基金","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","LU0323240290.USD":"HSBC GIF GLOBAL EQUITY CLIMATE CHANGE \"AD\" INC","IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","LU0215105999.USD":"SCHRODER ISF GLOBAL EQUITY \"A\" ACC","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","GB00B4LPDJ14.GBP":"FUNDSMITH EQUITY \"R\" (GBP) ACC","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4612":"AI芯片","LU1261432733.SGD":"Fidelity World A-ACC-SGD","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","LU1236620750.USD":"HSBC GIF GLOBAL SUSTAINABLE LONG TERM DIVIDEND \"AM2\" (USD) INC","LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","BK4614":"Manus概念股","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU1116320901.HKD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (HKD) INC","LU2092937148.SGD":"Blackrock ESG Multi-Asset A8 SGD-H","LU1236620834.HKD":"HSBC GIF GLOBAL SUSTAINABLE LONG TERM DIVIDEND \"AM2\" (HKD) INC","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","LU2111349929.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (HKD) INC","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU2092627202.USD":"Blackrock ESG Multi-Asset A8 USD-H","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU0203345920.USD":"SCHRODER ISF QEP GLB ACT. VL \"A\" (USD) ACC","LU2077746001.SGD":"Blackrock ESG Multi-Asset A2 SGD-H","IE00BZ9MQY76.HKD":"FTGF CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (HKD) ACC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU1153585028.USD":"BGF GLOBAL LONG-HORIZON EQUITY  \"A4\" (USD) INC","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","BK4532":"文艺复兴科技持仓","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","LU2237443465.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) INC","LU1564329628.SGD":"Blackrock Dynamic High Income A2 SGD-H","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2611906488","content_text":"Investors are pushing back hard against Big Tech’s aggressive artificial-intelligence spending plans, causing shares of the “Magnificent Seven” companies to fall dramatically.After eight consecutive days of losses, shares of Amazon.com have officially tumbled into a technical bear market, meaning that they’re off 20% or more from their recent high. Amazon’s stock closed at $199.60 on Thursday, 21.4% below its recent high.Among the four major hyperscalers, Amazon has the highest amount of planned capital expenditures for 2026, at $200 billion. Amazon, Microsoft, Meta Platforms and Alphabet are expected to spend a cumulative $650 billion on AI capex in 2026.Amazon joins Microsoft as the second “Magnificent Seven” name that’s fallen into bear-market territory. Shares of Microsoft entered a bear market on Jan. 29, one day after the company reported Azure cloud growth that fell short of investors’ expectations. As of Thursday’s close, Microsoft’s stock is down 25.9% from its recent high.Meta looks positioned to be next, as shares are 2.3% away from reaching bear-market territory, according to Dow Jones Market Data. While Meta’s fourth-quarter revenue and earnings results beat Wall Street’s expectations, increased AI spending and margin pressure have weighed on investor sentiment.The recent selloff highlights a growing rift between members of the “Magnificent Seven,” Mike Treacy, vice president of risk at Apex Fintech Solutions, told MarketWatch.Since the fall, investors have rotated out of the OpenAI trade associated with names like Microsoft, Nvidia and Oracle amid rising concerns over circular financing deals. Instead, they’ve begun favoring the Alphabet and Broadcom ecosystem, Treacy said.Alphabet’s vertically integrated tech stack has offset some of the overspending fears and shielded the stock from the worst of the tech selloff, Treacy added. Shares of Alphabet closed on Thursday down 9.2% from their recent high.“I do think Google’s self-sufficiency should command a premium relative to the others that could be adversely impacted by one cog in the wheel,” Treacy said, referring to Google’s proprietary tensor processing units.On the other hand, shares of Amazon, Microsoft and Meta are being hit harder as investors are less confident about those companies’ abilities to deliver a sufficient return on investment on their AI spending. For Amazon, increased capex levels could push its free cash flow into negative territory this year, meaning that it would need to start tapping the debt markets to raise more capital.The next big catalyst for the AI trade will be Nvidia’s earnings report on Feb. 25, according to Treacy. The results will show whether the AI boom is cooling, or if Nvidia is successfully capturing the billions its biggest customers are pouring into the trade.","news_type":1,"symbols_score_info":{"NVIW.SI":0.6,"NVD3.UK":0.6,"GGLS":0.6,"NVD2.UK":0.6,"NVDY":0.6,"MSFO":0.6,"AMZW":0.6,"GOOP":0.6,"GGLL":0.6,"GOOX":0.6,"GOU":0.6,"MSFX":0.6,"AZYY":0.6,"NVDS.UK":0.6,"MSFW":0.6,"NVII":0.6,"AVL":0.6,"GOOY":0.6,"AVGW":0.6,"AVGX":0.6,"USAW.SI":0.6,"2NVD.UK":0.6,"MSFL":0.6,"ORCX":0.6,"GOOW":0.6,"ORCS":0.6,"AMZY":0.6,"NVDW":0.6,"USJW.SI":0.6,"AVS":0.6,"NVDX":0.6,"AVGU":0.6,"AMZZ":0.6,"NVDU":0.6,"MSFY":0.6,"AMZU":0.6,"ORCU":0.6,"DIPS":0.6,"NVDG":0.6,"AMZD":0.6,"3NVD.UK":0.6,"MSFD":0.6,"NVDS":0.6,"NVDQ":0.6,"NVD":0.6,"AVGG":0.6,"NVDD":0.6,"SNVD.UK":0.6,"AMZN":1.97}},"isVote":1,"tweetType":1,"viewCount":696,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":532278356890496,"gmtCreate":1770972332311,"gmtModify":1770972764664,"author":{"id":"4219025852952782","authorId":"4219025852952782","name":"Chris hurt","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4219025852952782","authorIdStr":"4219025852952782"},"themes":[],"title":"","htmlText":"US companies are global giants and they are currently On sale so the smart investors will load up","listText":"US companies are global giants and they are currently On sale so the smart investors will load up","text":"US companies are global giants and they are currently On sale so the smart investors will load up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/532278356890496","repostId":"2611186713","repostType":2,"repost":{"id":"2611186713","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1770969399,"share":"https://ttm.financial/m/news/2611186713?lang=en_US&edition=fundamental","pubTime":"2026-02-13 15:56","market":"nz","language":"en","title":"Forget the \"Sell America\" Trade. Here Comes \"Hedge America.\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2611186713","media":"Dow Jones","summary":"The threat that foreigners could dump U.S. assets -- or \"Sell America\" -- has loomed over markets since President Trump returned to office last year and upended the world order.The slide in the dollar to multiyear lows is the clearest sign that foreigners are nervous about the U.S., where they have invested $36 trillion into stocks and long-term bonds. Foreign purchases of U.S. Treasurys have slowed, and some investors, like European pension funds, have turned to sellers.But U.S. stocks remain an outlier, continuing to draw money from overseas and helping indexes weather jitters related to artificial intelligence.The result is a halfhearted \"Sell America\" trade that reflects a desire to hedge U.S. exposure rather than eliminate it. Still, as investors across Europe and Asia dial back some U.S. investments, it is throwing into question the country's dominance in global markets -- a position that has allowed Washington to borrow more cheaply, made everyday investors rich and funded U.S. ","content":"<html><head></head><body><p>The threat that foreigners could dump U.S. assets -- or &#34;Sell America&#34; -- has loomed over markets since President Trump returned to office last year and upended the world order.</p><p>The slide in the dollar to multiyear lows is the clearest sign that foreigners are nervous about the U.S., where they have invested $36 trillion into stocks and long-term bonds. Foreign purchases of U.S. Treasurys have slowed, and some investors, like European pension funds, have turned to sellers.</p><p>But U.S. stocks remain an outlier, continuing to draw money from overseas and helping indexes weather jitters related to artificial intelligence.</p><p>The result is a halfhearted &#34;Sell America&#34; trade that reflects a desire to hedge U.S. exposure rather than eliminate it. Still, as investors across Europe and Asia dial back some U.S. investments, it is throwing into question the country&#39;s dominance in global markets -- a position that has allowed Washington to borrow more cheaply, made everyday investors rich and funded U.S. companies.</p><p>&#34;It&#39;s going to be a glacial, tectonic thing but it will be a thing,&#34; said Anders Schelde, chief investment officer of the Danish pension fund AkademikerPension. &#34;If we allocate more to Europe over the next 10 years, we will by definition allocate less to the rest of the world, including the U.S.&#34;</p><h2 id=\"id_2331447059\">Dollar decline</h2><p>The dollar has slumped about 8% over the past year. That came despite a number of factors that should support the currency: a roaring U.S. stock market, the economy&#39;s strength and higher interest rates in the U.S. than in much of the developed world.</p><p>John Sidawi, a senior portfolio manager at <a href=\"https://laohu8.com/S/FHI\">Federated Hermes</a>, said this mismatch shows investors still want to hold U.S. assets but have grown less comfortable with the added risk of holding the currency.</p><p>&#34;It&#39;s not selling America -- it&#39;s hedge America,&#34; he said.</p><p>Hedging the currency, through derivatives markets, can be an easier and cheaper way to bring down U.S. exposure than selling stocks or bonds. But it can also become a self-reinforcing cycle: Hedging involves selling the dollar, weighing on the price.</p><p>Many foreign investors went into last year heavily exposed to dollar swings. The currency&#39;s run-up over the past decade led many investors to conclude it wasn&#39;t worth the cost of hedging.