+Follow
Chris hurt
No personal profile
0
Follow
0
Followers
0
Topic
0
Badge
Posts
Hot
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":"sg","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 "Sell America" -- 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 "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.</p><p>"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."</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'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>"It's not selling America -- it's hedge America," 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's run-up over the past decade led many investors to conclude it wasn't worth the cost of hedging.</p><p>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.</p><p>"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."</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'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'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.</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 "Sell America" fears in January after announcing it would unload $100 million in U.S. Treasurys.</p><p>"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."</p><p>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.</p><p>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.</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>"We were reminded, hey, we own a lot of U.S. assets," 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'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's currency -- selling yuan and buying dollars -- a trend he expects to continue.</p><h2 id=\"id_3518497052\">Stocks keep rallying</h2><p>Foreigners' 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.</p><p>"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."</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>"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."</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'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>"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.</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 "Sell America" -- 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 "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.</p><p>"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."</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'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>"It's not selling America -- it's hedge America," 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's run-up over the past decade led many investors to conclude it wasn't worth the cost of hedging.</p><p>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.</p><p>"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."</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'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'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.</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 "Sell America" fears in January after announcing it would unload $100 million in U.S. Treasurys.</p><p>"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."</p><p>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.</p><p>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.</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>"We were reminded, hey, we own a lot of U.S. assets," 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'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's currency -- selling yuan and buying dollars -- a trend he expects to continue.</p><h2 id=\"id_3518497052\">Stocks keep rallying</h2><p>Foreigners' 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.</p><p>"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."</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>"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."</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'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>"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.</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":{"YMmain":2,"NQmain":2,"ESmain":2}},"isVote":1,"tweetType":1,"viewCount":657,"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":{"IE00BVYPNQ40.USD":"GUINNESS ASIAN EQUITY INCOME \"C\" (USD) ACC","AVGG":"2倍做多AVGO ETF-Leverage Shares","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","LU2065169927.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) ACC","LU0823414551.USD":"BNP PARIBAS ENERGY TRANSITION \"C\" (USD) INC","IE00BVYPNP33.GBP":"GUINNESS ASIAN EQUITY INCOME \"C\" (GBP) ACC","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","LU1670711040.USD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (USD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","AVGU":"2倍做多AVGO ETF-GraniteShares","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU1633808545.USD":"ALLIANZ GLOBAL EQUITY GROWTH \"AT\" (USD) ACC","BK4529":"IDC概念","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","IE00BVYPNW00.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) ACC","AVGW":"Roundhill AVGO WeeklyPay ETF","LU0203202063.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A2X\" (USD) ACC","IE000W1ABFV2.USD":"PIMCO BALANCED INCOME AND GROWTH \"R\" (USD) INC","BK4528":"SaaS概念","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","MSFD":"1倍做空MSFT ETF-Direxion","AVGX":"2倍做多AVGO ETF-Defiance","LU0823417737.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) INC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU1732799900.SGD":"JPMorgan Investment Funds - Global Income A (irc) SGD-H","LU0203201768.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"AX\" (USD) INC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","MSFL":"2倍做多MSFT ETF-GraniteShares","MSFO":"MSFT期权收益策略ETF-YieldMax","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) INC (M)","LU1699723380.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"AP\" (USD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","AVL":"2倍做多AVGO ETF-Direxion","LU0823411888.USD":"法巴消费创新基金 Cap","MSFW":"Roundhill MSFT WeeklyPay ETF","BK4525":"远程办公概念","SNVD.UK":"LS -1X NVIDIA","LU2452424414.USD":"BGF ESG MULTI-ASSET \"A10\" (USDHDG) INC","MSFX":"2倍做多MSFT ETF-T-Rex","SG9999014542.SGD":"United Income Focus Trust Acc SGD","BK4524":"宅经济概念","BK4220":"综合零售","MSFY":"Kurv Yield Premium Strategy Microsoft (MSFT) ETF","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD) INC","IE00BQXX3D17.EUR":"GUINNESS GLOBAL INNOVATORS \"C\" (EUR) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","BK4527":"明星科技股","LU0162691827.USD":"BGF US BASIC VALUE \"A4\" INC","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU2433249047.HKD":"THEMATICS META \"R/A\" (HKD) ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","IE00B19Z9P08.USD":"LEGG MASON CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (USD) INC","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","SG9999001440.SGD":"United Global Dividend Equity Fund A SGD Dist","LU2244417387.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) ACC","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU1037948897.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (HKD) INC","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU2298321311.HKD":"BGF CIRCULAR ECONOMY \"A\" (HKDHDG) ACC","LU2764262908.HKD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (HKD) ACC","LU1934455277.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"AD\" (USD) INC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU1037948541.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (HKD) ACC","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","HK0000306701.