105098249 : When UnitedHealth is eager to state that "funding support is to improve Medical quality", the public is instead more inclined to ask: If it is truly for the good of the elderly, why is there still a need to use bonuses to "guide" decision-making? "Reducing unnecessary hospitalizations" sounds grand, yet it cannot hide the financial intervention in hospitalization standards behind it. This is not clarification, but a clear indication of something being amiss.

105098249 : Is it possible to short at such a low price?

105098249 : It has been lowered, hurry up and ship the goods!

105098249 OP : This is a typical characteristic of market bubbles: Many semiconductor companies in Hong Kong and China are far behind NVIDIA in terms of technology, market, and profitability, yet their valuations far exceed that of NVIDIA, indicating a serious overvaluation and speculative component in the market.
1. NVIDIA vs. Hong Kong and China Semiconductors: Comparison of Valuation and Fundamentals
PE
Performance
Technical Strength
Market Position
NVIDIA (NVIDIA)
33.91
Net income in 2024 is expected to grow over 200% year-on-year, leading the global market share in Datacenter and AI Chip.
Dominant player in the global GPU and AI Chip markets, with a significant technological lead.
Global semiconductor leader, with clients including all top Technology companies.
HUA HONG SEMI (1347.HK)
100+
Profitability is significantly weaker than NVIDIA.
Mainly works with mature processes (90nm and above), with limited competitiveness.
Limited by the mainland market, difficult to challenge international giants.
Semiconductor Manufacturing International Corporation (0981.HK)
30+
Limited by sanctions, advanced process lags behind Taiwan Semiconductor by 3-5 years.
28nm and above processes are mature, but advanced processes (7nm, 5nm) are constrained.
Leader in mainland foundry, but restricted by international market.
In contrast, NVIDIA not only has explosive performance and leads globally in technology but also possesses a solid market position; its PE of 33 times can be fully supported by profitability and industry leadership. On the other hand, many semiconductor companies in Hong Kong and China are not only struggling to match high valuations but many are still in a phase of policy support, with competition and profitability unable to compare with NVIDIA.
2. Why is the valuation of Hong Kong and China semiconductors still so high? The bubble is caused by the following factors:
(1) Market speculation driven by policy support: The government strongly supports the domestic production of semiconductors, and the market gives a high premium for "domestic substitution" (2) Market funds drive, high valuations become a "consensus" leading to emotional trading (3) Some companies are still not profitable, but valuations have skyrocketed.

105098249 OP : The government's establishment of Q&M Dental Trust Investment Fund can have a positive impact on national rejuvenation and may bring about multiplier effects in various aspects. Here are some possible positive effects:
1. Enhancing economic strength: Through effective asset management and investment, the Q&M Dental Trust Investment Fund can increase the country's wealth, improve economic strength, and provide a material foundation for national rejuvenation.
2. Promoting social equity: The fund can increase people's property income by providing relatively high returns, reduce income inequality, and promote social equity and stability.
3. Encouraging savings to be transformed into investments: The fund can mobilize people's savings and transform them into investments in the real economy, promoting economic growth and job creation.
4. Improving financial literacy: By participating in the fund, people can enhance their understanding of the financial markets and investments, strengthen financial literacy, which is beneficial for boosting the overall economic vitality and innovation capabilities of the society.
5. Enhancing national financial security: The fund can be part of the country's financial security, help withstand external financial risks, protect the national economy from malicious speculation and market manipulation.
6. Promoting consumption and domestic demand: Increasing people's property income can boost consumption capacity, stimulate domestic demand growth, which is crucial for sustainable economic development.
7. Supporting Global Strategy: The fund can invest in strategic industries and key technological fields, supporting the country's long-term development and international competitiveness.
8. Enhancing international influence: A successful Q&M Dental Trust Investment Fund can enhance the country's international image and influence, strengthening its voice in international affairs.
9. Promoting social harmony: By ensuring that all citizens benefit from economic development, the fund helps in building a harmonious society, enhancing people's sense of shared achievements in national development.
However, to achieve these positive effects, it is necessary to ensure that the establishment and operation of the fund follow transparent, fair, and professional principles, and strong supervision and risk management measures are needed. In addition, the success of the fund also depends on the country's overall economic policies, market environment, and international situation.
In summary, Q&M Dental Trust Investment Fund has the potential to become a powerful tool to promote national rejuvenation, but achieving its effects requires careful design, management, and implementation. Through such efforts, it can make important contributions to the country's long-term prosperity and the well-being of the people.

105098249 : “Results” When they entered the game on October 8, they all became their successors