</p><p>When the dollar was rising, it boosted foreign investors&#39; returns on the U.S. stocks and bonds they owned when they converted their profits back into home currencies. And when stocks were hit by volatility, the dollar often gained because of its role of a safe haven, offsetting losses.</p><p>&#34;It was such a no-brainer,&#34; said Andreas Koenig, global head of foreign-exchange at Amundi, Europe&#39;s largest asset manager. &#34;You have the dollar in your portfolio, and it always saves you anytime something bad happens. It was just too good to not have it.&#34;</p><p>The decline in the dollar last year changed the calculus for investors. Danish pension funds and life insurers raised their U.S. dollar hedging ratio s -- or the portion of their dollar-denominated assets protected against currency swings -- to 71% at the end of last year, from 61% at the start, according to data from the country&#39;s central bank.</p><p>Analysts expect more foreign investors to do the same this year. Heavyweights, like Japanese and Taiwanese life insurers, are still hedging relatively little dollar exposure and even minor shifts could be a big drag on the currency.</p><h2 id=\"id_1843162969\">Threats to Treasurys</h2><p>Trump&#39;s January pursuit of Greenland, a semiautonomous territory of Denmark, fueled speculation that foreign investors could &#34;weaponize&#34; -- or band together to sell -- U.S. assets.</p><p>Foreign holdings of Treasurys hit a record $9.4 trillion in November, but the pace of buying has slowed to $422 billion in the year through November from $641 billion a year earlier. Some foreign central banks and investors, particularly in Northern Europe, have become outright sellers.</p><p>AkademikerPension, a small pension for Danish high-school teachers and other public-sector workers, became the face of &#34;Sell America&#34; fears in January after announcing it would unload $100 million in U.S. Treasurys.</p><p>&#34;We were stunned,&#34; said Schelde, the fund&#39;s investment chief, about the attention the move received. &#34;It was not such a big decision or anything. It was more daily business.&#34;</p><p>Schelde said the choice was driven by concerns about rising U.S. deficits and debt levels, not Washington&#39;s position on Greenland. It also has sold U.S. corporate bonds in recent months.</p><p>Denmark&#39;s largest commercial pension fund, PFA, has also ditched U.S. Treasurys, which used to make up about 30% of its government bond portfolio. Chief Investment Officer Kasper Ahrndt Lorenzen said the fund has been selling them for years after deciding it was more sensible to invest in bonds in its own currency.</p><p>But the fund still invests a large part of its portfolio in U.S. stocks, and speculation that the Trump administration could target a weaker dollar led Lorenzen to ramp up currency hedging last year.</p><p>&#34;We were reminded, hey, we own a lot of U.S. assets,&#34; he said.</p><p>Bigger questions hang over Japan and China -- two of the largest lenders to Washington. Rising interest rates in Japan could encourage investors to start bringing home some of the trillions of dollars they have invested overseas.</p><p>On paper, China&#39;s U.S. Treasury holdings have fallen to their lowest level since 2008. But its real investments could be over $1 trillion, according to Brad Setser, senior fellow at the Council on Foreign Relations.</p><p>He said China has shifted to using offshore intermediaries in places like Belgium and state banks to buy Treasurys, obscuring its real exposure. Setser said he believes that state banks have been buying U.S. Treasurys lately as part of an effort to slow the appreciation of China&#39;s currency -- selling yuan and buying dollars -- a trend he expects to continue.</p><h2 id=\"id_3518497052\">Stocks keep rallying</h2><p>Foreigners&#39; appetite for U.S. stocks wasn&#39;t rattled last year by the White House&#39;s policies. Foreigners bought $689 billion in stocks in the year through November, according to U.S. Treasury Department data, up sharply from $197 billion the year before.</p><p>&#34;Last year, clients were telling me, &#39;I can&#39;t go to my board and say I want to reduce U.S. stock allocations,&#39; said Vincent Mortier, chief investment officer of Amundi. &#34;You needed to be very brave.&#34;</p><p>Now, global markets are outpacing the U.S., and investors are starting to question whether it is time to invest less in America. Such decisions take time. Many investors use global indexes dominated by the U.S. as benchmarks, and making big changes can require reviews or board approvals.</p><p>&#34;We cannot just sell out of the AI companies,&#34; said Nicolai Tangen, who runs Norway&#39;s $2.1 trillion sovereign-wealth fund, when asked about its U.S. tech exposure in January. &#34;We do not have that kind of risk budget.&#34;</p><p>An advisory panel recently raised concerns about its U.S. concentration and questioned whether the fund -- whose investments must largely align with benchmarks chosen by the Norwegian government -- should be given more room to maneuver.</p><p>For Schelde, of Denmark&#39;s AkademikerPension, the geopolitical upheaval has him considering bigger changes, such as investing more in homegrown sectors like defense. Still, he thinks the U.S. is likely to remain one of its biggest investments.</p><p>&#34;The only reason why we exist is to provide good pensions to our members, and I can&#39;t see that you can do that without investing in the U.S.,&#34; he said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Forget the \"Sell America\" Trade. Here Comes \"Hedge America.\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nForget the \"Sell America\" Trade. Here Comes \"Hedge America.\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-13 15:56</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The threat that foreigners could dump U.S. assets -- or &#34;Sell America&#34; -- has loomed over markets since President Trump returned to office last year and upended the world order.</p><p>The slide in the dollar to multiyear lows is the clearest sign that foreigners are nervous about the U.S., where they have invested $36 trillion into stocks and long-term bonds. Foreign purchases of U.S. Treasurys have slowed, and some investors, like European pension funds, have turned to sellers.</p><p>But U.S. stocks remain an outlier, continuing to draw money from overseas and helping indexes weather jitters related to artificial intelligence.</p><p>The result is a halfhearted &#34;Sell America&#34; trade that reflects a desire to hedge U.S. exposure rather than eliminate it. Still, as investors across Europe and Asia dial back some U.S. investments, it is throwing into question the country&#39;s dominance in global markets -- a position that has allowed Washington to borrow more cheaply, made everyday investors rich and funded U.S. companies.</p><p>&#34;It&#39;s going to be a glacial, tectonic thing but it will be a thing,&#34; said Anders Schelde, chief investment officer of the Danish pension fund AkademikerPension. &#34;If we allocate more to Europe over the next 10 years, we will by definition allocate less to the rest of the world, including the U.S.&#34;</p><h2 id=\"id_2331447059\">Dollar decline</h2><p>The dollar has slumped about 8% over the past year. That came despite a number of factors that should support the currency: a roaring U.S. stock market, the economy&#39;s strength and higher interest rates in the U.S. than in much of the developed world.</p><p>John Sidawi, a senior portfolio manager at <a href=\"https://laohu8.com/S/FHI\">Federated Hermes</a>, said this mismatch shows investors still want to hold U.S. assets but have grown less comfortable with the added risk of holding the currency.</p><p>&#34;It&#39;s not selling America -- it&#39;s hedge America,&#34; he said.</p><p>Hedging the currency, through derivatives markets, can be an easier and cheaper way to bring down U.S. exposure than selling stocks or bonds. But it can also become a self-reinforcing cycle: Hedging involves selling the dollar, weighing on the price.</p><p>Many foreign investors went into last year heavily exposed to dollar swings. The currency&#39;s run-up over the past decade led many investors to conclude it wasn&#39;t worth the cost of hedging.</p><p>When the dollar was rising, it boosted foreign investors&#39; returns on the U.S. stocks and bonds they owned when they converted their profits back into home currencies. And when stocks were hit by volatility, the dollar often gained because of its role of a safe haven, offsetting losses.</p><p>&#34;It was such a no-brainer,&#34; said Andreas Koenig, global head of foreign-exchange at Amundi, Europe&#39;s largest asset manager. &#34;You have the dollar in your portfolio, and it always saves you anytime something bad happens. It was just too good to not have it.&#34;</p><p>The decline in the dollar last year changed the calculus for investors. Danish pension funds and life insurers raised their U.S. dollar hedging ratio s -- or the portion of their dollar-denominated assets protected against currency swings -- to 71% at the end of last year, from 61% at the start, according to data from the country&#39;s central bank.</p><p>Analysts expect more foreign investors to do the same this year. Heavyweights, like Japanese and Taiwanese life insurers, are still hedging relatively little dollar exposure and even minor shifts could be a big drag on the currency.</p><h2 id=\"id_1843162969\">Threats to Treasurys</h2><p>Trump&#39;s January pursuit of Greenland, a semiautonomous territory of Denmark, fueled speculation that foreign investors could &#34;weaponize&#34; -- or band together to sell -- U.S. assets.