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) INC","LU1934455194.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (USD) ACC","IE00BDRTCR15.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC A","IE00BDGV0183.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) INC","AVS":"1倍做空AVGO ETF-Direxion","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","GB00B4QBRK32.GBP":"FUNDSMITH EQUITY \"R\" (GBP) INC","LU0823414478.USD":"法巴经典能源转换基金","BK4532":"文艺复兴科技持仓","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","SG9999001424.SGD":"United E-Commerce Fund SGD","GB00B4LPDJ14.GBP":"FUNDSMITH EQUITY \"R\" (GBP) ACC","LU0323240290.USD":"HSBC GIF GLOBAL EQUITY CLIMATE CHANGE \"AD\" INC","LU1236620750.USD":"HSBC GIF GLOBAL SUSTAINABLE LONG TERM DIVIDEND \"AM2\" (USD) INC","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","BK4534":"瑞士信贷持仓","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU1236620834.HKD":"HSBC GIF GLOBAL SUSTAINABLE LONG TERM DIVIDEND \"AM2\" (HKD) INC","IE0034235295.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","LU1035773651.USD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (USD) INC","LU2111349929.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (HKD) INC","IE00BGHQDM52.EUR":"GUINNESS ASIAN EQUITY INCOME \"C\" (EUR) ACC","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","BK4535":"淡马锡持仓","IE00BZ9MQY76.HKD":"FTGF CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (HKD) ACC","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","BK4538":"云计算","LU0210533765.USD":"JPM GLOBAL GROWTH \"A\" (USD) ACC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","IE00BGHQF631.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","IE00B3PB1722.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) INC","LU0094547139.USD":"abrdn SICAV I - GLOBAL SUSTAINABLE EQUITY FUND \"A\" (USD) ACC","LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","IE00B42XCP33.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) INC","LU0726765562.USD":"JPM GLOBAL INCOME \"A\" (USD HEDGED) INC","BK4097":"系统软件","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU2347655073.USD":"JPM GLOBAL INCOME \"A\" (USDHDG) INC A","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU2097344431.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) INC","LU2404859741.USD":"FUNDSMITH EQUITY FUND \"R\" (USD) INC","LU0130518102.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"R\" INC","LU2404859667.USD":"FUNDSMITH EQUITY FUND \"R\" (USD) ACC","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","LU0070217475.USD":"JPM GLOBAL SELECT EQUITY \"A\" ACC","LU2097344357.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU2764263039.SGD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (SGDHDG) ACC","LU0690374961.EUR":"FUNDSMITH EQUITY \"R\" (EUR) INC","LU1069344957.HKD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (HKD) INC","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU0690374615.EUR":"FUNDSMITH EQUITY \"R\" (EUR) ACC","LU0211326839.USD":"TEMPLETON GLOBAL INCOME \"A\" (USD) INC","LU2764263203.CNY":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (CNYHDG) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU2360108059.USD":"BGF CIRCULAR ECONOMY \"A4\" (USD) INC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","LU0683600562.USD":"AB SELECT US EQUITY \"A\" (USD) ACC","AZYY":"GraniteShares YieldBOOST AMZN ETF","LU1267930573.SGD":"TEMPLETON GLOBAL \"AA\" (SGD) ACC A","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU2087625088.SGD":"ALLSPRING US ALL CAP GROWTH \"A\" (SGDHDG) ACC","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","BK4507":"流媒体概念","LU2317271919.USD":"BGF FUTURE CONSUMER \"A2\" (USD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY \"A\" (USD) ACC","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU1803068623.USD":"TEMPLETON GLOBAL CLIMATE CHANGE \"AH1\" (USDHDG) ACC","LU0757359368.USD":"SCHRODER ISF GLOBAL MULTI-ASSET INCOME \"A\" (USD) ACC","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","SG9999014906.USD":"大华全球优质成长基金Acc USD","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC","LU1935043023.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (USD) INC A","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","IE00B4JS1V06.HKD":"JANUS HENDERSON BALANCED \"A2\" (HKD) ACC","IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","LU2271345857.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (HKD) ACC","BK4503":"景林资产持仓","LU1582986433.USD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (USDHDG) INC","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","LU1489326972.SGD":"First Eagle Amundi International AHS-MD SGD-H","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","BK4504":"桥水持仓","LU1430594728.SGD":"Eastspring Investments - Global Low Volatility Equity AS SGD","LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","LU0757359954.USD":"SCHRODER ISF GLOBAL MULTI-ASSET INCOME \"A\" (USD) INC MF","SG9999015341.SGD":"United Income Focus Trust Acc SGD-H","USAW.SI":"AMZN 3xLongSG261006","LU2083900584.USD":"HSBC GIF US INCOME FOCUSED \"AM2\" (USD) INC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU0738911758.USD":"Blackrock Global Equity Income A6 USD","LU1934455863.HKD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (HKD) ACC","LU0472753341.HKD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (HKD) ACC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","LU0949170426.SGD":"Blackrock Global Multi-Asset Income A6 SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","LU0976567544.SGD":"FTIF - Templeton Global Income A Mdis SGD-H1","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","LU1221951046.USD":"NORDEA 1 STABLE RETURN \"HM\" (USDHDG) INC","SGXZ31699556.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"C\" (SGDHDG) ACC","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU0784384876.USD":"Blackrock Global Multi-Asset Income A6 USD","LU2272731865.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AM\" (HKD) INC","LU1221951129.SGD":"NORDEA 1 STABLE RETURN \"HM\" (SGDHDG) INC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","AMZD":"1倍做空AMZN ETF-Direxion","USJW.SI":"ALPHAB 3xLongSG261006","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU1670628061.USD":"M&G (LUX) NORTH AMERICAN DIVIDEND \"A\" (USD) INC","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU0496365809.HKD":"TEMPLETON GLOBAL INCOME \"A\" (HKD) INC (Q)","LU1366333091.USD":"FIDELITY GLOBAL FOCUS \"A\" (USD) ACC","LU2355687059.USD":"NORDEA 1 GLOBAL IMPACT \"BP\" (USD) ACC","LU1670710588.SGD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (SGD) ACC","LU0203345920.USD":"SCHRODER ISF QEP GLB ACT. VL \"A\" (USD) ACC","LU1670710661.SGD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (SGD) INC","LU1196500208.SGD":"NORDEA STABLE RETURN \"HB\" (SGDHDG) ACC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU0889566641.SGD":"FTSF - Templeton Shariah Global Equity A Acc SGD","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","AMZU":"2倍做多AMZN ETF-Direxion","LU1059921491.USD":"NORDEA 1 GLOBAL STABLE EQUITY \"HB\" (USDHDG) ACC","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU1670711123.USD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (USD) INC","LU0985320562.USD":"NORDEA 1 GLOBAL STARS EQUITY \"BP\" (USD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","AMZW":"Roundhill AMZN WeeklyPay™ ETF","LU2063271972.USD":"富兰克林创新领域基金","LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","LU0661504455.SGD":"Blackrock Global Equity Income A5 SGD-H","LU0342679015.USD":"ALLIANZ GLOBAL EQUITY UNCONSTRAINED \"AT\" (USD) ACC","AMZY":"AMZN期权收益策略ETF-YieldMax","LU1582987324.SGD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (SGDHDG) ACC","LU0215105999.USD":"SCHRODER ISF GLOBAL EQUITY \"A\" ACC","LU0545039389.USD":"BGF GLOBAL EQUITY INCOME \"A2\" ACC","AMZZ":"2倍做多AMZN ETF-GraniteShares","LU1582987597.SGD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (SGDHDG) 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","LU0048584097.USD":"FIDELITY FUNDS GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) INC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","BK4512":"苹果概念","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","LU1032955483.USD":"NORDEA 1 STABLE RETURN \"HB\" (USDHDG) ACC","BK4514":"搜索引擎","LU0985489474.SGD":"First Eagle Amundi International AHS-C SGD-H","LU0302445910.USD":"SCHRODER ISF GLOBAL CLIMATE CHANGE EQUITY \"A\" ACC","LU0878866978.SGD":"First Eagle Amundi International AHS-QD SGD-H","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU2191332357.HKD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (HKDHDG) INC","BK4516":"特朗普概念","LU1642822529.SGD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"A\" (SGD) ACC","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","LU1585245621.USD":"EASTSPRING INV GLOBAL LOW VOLATILITY EQUITY FUND \"A\" (USD) ACC B","BK4592":"伊斯兰概念","BK4515":"5G概念","SGXZ81514606.USD":"大华环球创新基金A Acc USD","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0433182093.SGD":"First Eagle Amundi International AS-C SGD","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","3NVD.UK":"LS 3X NVIDIA","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC","LU2065171311.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) ACC","LU2065171402.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) INC","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","LU2237957902.USD":"NIKKO AM GLOBAL EQUITY \"F\" (USD) ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0353189763.USD":"ALLSPRING US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU2543165471.USD":"E FUND (HK) GLOBAL QUALITY GROWTH \"A\" (USD) ACC","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","LU2237957811.SGD":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1 Acc SGD-H","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","LU1992135399.USD":"Allianz Global Intelligent Cities AT Acc USD","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","NVD2.UK":"2X NVIDIA ETP","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4077":"互动媒体与服务","LU1917777945.USD":"安联专题基金Cl AT Acc","AMZN":"亚马逊","LU2413666699.HKD":"BNP PARIBAS GLOBAL ENVIRONMENT \"CRH\" (HKDHDG) INC","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","LU2247934214.USD":"FIDELITY FUNDS SUSTAINABLE FUTURE CONNECTIVITY \"A\" (USD) ACC","IE0003U64NQ7.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) ACC","NVD3.UK":"LS 3X NVIDIA","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU0109392836.USD":"富兰克林科技股A","IE000KEQY171.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) INC","LU0187121727.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) INC","NVDS.UK":"LS -1X NVIDIA","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","HK0000914686.HKD":"GFI Global Select Equity Fund Class A (HKD)","LU1188199696.SGD":"Schroder ISF Global Multi-Asset Income A Dis SGD","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","HK0000914660.USD":"GFI Global Select Equity Fund Class A (USD)","LU0211326755.USD":"TEMPLETON GLOBAL INCOME \"A\" (USD) ACC","IE00BZ199S13.USD":"BNY MELLON MOBILITY INNOVATION \"B\" (USD) ACC","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","BK4596":"哈里斯概念","LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","LU0444971666.USD":"天利全球科技基金","DIPS":"做空NVDA期权收益策略ETF-YieldMax","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","LU2275660780.HKD":"SCHRODER ISF GLOBAL CLIMATE CHANGE EQUITY \"A\" (HKD) ACC","LU1323610961.USD":"UBS (LUX) EQUITY SICAV - LONG TERM THEMES (USD) \"P\" (USD) ACC","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","BK4598":"佩洛西持仓","2NVD.UK":"2X NVIDIA ETP","LU0960925559.SGD":"Schroder ISF Global Multi-Asset Income A Acc SGD","LU2168564495.EUR":"AZ ALLOCATION - TREND \"AI\" (EUR) ACC","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU0879622024.SGD":"Schroder ISF Global Multi-Asset Income A Dis SGD-H","LU0689626769.HKD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (HKD) ACC","LU2168564222.USD":"AZ ALLOCATION - TREND \"AAZ\" (USDHDG) ACC","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","LU2168564065.EUR":"AZ ALLOCATION - TREND \"AAZ\" (EUR) ACC","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","SGXZ51526630.SGD":"大华环球创新基金A Acc SGD","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU0106261372.USD":"SCHRODER ISF US LARGE CAP \"A\" ACC","LU2168563687.JPY":"AZ ALLOCATION - TREND \"AAZ\" (JPYHDG) ACC","LU1935042991.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (SGDHDG) INC","LU1935042488.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (USD) INC","LU2168564149.EUR":"AZ ALLOCATION - TREND \"BAZ\" (EUR) ACC","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU0251132253.USD":"FIDELITY FUNDS GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) ACC","BK4602":"量子计算概念","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0251131958.USD":"FIDELITY AMERICA \"A\" (USD) ACC","LU0251142724.SGD":"Fidelity America A-SGD","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU1069347547.HKD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (HKD) INC","LU0950375773.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) INC A","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0476273544.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"BU\" (USD) ACC","LU0158827781.USD":" ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (USD) ACC","BK4605":"半导体精选","LU2506951792.HKD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (HKDHDG) ACC","LU1923622614.USD":"Natixis Thematics Meta R/A USD","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU0553294199.USD":"BGF GLOBAL EQUITY INCOME \"A5G\" (USD) INC","BK4608":"AI应用概念股","LU2242650005.HKD":"FIDELITY FUNDS GLOBAL MULTI ASSET DYNAMIC \"A\" (HKD) ACC","LU2413666426.HKD":"BNP PARIBAS GLOBAL ENVIRONMENT \"C\" (HKD) ACC","LU1721428933.USD":"法巴全球经典环境基金RH MD Dis","LU0057025933.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (USD) ACC","LU0882574139.USD":"富达环球消费行业基金A ACC","LU2125909759.SGD":"Natixis Thematics Safety H-R/A SGD","BK4604":"机器人概念","LU2125909916.SGD":"Natixis Thematics Safety R/A SGD","LU1228905037.USD":"NINETY ONE GSF GLOBAL QUALITY DIVIDEND GROWTH \"A\" (USD) ACC","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","SG9999015978.USD":"利安颠覆性创新基金A","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU0871640123.AUD":"BGF GLOBAL MULTI-ASSET INC \"A8\" (AUD HDG) INC","LU0784385170.HKD":"BGF GLOBAL MULTI ASSET INCOME \"A6\" (HKDHGD) INC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0323239441.USD":"HSBC GIF GLOBAL EQUITY CLIMATE CHANGE \"AC\" ACC","LU1923622291.USD":"Natixis Thematics Safety R/A USD","LU0072461881.USD":"BGF US BASIC VALUE \"A2\" ACC","LU0784385840.USD":"Blackrock Global Multi-Asset Income A2 USD","LU1228905540.USD":"NINETY ONE GSF GLOBAL QUALITY DIVIDEND GROWTH \"A\" (USD) INC 2","BK4576":"AR","LU1861127337.USD":"ALLIANZ GLOBAL MULTI ASSET SUSTAINABILITY BALANCED \"AMG\" (USD) INC","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","LU1989773731.SGD":"CPR Invest - Education A2 Acc SGD-H","LU2506951875.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) ACC","BK4575":"芯片概念","LU2506952097.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU1935043536.