</p><p>Foreign holdings of Treasurys hit a record $9.4 trillion in November, but the pace of buying has slowed to $422 billion in the year through November from $641 billion a year earlier. Some foreign central banks and investors, particularly in Northern Europe, have become outright sellers.</p><p>AkademikerPension, a small pension for Danish high-school teachers and other public-sector workers, became the face of &#34;Sell America&#34; fears in January after announcing it would unload $100 million in U.S. Treasurys.</p><p>&#34;We were stunned,&#34; said Schelde, the fund&#39;s investment chief, about the attention the move received. &#34;It was not such a big decision or anything. It was more daily business.&#34;</p><p>Schelde said the choice was driven by concerns about rising U.S. deficits and debt levels, not Washington&#39;s position on Greenland. It also has sold U.S. corporate bonds in recent months.</p><p>Denmark&#39;s largest commercial pension fund, PFA, has also ditched U.S. Treasurys, which used to make up about 30% of its government bond portfolio. Chief Investment Officer Kasper Ahrndt Lorenzen said the fund has been selling them for years after deciding it was more sensible to invest in bonds in its own currency.</p><p>But the fund still invests a large part of its portfolio in U.S. stocks, and speculation that the Trump administration could target a weaker dollar led Lorenzen to ramp up currency hedging last year.</p><p>&#34;We were reminded, hey, we own a lot of U.S. assets,&#34; he said.</p><p>Bigger questions hang over Japan and China -- two of the largest lenders to Washington. Rising interest rates in Japan could encourage investors to start bringing home some of the trillions of dollars they have invested overseas.</p><p>On paper, China&#39;s U.S. Treasury holdings have fallen to their lowest level since 2008. But its real investments could be over $1 trillion, according to Brad Setser, senior fellow at the Council on Foreign Relations.</p><p>He said China has shifted to using offshore intermediaries in places like Belgium and state banks to buy Treasurys, obscuring its real exposure. Setser said he believes that state banks have been buying U.S. Treasurys lately as part of an effort to slow the appreciation of China&#39;s currency -- selling yuan and buying dollars -- a trend he expects to continue.</p><h2 id=\"id_3518497052\">Stocks keep rallying</h2><p>Foreigners&#39; appetite for U.S. stocks wasn&#39;t rattled last year by the White House&#39;s policies. Foreigners bought $689 billion in stocks in the year through November, according to U.S. Treasury Department data, up sharply from $197 billion the year before.</p><p>&#34;Last year, clients were telling me, &#39;I can&#39;t go to my board and say I want to reduce U.S. stock allocations,&#39; said Vincent Mortier, chief investment officer of Amundi. &#34;You needed to be very brave.&#34;</p><p>Now, global markets are outpacing the U.S., and investors are starting to question whether it is time to invest less in America. Such decisions take time. Many investors use global indexes dominated by the U.S. as benchmarks, and making big changes can require reviews or board approvals.</p><p>&#34;We cannot just sell out of the AI companies,&#34; said Nicolai Tangen, who runs Norway&#39;s $2.1 trillion sovereign-wealth fund, when asked about its U.S. tech exposure in January. &#34;We do not have that kind of risk budget.&#34;</p><p>An advisory panel recently raised concerns about its U.S. concentration and questioned whether the fund -- whose investments must largely align with benchmarks chosen by the Norwegian government -- should be given more room to maneuver.</p><p>For Schelde, of Denmark&#39;s AkademikerPension, the geopolitical upheaval has him considering bigger changes, such as investing more in homegrown sectors like defense. Still, he thinks the U.S. is likely to remain one of its biggest investments.</p><p>&#34;The only reason why we exist is to provide good pensions to our members, and I can&#39;t see that you can do that without investing in the U.S.,&#34; he said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2611186713","content_text":"The threat that foreigners could dump U.S. assets -- or \"Sell America\" -- has loomed over markets since President Trump returned to office last year and upended the world order.The slide in the dollar to multiyear lows is the clearest sign that foreigners are nervous about the U.S., where they have invested $36 trillion into stocks and long-term bonds. Foreign purchases of U.S. Treasurys have slowed, and some investors, like European pension funds, have turned to sellers.But U.S. stocks remain an outlier, continuing to draw money from overseas and helping indexes weather jitters related to artificial intelligence.The result is a halfhearted \"Sell America\" trade that reflects a desire to hedge U.S. exposure rather than eliminate it. Still, as investors across Europe and Asia dial back some U.S. investments, it is throwing into question the country's dominance in global markets -- a position that has allowed Washington to borrow more cheaply, made everyday investors rich and funded U.S. companies.\"It's going to be a glacial, tectonic thing but it will be a thing,\" said Anders Schelde, chief investment officer of the Danish pension fund AkademikerPension. \"If we allocate more to Europe over the next 10 years, we will by definition allocate less to the rest of the world, including the U.S.\"Dollar declineThe dollar has slumped about 8% over the past year. That came despite a number of factors that should support the currency: a roaring U.S. stock market, the economy's strength and higher interest rates in the U.S. than in much of the developed world.John Sidawi, a senior portfolio manager at Federated Hermes, said this mismatch shows investors still want to hold U.S. assets but have grown less comfortable with the added risk of holding the currency.\"It's not selling America -- it's hedge America,\" he said.Hedging the currency, through derivatives markets, can be an easier and cheaper way to bring down U.S. exposure than selling stocks or bonds. But it can also become a self-reinforcing cycle: Hedging involves selling the dollar, weighing on the price.Many foreign investors went into last year heavily exposed to dollar swings. The currency's run-up over the past decade led many investors to conclude it wasn't worth the cost of hedging.When the dollar was rising, it boosted foreign investors' returns on the U.S. stocks and bonds they owned when they converted their profits back into home currencies. And when stocks were hit by volatility, the dollar often gained because of its role of a safe haven, offsetting losses.\"It was such a no-brainer,\" said Andreas Koenig, global head of foreign-exchange at Amundi, Europe's largest asset manager. \"You have the dollar in your portfolio, and it always saves you anytime something bad happens. It was just too good to not have it.\"The decline in the dollar last year changed the calculus for investors. Danish pension funds and life insurers raised their U.S. dollar hedging ratio s -- or the portion of their dollar-denominated assets protected against currency swings -- to 71% at the end of last year, from 61% at the start, according to data from the country's central bank.Analysts expect more foreign investors to do the same this year. Heavyweights, like Japanese and Taiwanese life insurers, are still hedging relatively little dollar exposure and even minor shifts could be a big drag on the currency.Threats to TreasurysTrump's January pursuit of Greenland, a semiautonomous territory of Denmark, fueled speculation that foreign investors could \"weaponize\" -- or band together to sell -- U.S. assets.Foreign holdings of Treasurys hit a record $9.4 trillion in November, but the pace of buying has slowed to $422 billion in the year through November from $641 billion a year earlier. Some foreign central banks and investors, particularly in Northern Europe, have become outright sellers.AkademikerPension, a small pension for Danish high-school teachers and other public-sector workers, became the face of \"Sell America\" fears in January after announcing it would unload $100 million in U.S. Treasurys.\"We were stunned,\" said Schelde, the fund's investment chief, about the attention the move received. \"It was not such a big decision or anything. It was more daily business.\"Schelde said the choice was driven by concerns about rising U.S. deficits and debt levels, not Washington's position on Greenland. It also has sold U.S. corporate bonds in recent months.Denmark's largest commercial pension fund, PFA, has also ditched U.S. Treasurys, which used to make up about 30% of its government bond portfolio. Chief Investment Officer Kasper Ahrndt Lorenzen said the fund has been selling them for years after deciding it was more sensible to invest in bonds in its own currency.But the fund still invests a large part of its portfolio in U.S. stocks, and speculation that the Trump administration could target a weaker dollar led Lorenzen to ramp up currency hedging last year.\"We were reminded, hey, we own a lot of U.S. assets,\" he said.Bigger questions hang over Japan and China -- two of the largest lenders to Washington. Rising interest rates in Japan could encourage investors to start bringing home some of the trillions of dollars they have invested overseas.On paper, China's U.S. Treasury holdings have fallen to their lowest level since 2008. But its real investments could be over $1 trillion, according to Brad Setser, senior fellow at the Council on Foreign Relations.He said China has shifted to using offshore intermediaries in places like Belgium and state banks to buy Treasurys, obscuring its real exposure. Setser said he believes that state banks have been buying U.S. Treasurys lately as part of an effort to slow the appreciation of China's currency -- selling yuan and buying dollars -- a trend he expects to continue.Stocks keep rallyingForeigners' appetite for U.S. stocks wasn't rattled last year by the White House's policies. Foreigners bought $689 billion in stocks in the year through November, according to U.S. Treasury Department data, up sharply from $197 billion the year before.