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (SGDHDG) INC A","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU2506951958.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) INC","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","LU0784383803.USD":"BGF GLOBAL MULTI-ASSET INCOME FUND \"A\" (USD) INC A","LU0345768153.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) ACC","BK4612":"AI芯片","BK4577":"网络游戏","LU1894683348.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) INC","LU2237443895.HKD":"abrdn SICAV I - GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) ACC","LU0557290698.USD":"施罗德环球可持续增长基金","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","LU0265550359.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A2\" (USD) ACC","LU1815336760.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"AUP\" (USD) INC","BK4579":"人工智能","BK4614":"Manus概念股","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","LU2506952170.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) INC","SG9999014575.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USDHDG) INC","LU1121112475.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USDHDG) ACC","SG9999000418.SGD":"Aberdeen Standard Global Technology SGD","LU2092937221.SGD":"Blackrock Circular Economy A2 SGD-H","LU1116320737.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (USD) INC","LU1119994496.HKD":"FIDELITY WORLD \"A\" (HKD) ACC","LU1883839398.USD":"AMUNDI FUNDS INCOME OPPORTUNITIES \"A2\" (USD) ACC","BK4574":"无人驾驶","LU1791710582.SGD":"Fidelity Global Demographics A-ACC-SGD (SGD/USD hedged)","LU1791710400.SGD":"Fidelity Global Demographics A-ACC-SGD","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","LU1235295455.SGD":"Fidelity Global Multi Asset Growth & Income A-ACC-SGD","LU0256863902.USD":"ALLIANZ US EQUITY \"AT\" (USD) ACC","BK4573":"虚拟现实","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","LU2054465674.USD":"UBS (LUX) KEY SELEC SICAV DIGITAL TRANSFORMATION T \"P\" (USD) ACC","LU0056508442.USD":"贝莱德世界科技基金A2","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","BK4581":"高盛持仓","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU1032466523.USD":"高盛全球多资产收益组合Acc","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","LU1043141396.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) ACC","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","LU1261432733.SGD":"Fidelity World A-ACC-SGD","LU1116320901.HKD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (HKD) INC","BK4141":"半导体产品","LU1043141123.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) INC 2","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU2092937148.SGD":"Blackrock ESG Multi-Asset A8 SGD-H","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","SG9999014559.SGD":"United Income Focus Trust Dis SGD","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","LU2092627202.USD":"Blackrock ESG Multi-Asset A8 USD-H","LU1894683264.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) ACC","LU2077746001.SGD":"Blackrock ESG Multi-Asset A2 SGD-H","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","LU2097829019.USD":"AZ EQUITY - BORLETTI GLOBAL LIFESTYLE \"AI\" (USD) ACC","LU0994945656.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC 2","LU2237443465.HKD":"abrdn SICAV I - GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) INC","LU1153585028.USD":"BGF GLOBAL LONG-HORIZON EQUITY \"A4\" (USD) INC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","SG9999014567.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USD) ACC","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","LU1564329628.SGD":"Blackrock Dynamic High Income A2 SGD-H","LU0724617625.USD":"BGF GLOBAL ALLOCATION \"A4\" (USD) INC","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU2148611432.USD":"AZ ALLOCATION BALANCED BRAVE \"AAZ\" (USDHDG) ACC","LU0788109477.HKD":"BGF GLOBAL ALLOCATION \"A2\" (HKDHGD) ACC","LU1301847155.USD":"BGF GLOBAL MULTI-ASSET INCOME FUND \"A4G\" (USD) INC","LU1989763005.USD":"东方汇理教育基金A2 Acc","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU2357125470.USD":"BNP PARIBAS ENERGY TRANSITION \"CLASSIC RH\" (USDHDG) ACC","SG9999015358.SGD":"United Income Focus Trust Dis SGD-H","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","LU2294711713.HKD":"BNP PARIBAS ENERGY TRANSITION \"C\" (HKD) ACC","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","LU1235294995.USD":"FIDELITY GLOBAL TECHNOLOGY \"A\" (USDHDG) ACC","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","BK4023":"应用软件","LU2133065610.SGD":"JPMorgan Investment Funds - Global Dividend A (mth) SGD","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU1303367103.USD":"摩根大通多经理另类基金 A (acc)","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","LU0080751232.USD":"富达环球多元动力基金A","LU2381873111.SGD":"BGF SYSTEMATIC GLOBAL EQUITY HIGH INCOME \"A6\" (SGDHDG) INC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU2098885051.SGD":"JPMorgan Funds - Multi-Manager Alternatives A (acc) SGD","SG9999011175.SGD":"Nikko AM Global Dividend Equity Dis SGD-H","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","LU1880398554.USD":"AMUNDI FUNDS GLOBAL EQUITY \"A2\" (USD) INC","LU0477156797.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"RE\" (USD) ACC","IE000M9KFDE8.USD":"NEUBERGER BERMAN US LARGE CAP VALUE \"A\" (USD) ACC","IE00BMPRXQ63.HKD":"NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND \"A\" (HKDHDG) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","SG9999001077.SGD":"United International Growth Fund SGD","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","LU1868837300.USD":"CT (LUX) I AMERICAN FUND \"9\" (USD) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU0061474960.USD":"天利环球焦点基金AU Acc","LU1868836914.USD":"CT (LUX) I AMERICAN \"3\" (USD) ACC","LU0965509283.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (SGDHDG) INC","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0494093205.USD":"贝莱德ESG灵活多元资产A2 USD-H","LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","LU2041044095.USD":"Blackrock Circular Economy A2 USD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","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","IE00BFXG0V08.USD":"BNY MELLON GLOBAL LEADERS \"B\" (USD) ACC","LU1868837136.USD":"CT (LUX) I AMERICAN \"8\" (USD) ACC","IE00BHPRN162.USD":"BNY MELLON BLOCKCHAIN INNOVATION \"B\" (USD) ACC","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0426412945.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","LU0095938881.EUR":"JPMorgan Investment Funds - Global Macro Opportunities A (acc) EUR","LU1868836591.USD":"CT (LUX) I AMERICAN \"1U\"(USD) ACC","LU2279689827.SGD":"JPMorgan Investment Funds - Global Income Sustainable A (mth) SGD-H","LU1868836757.USD":"CT (LUX) I AMERICAN FUND \"2\" (USD) ACC","LU2347655156.SGD":"JPMorgan Investment Funds - Global Income A (icdiv) SGD-H","LU1340139317.AUD":"JPMorgan Investment Funds - Global Macro Opportunities A (acc) AUD-H","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","IE00BN8TJ469.HKD":"FTGF CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A\" (HKD) INC","NVIW.SI":"NVDA 3xLongSG261006","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","GOOP":"KURV YIELD PREMIUM STRATEGY GOOGLE (GOOGL) ETF","SG9999003800.SGD":"Nikko AM Global Dividend Equity Acc SGD-H","LU1334329650.SGD":"JPMorgan Investment Funds - Global Macro Opportunities A (acc) SGD-H","BK4567":"ESG概念","LU2746668461.USD":"MANULIFE DYNAMIC LEADERS \"AA\" (USD) ACC","GOOW":"Roundhill GOOGL WeeklyPay ETF","LU2430703095.HKD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (HKD) INC","LU2430703178.SGD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (SGDHDG) INC","GOOX":"2倍做多GOOG ETF-T-REX","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","BK4566":"资本集团","IE00B5949003.HKD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A\" (HKD) ACC","LU0345768740.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) INC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0314106906.USD":"MANULIFE GF GLOBAL EQUITY \"AA\" (USD) INC","LU2089985449.USD":"MANULIFE GF GLOBAL SEMICONDUCTOR OPPORTUNITIES \"AA\" (USD) ACC","GOOY":"GOOGL期权收益策略ETF-YieldMax","LU0795875169.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD-H","LU2430703251.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (USD) INC","LU1983260115.SGD":"Janus Henderson Horizon Global Sustainable Equity A2 SGD-H","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU1035775433.USD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (USD) INC","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU2931357623.SGD":"MANULIFE GF GLOBAL SEMICONDUCTOR OPPORTUNITIES \"AA\" (SGDHDG) ACC","GOU":"GraniteShares 2x Long GOOGL Daily ETF","LU2746668974.SGD":"MANULIFE DYNAMIC LEADERS \"AA\" (SGDHDG) ACC","LU2272731782.SGD":"Allianz Global Intelligent Cities AM Dis H2-SGD","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","SG9999002232.USD":"Allianz Global High Payout USD","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","LU2272731600.USD":"Allianz Global Intelligent Cities AM Dis USD","LU1003077747.HKD":"BGF GLOBAL EQUITY INCOME \"A6\" (HKDHDG) INC","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU0265550946.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A5\" (USD) INC","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","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","LU0079474960.USD":"联博美国增长基金A","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","LU2242649171.HKD":"FIDELITY FUNDS GLOBAL THEMATIC OPPORTUNITIES \"A\" (HKD) ACC","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","LU2361044949.HKD":"WELLINGTON US QUALITY GROWTH \"A\" (HKD) ACC","LU1127390331.HKD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A\" (HKD) ACC","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","IE00B3SWFQ91.USD":"PIMCO BALANCED INCOME AND GROWTH \"E\" (USD) INC","BK4561":"索罗斯持仓","LU2361044865.SGD":"WELLINGTON US QUALITY GROWTH \"A\" (SGDHDG) ACC","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU0107464264.USD":"abrdn SICAV I - GLOBAL INNOVATION EQUITY \"A\" (USD) ACC","LU0345774391.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) ACC","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU2361045086.USD":"WELLINGTON US QUALITY GROWTH \"A\" (USD) ACC","LU1046421795.USD":"富达环球科技A-ACC","LU1880398471.USD":"AMUNDI FUNDS GLOBAL EQUITY \"A2\" (USD) ACC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","IE00BYXW3230.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"AA\" (USD) ACC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","IE00B775H168.HKD":"JANUS HENDERSON BALANCED \"A5M\" (HKD) INC","IE00BN29S564.USD":"JANUS HENDERSON BALANCED \"A3\" (USD) INC","GGLL":"2倍做多GOOGL-Direxion","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","BK4122":"互联网与直销零售","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","GGLS":"1倍做空GOOGL ETF-Direxion","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU2211814178.USD":"ALLIANZ CLEAN PLANET \"AT\" (USD) ACC","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","LU0124676726.USD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (USD) ACC","LU2211817866.USD":"Allianz Food Security AT Acc USD","LU0965508806.USD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (USD) INC","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU2362541513.USD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0528227936.USD":"富达环球人口趋势基金A-ACC","LU2491049909.HKD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (HKD) ACC","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","LU2028103732.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AMG\" (USD) INC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU2491050071.SGD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (SGDHDG) ACC","LU2322448791.USD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMG\" (USD) INC","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU0238689110.USD":"贝莱德环球动力股票基金","LU0171293334.USD":"贝莱德英国基金A2","LU0345774631.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) INC","LU2322448957.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMG\" (HKD) INC","LU0072462426.USD":"贝莱德全球配置 A2","LU2491050154.USD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (USD) ACC","LU0823417653.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) ACC","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU2461242641.AUD":"WELLINGTON US QUALITY GROWTH \"A\" (AUDHDG) ACC","IE0009G5SDU7.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) INC","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4543":"AI","LU2860962120.EUR":"CPR INVEST - ARTIFICIAL INTELLIGENCE \"A2\" (EUR) ACC A","NVD":"2倍做空NVDA ETF-GraniteShares","IE000ITXATA3.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) ACC","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","LU2089284900.SGD":"Allianz Global Sustainability Cl AM Dis H2-SGD","LU1697837992.HKD":"BGF DYNAMIC HIGH INCOME \"A6\" (HKDHDG) INC","LU0203347892.USD":"SCHRODER ISF QEP GLOBAL ACTIVE VALLUE \"A\" (USD) INC AV","LU2592432038.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"A\" (USD) ACC","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","IE000YTNTUN2.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG)INC","NVDD":"1倍做空NVDA ETF-Direxion","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","IE00BDCRKT87.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC","LU0444973449.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"DU\" (USD) ACC","LU0274383776.USD":"MANULIFE GF US SMALL CAP EQUITY \"AA\" (USD) INC","NVDG":"2倍做多NVDA ETF- Leverage Shares","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU2473716301.USD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMF\" (USD) INC","LU2463028550.USD":"AB SICAV I AMERICAN MULTI-ASSET PORTFOLIO \"A\" (USD) ACC","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","BK4549":"软银资本持仓","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2505996509.AUD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (AUDHDG) INC","LU1564329115.USD":"Blackrock Dynamic High Income A6 USD","BK4548":"巴美列捷福持仓","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","NVDQ":"2倍做空NVDA ETF-T-Rex","LU0894486033.HKD":"SCHRODER ISF GLOBAL MULTI-ASSET INCOME \"A\" (HKD) INC MF","NVDS":"1.5倍做空NVDA ETF-Tradr","LU2552382215.SGD":"WELLINGTON US BRAND POWER \"A\" (SGDHDG) ACC","LU1564329461.SGD":"Blackrock Dynamic High Income A6 SGD-H","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LU0096362180.USD":"CT (LUX) I GLOBAL FOCUS \"DU\" (USD)","NVDU":"2倍做多NVDA ETF-Direxion","LU2552382058.USD":"WELLINGTON US BRAND POWER \"A\" (USD) ACC","LU0894485498.HKD":"SCHRODER ISF GLOBAL MULTI-ASSET INCOME \"A\" (HKD) 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","NVDW":"NVDA周配息ETF-Roundhill","BK4554":"元宇宙及AR概念","LU2552382132.HKD":"WELLINGTON US BRAND POWER \"A\" (HKD) ACC","LU0823421416.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) INC","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"AG\" (USD) ACC","NVDX":"2倍做多NVDA ETF-T-Rex","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","BK4553":"喜马拉雅资本持仓","LU0096364046.USD":"CT (LUX) I AMERICAN \"DU\" (USD) ACC","LU2458330169.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A\" (SGD) ACC","NVDY":"NVDA期权收益策略ETF-YieldMax","LU0861579265.USD":"联博低波幅策略股票基金A","BK4585":"ETF&股票定投概念","LU1935042215.