\"Last year, clients were telling me, 'I can't go to my board and say I want to reduce U.S. stock allocations,' said Vincent Mortier, chief investment officer of Amundi. \"You needed to be very brave.\"Now, global markets are outpacing the U.S., and investors are starting to question whether it is time to invest less in America. Such decisions take time. Many investors use global indexes dominated by the U.S. as benchmarks, and making big changes can require reviews or board approvals.\"We cannot just sell out of the AI companies,\" said Nicolai Tangen, who runs Norway's $2.1 trillion sovereign-wealth fund, when asked about its U.S. tech exposure in January. \"We do not have that kind of risk budget.\"An advisory panel recently raised concerns about its U.S. concentration and questioned whether the fund -- whose investments must largely align with benchmarks chosen by the Norwegian government -- should be given more room to maneuver.For Schelde, of Denmark's AkademikerPension, the geopolitical upheaval has him considering bigger changes, such as investing more in homegrown sectors like defense. Still, he thinks the U.S. is likely to remain one of its biggest investments.\"The only reason why we exist is to provide good pensions to our members, and I can't see that you can do that without investing in the U.S.,\" he said.","news_type":1,"symbols_score_info":{"ESmain":2,"NQmain":2,"YMmain":2}},"isVote":1,"tweetType":1,"viewCount":612,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":532209209643936,"gmtCreate":1770955452215,"gmtModify":1770957680496,"author":{"id":"4219025852952782","authorId":"4219025852952782","name":"Chris hurt","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4219025852952782","authorIdStr":"4219025852952782"},"themes":[],"title":"","htmlText":"Sale sale sale","listText":"Sale sale sale","text":"Sale sale sale","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/532209209643936","repostId":"2611906488","repostType":2,"repost":{"id":"2611906488","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1770948000,"share":"https://ttm.financial/m/news/2611906488?lang=en_US&edition=fundamental","pubTime":"2026-02-13 10:00","market":"us","language":"en","title":"Amazon’s Stock Just Entered a Bear Market. This \"Magnificent Seven\" Name Could Be Next","url":"https://stock-news.laohu8.com/highlight/detail?id=2611906488","media":"Dow Jones","summary":"Big Tech stocks are being hit by fears of AI overspending, but some are more at risk than others.","content":"<html><head></head><body><p style=\"text-align: start;\">Investors are pushing back hard against Big Tech’s aggressive artificial-intelligence spending plans, causing shares of the “Magnificent Seven” companies to fall dramatically.</p><p style=\"text-align: start;\">After eight consecutive days of losses, shares of <a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> have officially tumbled into a technical bear market, meaning that they’re off 20% or more from their recent high. Amazon’s stock closed at $199.60 on Thursday, 21.4% below its recent high<strong>.</strong></p><p>Among the four major hyperscalers, Amazon has the highest amount of planned capital expenditures for 2026, at $200 billion. Amazon, <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>, <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> and <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> are expected to spend a cumulative $650 billion on AI capex in 2026.</p><p>Amazon joins Microsoft as the second “Magnificent Seven” name that’s fallen into bear-market territory. Shares of Microsoft entered a bear market on Jan. 29, one day after the company reported Azure cloud growth that fell short of investors’ expectations. As of Thursday’s close, Microsoft’s stock is down 25.9% from its recent high.</p><p style=\"text-align: start;\">Meta looks positioned to be next, as shares are 2.3% away from reaching bear-market territory, according to Dow Jones Market Data. While Meta’s fourth-quarter revenue and earnings results beat Wall Street’s expectations, increased AI spending and margin pressure have weighed on investor sentiment.</p><p>The recent selloff highlights a growing rift between members of the “Magnificent Seven,” Mike Treacy, vice president of risk at Apex Fintech Solutions, told MarketWatch.</p><p style=\"text-align: start;\">Since the fall, investors have rotated out of the OpenAI trade associated with names like Microsoft, <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> and <a href=\"https://laohu8.com/S/ORCL\">Oracle</a> amid rising concerns over circular financing deals. Instead, they’ve begun favoring the Alphabet and <a href=\"https://laohu8.com/S/AVGO\">Broadcom</a> ecosystem, Treacy said.</p><p style=\"text-align: start;\">Alphabet’s vertically integrated tech stack has offset some of the overspending fears and shielded the stock from the worst of the tech selloff, Treacy added. Shares of Alphabet closed on Thursday down 9.2% from their recent high.</p><p style=\"text-align: start;\">“I do think Google’s self-sufficiency should command a premium relative to the others that could be adversely impacted by one cog in the wheel,” Treacy said, referring to Google’s proprietary tensor processing units.</p><p style=\"text-align: start;\">On the other hand, shares of Amazon, Microsoft and Meta are being hit harder as investors are less confident about those companies’ abilities to deliver a sufficient return on investment on their AI spending. For Amazon, increased capex levels could push its free cash flow into negative territory this year, meaning that it would need to start tapping the debt markets to raise more capital.</p><p style=\"text-align: start;\">The next big catalyst for the AI trade will be Nvidia’s earnings report on Feb. 25, according to Treacy. The results will show whether the AI boom is cooling, or if Nvidia is successfully capturing the billions its biggest customers are pouring into the trade.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon’s Stock Just Entered a Bear Market. This \"Magnificent Seven\" Name Could Be Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon’s Stock Just Entered a Bear Market. This \"Magnificent Seven\" Name Could Be Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-13 10:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">Investors are pushing back hard against Big Tech’s aggressive artificial-intelligence spending plans, causing shares of the “Magnificent Seven” companies to fall dramatically.</p><p style=\"text-align: start;\">After eight consecutive days of losses, shares of <a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> have officially tumbled into a technical bear market, meaning that they’re off 20% or more from their recent high. Amazon’s stock closed at $199.60 on Thursday, 21.4% below its recent high<strong>.</strong></p><p>Among the four major hyperscalers, Amazon has the highest amount of planned capital expenditures for 2026, at $200 billion. Amazon, <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>, <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> and <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> are expected to spend a cumulative $650 billion on AI capex in 2026.</p><p>Amazon joins Microsoft as the second “Magnificent Seven” name that’s fallen into bear-market territory. Shares of Microsoft entered a bear market on Jan. 29, one day after the company reported Azure cloud growth that fell short of investors’ expectations. As of Thursday’s close, Microsoft’s stock is down 25.9% from its recent high.</p><p style=\"text-align: start;\">Meta looks positioned to be next, as shares are 2.3% away from reaching bear-market territory, according to Dow Jones Market Data. While Meta’s fourth-quarter revenue and earnings results beat Wall Street’s expectations, increased AI spending and margin pressure have weighed on investor sentiment.</p><p>The recent selloff highlights a growing rift between members of the “Magnificent Seven,” Mike Treacy, vice president of risk at Apex Fintech Solutions, told MarketWatch.</p><p style=\"text-align: start;\">Since the fall, investors have rotated out of the OpenAI trade associated with names like Microsoft, <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a> and <a href=\"https://laohu8.com/S/ORCL\">Oracle</a> amid rising concerns over circular financing deals. Instead, they’ve begun favoring the Alphabet and <a href=\"https://laohu8.com/S/AVGO\">Broadcom</a> ecosystem, Treacy said.</p><p style=\"text-align: start;\">Alphabet’s vertically integrated tech stack has offset some of the overspending fears and shielded the stock from the worst of the tech selloff, Treacy added. Shares of Alphabet closed on Thursday down 9.2% from their recent high.</p><p style=\"text-align: start;\">“I do think Google’s self-sufficiency should command a premium relative to the others that could be adversely impacted by one cog in the wheel,” Treacy said, referring to Google’s proprietary tensor processing units.</p><p style=\"text-align: start;\">On the other hand, shares of Amazon, Microsoft and Meta are being hit harder as investors are less confident about those companies’ abilities to deliver a sufficient return on investment on their AI spending. For Amazon, increased capex levels could push its free cash flow into negative territory this year, meaning that it would need to start tapping the debt markets to raise more capital.</p><p style=\"text-align: start;\">The next big catalyst for the AI trade will be Nvidia’s earnings report on Feb. 25, according to Treacy. The results will show whether the AI boom is cooling, or if Nvidia is successfully capturing the billions its biggest customers are pouring into the trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"瑞士信贷持仓","BK4141":"半导体产品","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","IE00B3PB1722.