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (USD) INC A","LU2720916845.USD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (USD) ACC","NVII":"Rex NVDA Growth & Income ETF","LU2458330243.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A-H1\" (SGDHDG) ACC","LU0210536198.USD":"JPM US GROWTH \"A\" ACC","LU0823434583.USD":"BNP PARIBAS US GROWTH \"C\" (USD) ACC","IE00BYQQ9H92.USD":"BNY MELLON GLOBAL LEADERS \"A\" (USD) ACC","LU1564329032.USD":"BGF DYNAMIC HIGH INCOME \"A2\" (USD) ACC","LU0823434740.USD":"BNP PARIBAS US GROWTH \"C\" (USD) INC","LU0354030511.USD":"ALLSPRING U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","BK4587":"ChatGPT概念","LU2896262040.SGD":"JPM US GROWTH FUND \"A\" (SGD) ACC","ORCS":"1倍做空ORCL ETF-Direxion","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","LU1732800096.USD":"摩根大通环球收益基金A (irc)","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","IE00BYV24P56.USD":"GUINNESS EMERGING MARKETS EQUITY INCOME \"C\" (USD) ACC","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","ORCU":"2倍做多ORCL ETF-Direxion","BK4559":"巴菲特持仓","LU0545562505.USD":"NINETY ONE GSF GLOBAL QUALITY DIVIDEND GROWTH \"A\" (USD) INC","LU2487616109.SGD":"JPM AMERICA EQUITY \"A\" (SGD) ACC","ORCX":"2倍做多ORCL ETF-Defiance","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4550":"红杉资本持仓","BK4588":"碎股","LU1582986359.USD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (USDHDG) ACC","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","IE00BMCWC346.EUR":"GUINNESS EMERGING MARKETS EQUITY INCOME \"C\" (EUR) ACC","LU0210528500.USD":"JPM AMERICA EQUITY \"A\" ACC","IE00BVYPNV92.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) 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","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","LU0787776722.HKD":"AB SELECT US EQUITY PORTFOLIO \"A\" (HKD) ACC","LU1506573853.SGD":"MANULIFE GF GLOBAL EQUITY \"AA\" (SGD) INC","LU0912757837.SGD":"JPMorgan Investment Funds - Global Income A (mth) SGD-H","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1670627923.USD":"M&G (LUX) NORTH AMERICAN DIVIDEND \"A\" (USD) ACC","IE00B4YYXB79.USD":"PIMCO BALANCED INCOME AND GROWTH \"E\" (USD) ACC","BK4551":"寇图资本持仓","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","LU0069063385.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (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":{"GOU":0.6,"MSFY":0.6,"GOOP":0.6,"AMZD":0.6,"AVL":0.6,"NVDU":0.6,"USAW.SI":0.6,"AMZN":1.97,"NVD2.UK":0.6,"NVII":0.6,"AVGG":0.6,"NVDS":0.6,"NVD3.UK":0.6,"NVD":0.6,"USJW.SI":0.6,"GOOX":0.6,"ORCS":0.6,"NVDD":0.6,"MSFX":0.6,"AVGW":0.6,"AVS":0.6,"DIPS":0.6,"NVDY":0.6,"NVDS.UK":0.6,"AZYY":0.6,"AVGU":0.6,"MSFO":0.6,"ORCX":0.6,"GOOY":0.6,"3NVD.UK":0.6,"AMZY":0.6,"GGLS":0.6,"AMZW":0.6,"NVDQ":0.6,"NVDX":0.6,"ORCU":0.6,"AMZU":0.6,"MSFD":0.6,"GOOW":0.6,"NVDW":0.6,"AVGX":0.6,"MSFL":0.6,"MSFW":0.6,"GGLL":0.6,"AMZZ":0.6,"NVDG":0.6,"NVIW.SI":0.6,"2NVD.UK":0.6,"SNVD.UK":0.6}},"isVote":1,"tweetType":1,"viewCount":773,"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,"authorIdStr":"4219025852952782","idStr":"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":"sg","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 "Sell America" -- 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 "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.</p><p>"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."</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'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>"It's not selling America -- it's hedge America," 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's run-up over the past decade led many investors to conclude it wasn't worth the cost of hedging.</p><p>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.</p><p>"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."</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'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'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.</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 "Sell America" fears in January after announcing it would unload $100 million in U.S. Treasurys.</p><p>"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."</p><p>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.</p><p>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.</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>"We were reminded, hey, we own a lot of U.S. assets," 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'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's currency -- selling yuan and buying dollars -- a trend he expects to continue.</p><h2 id=\"id_3518497052\">Stocks keep rallying</h2><p>Foreigners' 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.</p><p>"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."</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>"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."</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'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>"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.</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 "Sell America" -- 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 "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.</p><p>"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."</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'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>"It's not selling America -- it's hedge America," 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's run-up over the past decade led many investors to conclude it wasn't worth the cost of hedging.</p><p>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.</p><p>"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."</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'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'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.</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 "Sell America" fears in January after announcing it would unload $100 million in U.S. Treasurys.</p><p>"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."</p><p>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.</p><p>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.</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>"We were reminded, hey, we own a lot of U.S. assets," 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'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's currency -- selling yuan and buying dollars -- a trend he expects to continue.</p><h2 id=\"id_3518497052\">Stocks keep rallying</h2><p>Foreigners' 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.</p><p>"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."</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>"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."</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'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>"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.</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":{"YMmain":2,"NQmain":2,"ESmain":2}},"isVote":1,"tweetType":1,"viewCount":657,"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,"authorIdStr":"4219025852952782","idStr":"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":{"IE00BVYPNQ40.USD":"GUINNESS ASIAN EQUITY INCOME \"C\" (USD) ACC","AVGG":"2倍做多AVGO ETF-Leverage Shares","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","LU2065169927.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) ACC","LU0823414551.USD":"BNP PARIBAS ENERGY TRANSITION \"C\" (USD) INC","IE00BVYPNP33.GBP":"GUINNESS ASIAN EQUITY INCOME \"C\" (GBP) ACC","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","LU1670711040.USD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (USD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","AVGU":"2倍做多AVGO ETF-GraniteShares","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU1633808545.USD":"ALLIANZ GLOBAL EQUITY GROWTH \"AT\" (USD) ACC","BK4529":"IDC概念","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","IE00BVYPNW00.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) ACC","AVGW":"Roundhill AVGO WeeklyPay ETF","LU0203202063.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A2X\" (USD) ACC","IE000W1ABFV2.USD":"PIMCO BALANCED INCOME AND GROWTH \"R\" (USD) INC","BK4528":"SaaS概念","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","MSFD":"1倍做空MSFT ETF-Direxion","AVGX":"2倍做多AVGO ETF-Defiance","LU0823417737.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) INC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU1732799900.SGD":"JPMorgan Investment Funds - Global Income A (irc) SGD-H","LU0203201768.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"AX\" (USD) INC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","MSFL":"2倍做多MSFT ETF-GraniteShares","MSFO":"MSFT期权收益策略ETF-YieldMax","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) INC (M)","LU1699723380.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"AP\" (USD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","AVL":"2倍做多AVGO ETF-Direxion","LU0823411888.USD":"法巴消费创新基金 Cap","MSFW":"Roundhill MSFT WeeklyPay ETF","BK4525":"远程办公概念","SNVD.UK":"LS -1X NVIDIA","LU2452424414.USD":"BGF ESG MULTI-ASSET \"A10\" (USDHDG) INC","MSFX":"2倍做多MSFT ETF-T-Rex","SG9999014542.SGD":"United Income Focus Trust Acc SGD","BK4524":"宅经济概念","BK4220":"综合零售","MSFY":"Kurv Yield Premium Strategy Microsoft (MSFT) ETF","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD) INC","IE00BQXX3D17.EUR":"GUINNESS GLOBAL INNOVATORS \"C\" (EUR) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","BK4527":"明星科技股","LU0162691827.USD":"BGF US BASIC VALUE \"A4\" INC","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU2433249047.HKD":"THEMATICS META \"R/A\" (HKD) ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","IE00B19Z9P08.USD":"LEGG MASON CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (USD) INC","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","SG9999001440.SGD":"United Global Dividend Equity Fund A SGD Dist","LU2244417387.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) ACC","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU1037948897.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (HKD) INC","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU2298321311.HKD":"BGF CIRCULAR ECONOMY \"A\" (HKDHDG) ACC","LU2764262908.HKD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (HKD) ACC","LU1934455277.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"AD\" (USD) INC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU1037948541.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (HKD) ACC","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","HK0000306701.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) INC","LU1934455194.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (USD) ACC","IE00BDRTCR15.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC A","IE00BDGV0183.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) INC","AVS":"1倍做空AVGO ETF-Direxion","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","GB00B4QBRK32.GBP":"FUNDSMITH EQUITY \"R\" (GBP) INC","LU0823414478.USD":"法巴经典能源转换基金","BK4532":"文艺复兴科技持仓","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","SG9999001424.SGD":"United E-Commerce Fund SGD","GB00B4LPDJ14.GBP":"FUNDSMITH EQUITY \"R\" (GBP) ACC","LU0323240290.USD":"HSBC GIF GLOBAL EQUITY CLIMATE CHANGE \"AD\" INC","LU1236620750.USD":"HSBC GIF GLOBAL SUSTAINABLE LONG TERM DIVIDEND \"AM2\" (USD) INC","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","BK4534":"瑞士信贷持仓","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU1236620834.HKD":"HSBC GIF GLOBAL SUSTAINABLE LONG TERM DIVIDEND \"AM2\" (HKD) INC","IE0034235295.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","LU1035773651.USD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (USD) INC","LU2111349929.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (HKD) INC","IE00BGHQDM52.EUR":"GUINNESS ASIAN EQUITY INCOME \"C\" (EUR) ACC","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","BK4535":"淡马锡持仓","IE00BZ9MQY76.HKD":"FTGF CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (HKD) ACC","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","BK4538":"云计算","LU0210533765.USD":"JPM GLOBAL GROWTH \"A\" (USD) ACC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","IE00BGHQF631.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","IE00B3PB1722.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) INC","LU0094547139.USD":"abrdn SICAV I - GLOBAL SUSTAINABLE EQUITY FUND \"A\" (USD) ACC","LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","IE00B42XCP33.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) INC","LU0726765562.USD":"JPM GLOBAL INCOME \"A\" (USD HEDGED) INC","BK4097":"系统软件","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU2347655073.USD":"JPM GLOBAL INCOME \"A\" (USDHDG) INC A","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU2097344431.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) INC","LU2404859741.USD":"FUNDSMITH EQUITY FUND \"R\" (USD) INC","LU0130518102.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"R\" INC","LU2404859667.USD":"FUNDSMITH EQUITY FUND \"R\" (USD) ACC","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","LU0070217475.USD":"JPM GLOBAL SELECT EQUITY \"A\" ACC","LU2097344357.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU2764263039.SGD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (SGDHDG) ACC","LU0690374961.EUR":"FUNDSMITH EQUITY \"R\" (EUR) INC","LU1069344957.HKD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (HKD) INC","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU0690374615.EUR":"FUNDSMITH EQUITY \"R\" (EUR) ACC","LU0211326839.USD":"TEMPLETON GLOBAL INCOME \"A\" (USD) INC","LU2764263203.CNY":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (CNYHDG) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU2360108059.USD":"BGF CIRCULAR ECONOMY \"A4\" (USD) INC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","LU0683600562.USD":"AB SELECT US EQUITY \"A\" (USD) ACC","AZYY":"GraniteShares YieldBOOST AMZN ETF","LU1267930573.SGD":"TEMPLETON GLOBAL \"AA\" (SGD) ACC A","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU2087625088.SGD":"ALLSPRING US ALL CAP GROWTH \"A\" (SGDHDG) ACC","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","BK4507":"流媒体概念","LU2317271919.USD":"BGF FUTURE CONSUMER \"A2\" (USD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY \"A\" (USD) ACC","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU1803068623.USD":"TEMPLETON GLOBAL CLIMATE CHANGE \"AH1\" (USDHDG) ACC","LU0757359368.USD":"SCHRODER ISF GLOBAL MULTI-ASSET INCOME \"A\" (USD) ACC","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","SG9999014906.USD":"大华全球优质成长基金Acc USD","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC","LU1935043023.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (USD) INC A","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","IE00B4JS1V06.HKD":"JANUS HENDERSON BALANCED \"A2\" (HKD) ACC","IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","LU2271345857.