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU2294711713.HKD":"BNP PARIBAS ENERGY TRANSITION \"C\" (HKD) ACC","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","LU0726765562.USD":"JPM GLOBAL INCOME \"A\" (USD HEDGED) INC","IE00B42XCP33.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) INC","LU1235294995.USD":"FIDELITY GLOBAL TECHNOLOGY \"A\" (USDHDG) ACC","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU0080751232.USD":"富达环球多元动力基金A","LU2347655073.USD":"JPM GLOBAL INCOME \"A\" (USDHDG) INC A","BK4535":"淡马锡持仓","LU2381873111.SGD":"BGF SYSTEMATIC GLOBAL EQUITY HIGH INCOME \"A6\" (SGDHDG) INC","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","BK4538":"云计算","IE00BMPRXQ63.HKD":"NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND \"A\" (HKDHDG) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","IE000M9KFDE8.USD":"NEUBERGER BERMAN US LARGE CAP VALUE \"A\" (USD) ACC","LU0070217475.USD":"JPM GLOBAL SELECT EQUITY \"A\" ACC","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","LU2764263039.SGD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (SGDHDG) ACC","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","LU1861558580.USD":"日兴方舟颠覆性创新基金B","SG9999001077.SGD":"United International Growth Fund SGD","LU0211326839.USD":"TEMPLETON GLOBAL INCOME \"A\" (USD) INC","LU2764263203.CNY":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (CNYHDG) ACC","DIPS":"做空NVDA期权收益策略ETF-YieldMax","LU1868837300.USD":"CT (LUX) I AMERICAN FUND \"9\" (USD) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4023":"应用软件","BK4097":"系统软件","LU2087625088.SGD":"ALLSPRING  US ALL CAP GROWTH \"A\" (SGDHDG) ACC","LU1267930573.SGD":"TEMPLETON GLOBAL \"AA\" (SGD) ACC A","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU1868836914.USD":"CT (LUX) I AMERICAN \"3\" (USD) ACC","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU0965509283.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (SGDHDG) INC","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","AVGG":"2倍做多AVGO ETF-Leverage Shares","LU1181866309.USD":"摩根大通环球策略总报酬基金A (acc)","LU1821325948.USD":"NINETY ONE GSF GLOBAL MACRO ALLOCATION \"A\" (USD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU1868837136.USD":"CT (LUX) I AMERICAN \"8\" (USD) ACC","LU0095938881.EUR":"JPMorgan Investment Funds - Global Macro Opportunities A (acc) EUR","IE00BHPRN162.USD":"BNY MELLON BLOCKCHAIN INNOVATION \"B\" (USD) ACC","AVGU":"2倍做多AVGO ETF-GraniteShares","LU1868836591.USD":"CT (LUX) I AMERICAN \"1U\"(USD) ACC","LU1340139317.AUD":"JPMorgan Investment Funds - Global Macro Opportunities A (acc) AUD-H","IE00BN8TJ469.HKD":"FTGF CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A\" (HKD) INC","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","LU1868836757.USD":"CT (LUX) I AMERICAN FUND \"2\" (USD) ACC","SG9999014906.USD":"大华全球优质成长基金Acc USD","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","AVGW":"Roundhill AVGO WeeklyPay ETF","LU2357125470.USD":"BNP PARIBAS ENERGY TRANSITION \"CLASSIC RH\" (USDHDG) ACC","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU1334329650.SGD":"JPMorgan Investment Funds - Global Macro Opportunities A (acc) SGD-H","AVGX":"2倍做多AVGO ETF-Defiance","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","LU2430703095.HKD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (HKD) INC","LU2746668461.USD":"MANULIFE DYNAMIC LEADERS \"AA\" (USD) ACC","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","BK4507":"流媒体概念","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU2430703178.SGD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (SGDHDG) INC","LU0345768740.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) INC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","IE00B5949003.HKD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A\" (HKD) ACC","LU2430703251.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (USD) INC","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1489326972.SGD":"First Eagle Amundi International AHS-MD SGD-H","LU1983260115.SGD":"Janus Henderson Horizon Global Sustainable Equity A2 SGD-H","LU2089985449.USD":"MANULIFE GF GLOBAL SEMICONDUCTOR OPPORTUNITIES \"AA\" (USD) ACC","LU1035775433.USD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (USD) INC","AVL":"2倍做多AVGO ETF-Direxion","LU2931357623.SGD":"MANULIFE GF GLOBAL SEMICONDUCTOR OPPORTUNITIES \"AA\" (SGDHDG) ACC","LU2272731782.SGD":"Allianz Global Intelligent Cities AM Dis H2-SGD","LU2746668974.SGD":"MANULIFE DYNAMIC LEADERS \"AA\" (SGDHDG) ACC","LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","LU1003077747.HKD":"BGF GLOBAL EQUITY INCOME \"A6\" (HKDHDG) INC","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","LU2272731600.USD":"Allianz Global Intelligent Cities AM Dis USD","SG9999002232.USD":"Allianz Global High Payout USD","SG9999015341.SGD":"United Income Focus Trust Acc SGD-H","SG9999002224.SGD":"Allianz Global High Payout SGD","LU0347712357.USD":"BNP PARIBAS GLOBAL ENVIRONMENT \"C\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4503":"景林资产持仓","IE00B3SWFQ91.USD":"PIMCO BALANCED INCOME AND GROWTH \"E\" (USD) INC","LU2242649171.HKD":"FIDELITY FUNDS GLOBAL THEMATIC OPPORTUNITIES \"A\" (HKD) ACC","LU2361044949.HKD":"WELLINGTON US QUALITY GROWTH \"A\" (HKD) ACC","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","LU0738911758.USD":"Blackrock Global Equity Income A6 USD","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU2361044865.SGD":"WELLINGTON US QUALITY GROWTH \"A\" (SGDHDG) ACC","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU0949170426.SGD":"Blackrock Global Multi-Asset Income A6 SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0345774391.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) ACC","BK4504":"桥水持仓","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU0784384876.USD":"Blackrock Global Multi-Asset Income A6 USD","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","IE00BYXW3230.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"AA\" (USD) ACC","LU1046421795.USD":"富达环球科技A-ACC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU2361045086.USD":"WELLINGTON US QUALITY GROWTH \"A\" (USD) ACC","LU1880398471.USD":"AMUNDI FUNDS GLOBAL EQUITY \"A2\" (USD) ACC","SGXZ31699556.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"C\" (SGDHDG) ACC","IE00BN29S564.USD":"JANUS HENDERSON BALANCED \"A3\" (USD) INC","IE00B775H168.HKD":"JANUS HENDERSON BALANCED \"A5M\" (HKD) INC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","LU2211814178.USD":"ALLIANZ CLEAN PLANET \"AT\" (USD) ACC","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU2362541513.USD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","LU2028103732.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AMG\" (USD) INC","LU0528227936.USD":"富达环球人口趋势基金A-ACC","LU0889566641.SGD":"FTSF - Templeton Shariah Global Equity A Acc SGD","AVS":"1倍做空AVGO ETF-Direxion","LU2491049909.HKD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (HKD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU0345774631.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) INC","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU2491050071.SGD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (SGDHDG) ACC","LU0238689110.USD":"贝莱德环球动力股票基金","LU2322448791.USD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMG\" (USD) INC","LU0661504455.SGD":"Blackrock Global Equity Income A5 SGD-H","LU2491050154.USD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (USD) ACC","LU2322448957.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMG\" (HKD) INC","LU0072462426.USD":"贝莱德全球配置 A2","BK4122":"互联网与直销零售","LU2461242641.AUD":"WELLINGTON US QUALITY GROWTH \"A\" (AUDHDG) ACC","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","IE0009G5SDU7.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) INC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE0001KFT4U8.USD":"FTGF CLEARBRIDGE GLOBAL GROWTH LEADERS \"A\" (USD) INC","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE000ITXATA3.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) ACC","LU2089284900.SGD":"Allianz Global Sustainability Cl AM Dis H2-SGD","LU2860962120.EUR":"CPR INVEST - ARTIFICIAL INTELLIGENCE \"A2\" (EUR) ACC A","IE000YTNTUN2.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG)INC","LU2592432038.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"A\" (USD) ACC","LU1697837992.HKD":"BGF DYNAMIC HIGH INCOME \"A6\" (HKDHDG) INC","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","LU0203347892.USD":"SCHRODER ISF QEP GLOBAL ACTIVE VALLUE \"A\" (USD)  INC AV","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU0985489474.SGD":"First Eagle Amundi International AHS-C SGD-H","LU0444973449.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"DU\" (USD) ACC","LU1642822529.SGD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"A\" (SGD) ACC","LU0878866978.SGD":"First Eagle Amundi International AHS-QD SGD-H","LU2473716301.USD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMF\" (USD) INC","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","USJW.SI":"ALPHAB 3xLongSG261006","LU0433182093.SGD":"First Eagle Amundi International AS-C SGD","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","BK4512":"苹果概念","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","LU1564329115.USD":"Blackrock Dynamic High Income A6 USD","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2505996509.AUD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (AUDHDG) INC","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","LU2552382215.SGD":"WELLINGTON US BRAND POWER \"A\" (SGDHDG) ACC","LU0096362180.USD":"CT (LUX) I GLOBAL FOCUS \"DU\" (USD)","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","BK4514":"搜索引擎","LU1564329461.SGD":"Blackrock Dynamic High Income A6 SGD-H","LU2543165471.USD":"E FUND (HK) GLOBAL QUALITY GROWTH \"A\" (USD) ACC","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU2552382058.USD":"WELLINGTON US BRAND POWER \"A\" (USD) ACC","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","LU2552382132.HKD":"WELLINGTON US BRAND POWER \"A\" (HKD) ACC","BK4516":"特朗普概念","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH  \"AG\" (USD) ACC","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","LU1992135399.USD":"Allianz Global Intelligent Cities AT Acc USD","USAW.SI":"AMZN 3xLongSG261006","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","BK4515":"5G概念","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU2720916845.USD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (USD) ACC","LU0096364046.USD":"CT (LUX) I AMERICAN \"DU\" (USD) ACC","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","LU1935042215.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC A","LU2458330169.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A\" (SGD) ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","AZYY":"GraniteShares YieldBOOST AMZN ETF","LU2458330243.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A-H1\" (SGDHDG) ACC","IE00BYQQ9H92.USD":"BNY MELLON GLOBAL LEADERS \"A\" (USD) ACC","LU0210536198.USD":"JPM US GROWTH \"A\" ACC","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU0109392836.USD":"富兰克林科技股A","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","LU1564329032.USD":"BGF DYNAMIC HIGH INCOME \"A2\" (USD) ACC","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","LU1188199696.SGD":"Schroder ISF Global Multi-Asset Income A Dis SGD","LU2896262040.SGD":"JPM US GROWTH FUND \"A\" (SGD) ACC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","HK0000914686.HKD":"GFI Global Select Equity Fund Class A (HKD)","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","HK0000914660.USD":"GFI Global Select Equity Fund Class A (USD)","LU1732800096.USD":"摩根大通环球收益基金A (irc)","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","IE00BYV24P56.USD":"GUINNESS EMERGING MARKETS EQUITY INCOME \"C\" (USD) ACC","LU0211326755.USD":"TEMPLETON GLOBAL INCOME \"A\" (USD) ACC","LU1582986359.USD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (USDHDG) ACC","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU2487616109.SGD":"JPM AMERICA EQUITY \"A\" (SGD) ACC","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","BK4077":"互动媒体与服务","IE00BMCWC346.EUR":"GUINNESS EMERGING MARKETS EQUITY INCOME \"C\" (EUR) ACC","AMZN":"亚马逊","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","LU0444971666.USD":"天利全球科技基金","LU0210528500.USD":"JPM AMERICA EQUITY \"A\" ACC","IE00BVYPNV92.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) ACC","LU0787776722.HKD":"AB SELECT US EQUITY PORTFOLIO \"A\" (HKD) ACC","LU1670627923.USD":"M&G (LUX) NORTH AMERICAN DIVIDEND \"A\" (USD) ACC","LU0960925559.SGD":"Schroder ISF Global Multi-Asset Income A Acc SGD","LU2168564495.EUR":"AZ ALLOCATION - TREND \"AI\" (EUR) ACC","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","LU2065169927.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) ACC","GOOP":"KURV YIELD PREMIUM STRATEGY GOOGLE (GOOGL) ETF","IE00BVYPNQ40.USD":"GUINNESS ASIAN EQUITY INCOME \"C\" (USD) ACC","LU0879622024.SGD":"Schroder ISF Global Multi-Asset Income A Dis SGD-H","LU2168564222.USD":"AZ ALLOCATION - TREND \"AAZ\" (USDHDG) ACC","LU1670711040.USD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (USD) ACC","GOOW":"Roundhill GOOGL WeeklyPay ETF","SGXZ51526630.SGD":"大华环球创新基金A Acc SGD","LU2168564065.EUR":"AZ ALLOCATION - TREND \"AAZ\" (EUR) ACC","IE00BVYPNP33.GBP":"GUINNESS ASIAN EQUITY INCOME \"C\" (GBP) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","GOOX":"2倍做多GOOG ETF-T-REX","LU2168563687.JPY":"AZ ALLOCATION - TREND \"AAZ\" (JPYHDG) ACC","LU1935042488.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC","GOOY":"GOOGL期权收益策略ETF-YieldMax","LU2168564149.EUR":"AZ ALLOCATION - TREND \"BAZ\" (EUR) ACC","IE00BVYPNW00.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) ACC","LU0203202063.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A2X\" (USD) ACC","GOU":"GraniteShares 2x Long GOOGL Daily ETF","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU0203201768.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"AX\" (USD) INC","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1732799900.SGD":"JPMorgan Investment Funds - Global Income A (irc) SGD-H","LU0158827781.USD":" ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (USD) ACC","LU1917777945.USD":"安联专题基金Cl AT Acc","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU2506951792.HKD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (HKDHDG)       ACC","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","LU1923622614.USD":"Natixis Thematics Meta R/A USD","LU1699723380.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"AP\" (USD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0823411888.USD":"法巴消费创新基金 Cap","LU2125909759.SGD":"Natixis Thematics Safety H-R/A SGD","LU0882574139.USD":"富达环球消费行业基金A ACC","IE00BQXX3D17.EUR":"GUINNESS GLOBAL INNOVATORS \"C\" (EUR) ACC","LU2125909916.SGD":"Natixis Thematics Safety R/A SGD","AMZD":"1倍做空AMZN ETF-Direxion","SG9999015978.USD":"利安颠覆性创新基金A","LU1228905037.USD":"NINETY ONE GSF GLOBAL QUALITY DIVIDEND GROWTH \"A\" (USD) ACC","GGLL":"2倍做多GOOGL-Direxion","LU0871640123.AUD":"BGF GLOBAL MULTI-ASSET INC \"A8\" (AUD HDG) INC","LU0784385170.HKD":"BGF GLOBAL MULTI ASSET INCOME \"A6\" (HKDHGD) INC","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","LU1923622291.USD":"Natixis Thematics Safety R/A USD","LU2433249047.HKD":"THEMATICS META \"R/A\" (HKD) ACC","LU1228905540.USD":"NINETY ONE GSF GLOBAL QUALITY DIVIDEND GROWTH \"A\" (USD) INC 2","IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","GGLS":"1倍做空GOOGL ETF-Direxion","LU0784385840.USD":"Blackrock Global Multi-Asset Income A2 USD","IE00B19Z9P08.USD":"LEGG MASON CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (USD) INC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU2063271972.USD":"富兰克林创新领域基金","LU2506951875.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) ACC","AMZU":"2倍做多AMZN ETF-Direxion","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","AMZW":"Roundhill AMZN WeeklyPay™ ETF","LU2506952097.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) ACC","SG9999001440.SGD":"United Global Dividend Equity Fund A SGD Dist","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU1037948897.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (HKD) INC","LU2237443895.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) ACC","LU0345768153.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) ACC","AMZY":"AMZN期权收益策略ETF-YieldMax","LU2506951958.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) INC","NVD":"2倍做空NVDA ETF-GraniteShares","LU1934455277.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"AD\" (USD) INC","AMZZ":"2倍做多AMZN ETF-GraniteShares","LU0557290698.USD":"施罗德环球可持续增长基金","LU2764262908.HKD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (HKD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU1815336760.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"AUP\" (USD) INC","LU0265550359.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A2\" (USD) ACC","LU1037948541.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (HKD) ACC","LU1121112475.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USDHDG) ACC","SG9999000418.SGD":"Aberdeen Standard Global Technology SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","HK0000306701.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) INC","SG9999014575.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USDHDG) INC","LU2506952170.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) INC","NVDD":"1倍做空NVDA ETF-Direxion","IE00BDRTCR15.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC A","LU1119994496.HKD":"FIDELITY WORLD \"A\" (HKD) ACC","LU1934455194.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (USD) ACC","LU1791710582.SGD":"Fidelity Global Demographics A-ACC-SGD (SGD/USD hedged)","LU1883839398.USD":"AMUNDI FUNDS INCOME OPPORTUNITIES \"A2\" (USD) ACC","LU0976567544.SGD":"FTIF - Templeton Global Income A Mdis SGD-H1","NVDG":"2倍做多NVDA ETF- Leverage Shares","SG9999001424.SGD":"United E-Commerce Fund SGD","BK4576":"AR","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","LU0256863902.USD":"ALLIANZ US EQUITY \"AT\" (USD) ACC","IE00BDGV0183.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) INC","LU1791710400.SGD":"Fidelity Global Demographics A-ACC-SGD","BK4575":"芯片概念","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0056508442.USD":"贝莱德世界科技基金A2","LU1043141396.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) ACC","NVDQ":"2倍做空NVDA ETF-T-Rex","LU1032466523.USD":"高盛全球多资产收益组合Acc","BK4577":"网络游戏","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","NVDS":"1.5倍做空NVDA ETF-Tradr","BK4579":"人工智能","LU1043141123.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) INC 2","NVDU":"2倍做多NVDA ETF-Direxion","IE0034235295.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"A\" (USD) ACC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","IE00BGHQDM52.EUR":"GUINNESS ASIAN EQUITY INCOME \"C\" (EUR) ACC","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","BK4574":"无人驾驶","LU1035773651.USD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (USD) INC","NVDW":"NVDA周配息ETF-Roundhill","LU1894683264.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) ACC","SG9999014559.SGD":"United Income Focus Trust Dis SGD","LU2097829019.USD":"AZ EQUITY - BORLETTI GLOBAL LIFESTYLE \"AI\" (USD) ACC","NVDX":"2倍做多NVDA ETF-T-Rex","BK4573":"虚拟现实","LU0994945656.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC 2","NVDY":"NVDA期权收益策略ETF-YieldMax","SG9999014567.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USD) ACC","LU0724617625.USD":"BGF GLOBAL ALLOCATION \"A4\" (USD) INC","BK4581":"高盛持仓","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","SNVD.UK":"LS -1X NVIDIA","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","NVII":"Rex NVDA Growth & Income ETF","LU0210533765.USD":"JPM GLOBAL GROWTH \"A\" (USD) ACC","LU2148611432.USD":"AZ ALLOCATION BALANCED BRAVE \"AAZ\" (USDHDG) ACC","LU0788109477.HKD":"BGF GLOBAL ALLOCATION \"A2\" (HKDHGD) ACC","2NVD.UK":"2X NVIDIA ETP","IE00BGHQF631.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) ACC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","SG9999015358.SGD":"United Income Focus Trust Dis SGD-H","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD)  INC","LU0094547139.USD":"abrdn SICAV I - GLOBAL SUSTAINABLE EQUITY FUND \"A\" (USD) ACC","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","ORCS":"1倍做空ORCL ETF-Direxion","IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","LU2133065610.SGD":"JPMorgan Investment Funds - Global Dividend A (mth) SGD","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","ORCU":"2倍做多ORCL ETF-Direxion","LU1303367103.USD":"摩根大通多经理另类基金 A (acc)","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","LU2404859741.USD":"FUNDSMITH EQUITY FUND \"R\" (USD) INC","ORCX":"2倍做多ORCL ETF-Defiance","LU2098885051.SGD":"JPMorgan Funds - Multi-Manager Alternatives A (acc) SGD","SG9999011175.SGD":"Nikko AM Global Dividend Equity Dis SGD-H","LU2097344431.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) INC","LU2097344357.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) ACC","LU0477156797.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"RE\" (USD) ACC","LU0130518102.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"R\" INC","LU1880398554.USD":"AMUNDI FUNDS GLOBAL EQUITY \"A2\" (USD) INC","LU2404859667.USD":"FUNDSMITH EQUITY FUND \"R\" (USD) ACC","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","LU0690374961.EUR":"FUNDSMITH EQUITY \"R\" (EUR) INC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","LU1069344957.HKD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (HKD) INC","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0690374615.EUR":"FUNDSMITH EQUITY \"R\" (EUR) ACC","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","LU0683600562.USD":"AB SELECT US EQUITY \"A\" (USD) ACC","LU0061474960.USD":"天利环球焦点基金AU Acc","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU1989763005.USD":"东方汇理教育基金A2 Acc","LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","LU0494093205.USD":"贝莱德ESG灵活多元资产A2 USD-H","LU2041044095.USD":"Blackrock Circular Economy A2 USD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU2317271919.USD":"BGF FUTURE CONSUMER \"A2\" (USD) ACC","IE00BFXG0V08.USD":"BNY MELLON GLOBAL LEADERS \"B\" (USD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0757359368.USD":"SCHRODER ISF GLOBAL MULTI-ASSET INCOME \"A\" (USD)  ACC","LU2279689827.SGD":"JPMorgan Investment Funds - Global Income Sustainable A (mth) SGD-H","LU1803068623.USD":"TEMPLETON GLOBAL CLIMATE CHANGE \"AH1\" (USDHDG) ACC","LU0426412945.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC","LU2347655156.SGD":"JPMorgan Investment Funds - Global Income A (icdiv) SGD-H","MSFD":"1倍做空MSFT ETF-Direxion","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","NVD3.UK":"LS 3X NVIDIA","LU1935043023.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (USD) INC A","MSFL":"2倍做多MSFT ETF-GraniteShares","IE00B4JS1V06.HKD":"JANUS HENDERSON BALANCED \"A2\" (HKD) ACC","NVDS.UK":"LS -1X NVIDIA","MSFO":"MSFT期权收益策略ETF-YieldMax","SG9999003800.SGD":"Nikko AM Global Dividend Equity Acc SGD-H","LU2271345857.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (HKD) ACC","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","NVD2.UK":"2X NVIDIA ETP","MSFW":"Roundhill MSFT WeeklyPay ETF","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU0314106906.USD":"MANULIFE GF GLOBAL EQUITY \"AA\" (USD) INC","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU1582986433.USD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (USDHDG) INC","LU0795875169.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD-H","MSFX":"2倍做多MSFT ETF-T-Rex","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU2360108059.USD":"BGF CIRCULAR ECONOMY \"A4\" (USD) INC","MSFY":"Kurv Yield Premium Strategy Microsoft (MSFT) ETF","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","LU1430594728.SGD":"Eastspring Investments - Global Low Volatility Equity AS SGD","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","LU0757359954.USD":"SCHRODER ISF GLOBAL MULTI-ASSET INCOME \"A\" (USD) INC MF","BK4567":"ESG概念","LU0265550946.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A5\" (USD) INC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU2083900584.USD":"HSBC GIF US INCOME FOCUSED \"AM2\" (USD) INC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","LU1127390331.HKD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A\" (HKD) ACC","LU0079474960.USD":"联博美国增长基金A","LU0472753341.HKD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (HKD) ACC","BK4566":"资本集团","LU1934455863.HKD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (HKD) ACC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","LU0107464264.USD":"abrdn SICAV I - GLOBAL INNOVATION EQUITY \"A\" (USD) ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","LU1221951046.USD":"NORDEA 1 STABLE RETURN \"HM\" (USDHDG) INC","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","LU2272731865.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AM\" (HKD) INC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU1221951129.SGD":"NORDEA 1 STABLE RETURN \"HM\" (SGDHDG) INC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","LU1670628061.USD":"M&G (LUX) NORTH AMERICAN DIVIDEND \"A\" (USD) INC","LU0124676726.USD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (USD) ACC","LU2355687059.USD":"NORDEA 1 GLOBAL IMPACT  \"BP\" (USD) ACC","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","LU0496365809.HKD":"TEMPLETON GLOBAL INCOME \"A\" (HKD) INC (Q)","LU1366333091.USD":"FIDELITY GLOBAL FOCUS \"A\" (USD) ACC","LU1670710588.SGD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (SGD) ACC","BK4561":"索罗斯持仓","LU2211817866.USD":"Allianz Food Security AT Acc USD","LU0965508806.USD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (USD) INC","LU1196500208.SGD":"NORDEA STABLE RETURN \"HB\" (SGDHDG) ACC","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU1670710661.SGD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (SGD) INC","LU1059921491.USD":"NORDEA 1 GLOBAL STABLE EQUITY \"HB\" (USDHDG) ACC","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU1670711123.USD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (USD) INC","LU0985320562.USD":"NORDEA 1 GLOBAL STARS EQUITY \"BP\" (USD) ACC","LU0171293334.USD":"贝莱德英国基金A2","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU0342679015.USD":"ALLIANZ GLOBAL EQUITY UNCONSTRAINED \"AT\" (USD) ACC","LU0823417653.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) ACC","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","LU1582987324.SGD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (SGDHDG) ACC","LU1582987597.SGD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (SGDHDG) INC","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU0545039389.USD":"BGF GLOBAL EQUITY INCOME \"A2\" ACC","LU0048584097.USD":"FIDELITY FUNDS  GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) INC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","LU1032955483.USD":"NORDEA 1 STABLE RETURN \"HB\" (USDHDG) ACC","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","IE00BDCRKT87.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC","LU0274383776.USD":"MANULIFE GF US SMALL CAP EQUITY \"AA\" (USD) INC","LU2191332357.HKD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (HKDHDG) INC","LU0302445910.USD":"SCHRODER ISF GLOBAL CLIMATE CHANGE EQUITY \"A\" ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU1585245621.USD":"EASTSPRING INV GLOBAL LOW VOLATILITY EQUITY FUND \"A\" (USD) ACC B","LU2463028550.USD":"AB SICAV I AMERICAN MULTI-ASSET PORTFOLIO \"A\" (USD) ACC","SGXZ81514606.USD":"大华环球创新基金A Acc USD","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4543":"AI","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU2065171311.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) ACC","LU2065171402.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) INC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0894486033.HKD":"SCHRODER ISF GLOBAL MULTI-ASSET INCOME \"A\" (HKD) INC MF","LU2237957902.USD":"NIKKO AM GLOBAL EQUITY \"F\" (USD) ACC","LU0894485498.HKD":"SCHRODER ISF GLOBAL MULTI-ASSET INCOME \"A\" (HKD) ACC","LU2237957811.SGD":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","LU0823421333.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) ACC","LU0426417589.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC","LU0795875086.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD","LU0823421416.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) INC","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","BK4592":"伊斯兰概念","LU0861579265.USD":"联博低波幅策略股票基金A","LU2413666699.HKD":"BNP PARIBAS GLOBAL ENVIRONMENT \"CRH\" (HKDHDG) INC","IE0003U64NQ7.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) ACC","LU2247934214.USD":"FIDELITY FUNDS SUSTAINABLE FUTURE CONNECTIVITY \"A\" (USD) ACC","BK4549":"软银资本持仓","LU0823434583.USD":"BNP PARIBAS US GROWTH \"C\" (USD) ACC","IE000KEQY171.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) INC","LU0187121727.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) INC","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","BK4548":"巴美列捷福持仓","LU0823434740.USD":"BNP PARIBAS US GROWTH \"C\" (USD) INC","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","IE00BZ199S13.USD":"BNY MELLON MOBILITY INNOVATION \"B\" (USD) ACC","BK4554":"元宇宙及AR概念","LU0545562505.USD":"NINETY ONE GSF GLOBAL QUALITY DIVIDEND GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","BK4553":"喜马拉雅资本持仓","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","LU2275660780.HKD":"SCHRODER ISF GLOBAL CLIMATE CHANGE EQUITY \"A\" (HKD) ACC","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","LU1861215975.USD":"贝莱德新一代科技基金 A2","BK4585":"ETF&股票定投概念","LU0912757837.SGD":"JPMorgan Investment Funds - Global Income A (mth) SGD-H","LU1323610961.USD":"UBS (LUX) EQUITY SICAV - LONG TERM THEMES (USD) \"P\" (USD) ACC","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","LU1506573853.SGD":"MANULIFE GF GLOBAL EQUITY \"AA\" (SGD) INC","IE00B4YYXB79.USD":"PIMCO BALANCED INCOME AND GROWTH \"E\" (USD) ACC","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","LU0069063385.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (USD) ACC","BK4587":"ChatGPT概念","LU0823414551.USD":"BNP PARIBAS ENERGY TRANSITION \"C\" (USD) INC","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","LU0689626769.HKD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (HKD) ACC","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","NVIW.SI":"NVDA 3xLongSG261006","LU0106261372.USD":"SCHRODER ISF US LARGE CAP \"A\" ACC","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","BK4559":"巴菲特持仓","BK4596":"哈里斯概念","LU1301847155.USD":"BGF GLOBAL MULTI-ASSET INCOME FUND \"A4G\" (USD) INC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU1935042991.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (SGDHDG) INC","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","BK4588":"碎股","BK4550":"红杉资本持仓","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","LU1633808545.USD":"ALLIANZ GLOBAL EQUITY GROWTH \"AT\" (USD) ACC","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU0251132253.USD":"FIDELITY FUNDS  GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) ACC","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","IE000W1ABFV2.USD":"PIMCO BALANCED INCOME AND GROWTH \"R\" (USD) INC","LU0251142724.SGD":"Fidelity America A-SGD","LU0251131958.USD":"FIDELITY AMERICA \"A\" (USD) ACC","BK4551":"寇图资本持仓","BK4598":"佩洛西持仓","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","LU0823417737.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) INC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU1069347547.HKD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (HKD) INC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU0950375773.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) INC A","LU0476273544.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"BU\" (USD) ACC","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU0553294199.USD":"BGF GLOBAL EQUITY INCOME \"A5G\" (USD) INC","LU2413666426.HKD":"BNP PARIBAS GLOBAL ENVIRONMENT \"C\" (HKD) ACC","LU2242650005.HKD":"FIDELITY FUNDS GLOBAL MULTI ASSET DYNAMIC \"A\" (HKD) ACC","LU1721428933.USD":"法巴全球经典环境基金RH MD Dis","BK4602":"量子计算概念","BK4529":"IDC概念","LU0057025933.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (USD) ACC","LU2452424414.USD":"BGF ESG MULTI-ASSET \"A10\" (USDHDG) INC","SG9999014542.SGD":"United Income Focus Trust Acc SGD","BK4528":"SaaS概念","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0162691827.USD":"BGF US BASIC VALUE \"A4\" INC","LU0323239441.USD":"HSBC GIF GLOBAL EQUITY CLIMATE CHANGE \"AC\" ACC","LU0072461881.USD":"BGF US BASIC VALUE \"A2\" ACC","BK4605":"半导体精选","LU1989773731.SGD":"CPR Invest - Education A2 Acc SGD-H","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","BK4608":"AI应用概念股","LU1861127337.USD":"ALLIANZ GLOBAL MULTI ASSET SUSTAINABILITY BALANCED \"AMG\" (USD) INC","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU1935043536.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (SGDHDG) INC A","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU2244417387.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) ACC","BK4525":"远程办公概念","3NVD.UK":"LS 3X NVIDIA","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU0784383803.USD":"BGF GLOBAL MULTI-ASSET INCOME FUND \"A\" (USD) INC A","LU1894683348.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) INC","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","BK4604":"机器人概念","BK4220":"综合零售","BK4524":"宅经济概念","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","LU2298321311.HKD":"BGF CIRCULAR ECONOMY \"A\" (HKDHDG) ACC","BK4527":"明星科技股","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU2092937221.SGD":"Blackrock Circular Economy A2 SGD-H","LU1116320737.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (USD) INC","LU1235295455.SGD":"Fidelity Global Multi Asset Growth & Income A-ACC-SGD","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","GB00B4QBRK32.GBP":"FUNDSMITH EQUITY \"R\" (GBP) INC","LU2054465674.USD":"UBS (LUX) KEY SELEC SICAV DIGITAL TRANSFORMATION T \"P\" (USD) ACC","LU0823414478.USD":"法巴经典能源转换基金","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","LU0323240290.USD":"HSBC GIF GLOBAL EQUITY CLIMATE CHANGE \"AD\" INC","IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","LU0215105999.USD":"SCHRODER ISF GLOBAL EQUITY \"A\" ACC","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","GB00B4LPDJ14.GBP":"FUNDSMITH EQUITY \"R\" (GBP) ACC","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4612":"AI芯片","LU1261432733.SGD":"Fidelity World A-ACC-SGD","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","LU1236620750.USD":"HSBC GIF GLOBAL SUSTAINABLE LONG TERM DIVIDEND \"AM2\" (USD) INC","LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","BK4614":"Manus概念股","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU1116320901.HKD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (HKD) INC","LU2092937148.SGD":"Blackrock ESG Multi-Asset A8 SGD-H","LU1236620834.HKD":"HSBC GIF GLOBAL SUSTAINABLE LONG TERM DIVIDEND \"AM2\" (HKD) INC","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","LU2111349929.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (HKD) INC","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU2092627202.USD":"Blackrock ESG Multi-Asset A8 USD-H","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU0203345920.USD":"SCHRODER ISF QEP GLB ACT. VL \"A\" (USD) ACC","LU2077746001.SGD":"Blackrock ESG Multi-Asset A2 SGD-H","IE00BZ9MQY76.HKD":"FTGF CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (HKD) ACC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU1153585028.USD":"BGF GLOBAL LONG-HORIZON EQUITY  \"A4\" (USD) INC","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","BK4532":"文艺复兴科技持仓","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","LU2237443465.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) INC","LU1564329628.SGD":"Blackrock Dynamic High Income A2 SGD-H","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2611906488","content_text":"Investors are pushing back hard against Big Tech’s aggressive artificial-intelligence spending plans, causing shares of the “Magnificent Seven” companies to fall dramatically.After eight consecutive days of losses, shares of Amazon.com have officially tumbled into a technical bear market, meaning that they’re off 20% or more from their recent high. Amazon’s stock closed at $199.60 on Thursday, 21.4% below its recent high.Among the four major hyperscalers, Amazon has the highest amount of planned capital expenditures for 2026, at $200 billion. Amazon, Microsoft, Meta Platforms and Alphabet are expected to spend a cumulative $650 billion on AI capex in 2026.Amazon joins Microsoft as the second “Magnificent Seven” name that’s fallen into bear-market territory. Shares of Microsoft entered a bear market on Jan. 29, one day after the company reported Azure cloud growth that fell short of investors’ expectations. As of Thursday’s close, Microsoft’s stock is down 25.9% from its recent high.Meta looks positioned to be next, as shares are 2.3% away from reaching bear-market territory, according to Dow Jones Market Data. While Meta’s fourth-quarter revenue and earnings results beat Wall Street’s expectations, increased AI spending and margin pressure have weighed on investor sentiment.The recent selloff highlights a growing rift between members of the “Magnificent Seven,” Mike Treacy, vice president of risk at Apex Fintech Solutions, told MarketWatch.Since the fall, investors have rotated out of the OpenAI trade associated with names like Microsoft, Nvidia and Oracle amid rising concerns over circular financing deals. Instead, they’ve begun favoring the Alphabet and Broadcom ecosystem, Treacy said.Alphabet’s vertically integrated tech stack has offset some of the overspending fears and shielded the stock from the worst of the tech selloff, Treacy added. Shares of Alphabet closed on Thursday down 9.2% from their recent high.“I do think Google’s self-sufficiency should command a premium relative to the others that could be adversely impacted by one cog in the wheel,” Treacy said, referring to Google’s proprietary tensor processing units.On the other hand, shares of Amazon, Microsoft and Meta are being hit harder as investors are less confident about those companies’ abilities to deliver a sufficient return on investment on their AI spending. For Amazon, increased capex levels could push its free cash flow into negative territory this year, meaning that it would need to start tapping the debt markets to raise more capital.The next big catalyst for the AI trade will be Nvidia’s earnings report on Feb. 25, according to Treacy. The results will show whether the AI boom is cooling, or if Nvidia is successfully capturing the billions its biggest customers are pouring into the trade.","news_type":1,"symbols_score_info":{"NVIW.SI":0.6,"NVD3.UK":0.6,"GGLS":0.6,"NVD2.UK":0.6,"NVDY":0.6,"MSFO":0.6,"AMZW":0.6,"GOOP":0.6,"GGLL":0.6,"GOOX":0.6,"GOU":0.6,"MSFX":0.6,"AZYY":0.6,"NVDS.UK":0.6,"MSFW":0.6,"NVII":0.6,"AVL":0.6,"GOOY":0.6,"AVGW":0.6,"AVGX":0.6,"USAW.SI":0.6,"2NVD.UK":0.6,"MSFL":0.6,"ORCX":0.6,"GOOW":0.6,"ORCS":0.6,"AMZY":0.6,"NVDW":0.6,"USJW.SI":0.6,"AVS":0.6,"NVDX":0.6,"AVGU":0.6,"AMZZ":0.6,"NVDU":0.6,"MSFY":0.6,"AMZU":0.6,"ORCU":0.6,"DIPS":0.6,"NVDG":0.6,"AMZD":0.6,"3NVD.UK":0.6,"MSFD":0.6,"NVDS":0.6,"NVDQ":0.6,"NVD":0.6,"AVGG":0.6,"NVDD":0.6,"SNVD.UK":0.6,"AMZN":1.97}},"isVote":1,"tweetType":1,"viewCount":696,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}