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (HKD) ACC","BK4503":"景林资产持仓","LU1582986433.USD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (USDHDG) INC","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","LU1489326972.SGD":"First Eagle Amundi International AHS-MD SGD-H","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","BK4504":"桥水持仓","LU1430594728.SGD":"Eastspring Investments - Global Low Volatility Equity AS SGD","LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","LU0757359954.USD":"SCHRODER ISF GLOBAL MULTI-ASSET INCOME \"A\" (USD) INC MF","SG9999015341.SGD":"United Income Focus Trust Acc SGD-H","USAW.SI":"AMZN 3xLongSG261006","LU2083900584.USD":"HSBC GIF US INCOME FOCUSED \"AM2\" (USD) INC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU0738911758.USD":"Blackrock Global Equity Income A6 USD","LU1934455863.HKD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (HKD) ACC","LU0472753341.HKD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (HKD) ACC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","LU0949170426.SGD":"Blackrock Global Multi-Asset Income A6 SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","LU0976567544.SGD":"FTIF - Templeton Global Income A Mdis SGD-H1","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","LU1221951046.USD":"NORDEA 1 STABLE RETURN \"HM\" (USDHDG) INC","SGXZ31699556.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"C\" (SGDHDG) ACC","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU0784384876.USD":"Blackrock Global Multi-Asset Income A6 USD","LU2272731865.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AM\" (HKD) INC","LU1221951129.SGD":"NORDEA 1 STABLE RETURN \"HM\" (SGDHDG) INC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","AMZD":"1倍做空AMZN ETF-Direxion","USJW.SI":"ALPHAB 3xLongSG261006","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU1670628061.USD":"M&G (LUX) NORTH AMERICAN DIVIDEND \"A\" (USD) INC","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU0496365809.HKD":"TEMPLETON GLOBAL INCOME \"A\" (HKD) INC (Q)","LU1366333091.USD":"FIDELITY GLOBAL FOCUS \"A\" (USD) ACC","LU2355687059.USD":"NORDEA 1 GLOBAL IMPACT \"BP\" (USD) ACC","LU1670710588.SGD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (SGD) ACC","LU0203345920.USD":"SCHRODER ISF QEP GLB ACT. VL \"A\" (USD) ACC","LU1670710661.SGD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (SGD) INC","LU1196500208.SGD":"NORDEA STABLE RETURN \"HB\" (SGDHDG) ACC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU0889566641.SGD":"FTSF - Templeton Shariah Global Equity A Acc SGD","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","AMZU":"2倍做多AMZN ETF-Direxion","LU1059921491.USD":"NORDEA 1 GLOBAL STABLE EQUITY \"HB\" (USDHDG) ACC","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU1670711123.USD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (USD) INC","LU0985320562.USD":"NORDEA 1 GLOBAL STARS EQUITY \"BP\" (USD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","AMZW":"Roundhill AMZN WeeklyPay™ ETF","LU2063271972.USD":"富兰克林创新领域基金","LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","LU0661504455.SGD":"Blackrock Global Equity Income A5 SGD-H","LU0342679015.USD":"ALLIANZ GLOBAL EQUITY UNCONSTRAINED \"AT\" (USD) ACC","AMZY":"AMZN期权收益策略ETF-YieldMax","LU1582987324.SGD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (SGDHDG) ACC","LU0215105999.USD":"SCHRODER ISF GLOBAL EQUITY \"A\" ACC","LU0545039389.USD":"BGF GLOBAL EQUITY INCOME \"A2\" ACC","AMZZ":"2倍做多AMZN ETF-GraniteShares","LU1582987597.SGD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (SGDHDG) 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","LU0048584097.USD":"FIDELITY FUNDS GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) INC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","BK4512":"苹果概念","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","LU1032955483.USD":"NORDEA 1 STABLE RETURN \"HB\" (USDHDG) ACC","BK4514":"搜索引擎","LU0985489474.SGD":"First Eagle Amundi International AHS-C SGD-H","LU0302445910.USD":"SCHRODER ISF GLOBAL CLIMATE CHANGE EQUITY \"A\" ACC","LU0878866978.SGD":"First Eagle Amundi International AHS-QD SGD-H","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU2191332357.HKD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (HKDHDG) INC","BK4516":"特朗普概念","LU1642822529.SGD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"A\" (SGD) ACC","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","LU1585245621.USD":"EASTSPRING INV GLOBAL LOW VOLATILITY EQUITY FUND \"A\" (USD) ACC B","BK4592":"伊斯兰概念","BK4515":"5G概念","SGXZ81514606.USD":"大华环球创新基金A Acc USD","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0433182093.SGD":"First Eagle Amundi International AS-C SGD","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","3NVD.UK":"LS 3X NVIDIA","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC","LU2065171311.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) ACC","LU2065171402.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) INC","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","LU2237957902.USD":"NIKKO AM GLOBAL EQUITY \"F\" (USD) ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0353189763.USD":"ALLSPRING US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU2543165471.USD":"E FUND (HK) GLOBAL QUALITY GROWTH \"A\" (USD) ACC","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","LU2237957811.SGD":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1 Acc SGD-H","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","LU1992135399.USD":"Allianz Global Intelligent Cities AT Acc USD","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","NVD2.UK":"2X NVIDIA ETP","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4077":"互动媒体与服务","LU1917777945.USD":"安联专题基金Cl AT Acc","AMZN":"亚马逊","LU2413666699.HKD":"BNP PARIBAS GLOBAL ENVIRONMENT \"CRH\" (HKDHDG) INC","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","LU2247934214.USD":"FIDELITY FUNDS SUSTAINABLE FUTURE CONNECTIVITY \"A\" (USD) ACC","IE0003U64NQ7.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) ACC","NVD3.UK":"LS 3X NVIDIA","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU0109392836.USD":"富兰克林科技股A","IE000KEQY171.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) INC","LU0187121727.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) INC","NVDS.UK":"LS -1X NVIDIA","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","HK0000914686.HKD":"GFI Global Select Equity Fund Class A (HKD)","LU1188199696.SGD":"Schroder ISF Global Multi-Asset Income A Dis SGD","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","HK0000914660.USD":"GFI Global Select Equity Fund Class A (USD)","LU0211326755.USD":"TEMPLETON GLOBAL INCOME \"A\" (USD) ACC","IE00BZ199S13.USD":"BNY MELLON MOBILITY INNOVATION \"B\" (USD) ACC","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","BK4596":"哈里斯概念","LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","LU0444971666.USD":"天利全球科技基金","DIPS":"做空NVDA期权收益策略ETF-YieldMax","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","LU2275660780.HKD":"SCHRODER ISF GLOBAL CLIMATE CHANGE EQUITY \"A\" (HKD) ACC","LU1323610961.USD":"UBS (LUX) EQUITY SICAV - LONG TERM THEMES (USD) \"P\" (USD) ACC","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","BK4598":"佩洛西持仓","2NVD.UK":"2X NVIDIA ETP","LU0960925559.SGD":"Schroder ISF Global Multi-Asset Income A Acc SGD","LU2168564495.EUR":"AZ ALLOCATION - TREND \"AI\" (EUR) ACC","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU0879622024.SGD":"Schroder ISF Global Multi-Asset Income A Dis SGD-H","LU0689626769.HKD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (HKD) ACC","LU2168564222.USD":"AZ ALLOCATION - TREND \"AAZ\" (USDHDG) ACC","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","LU2168564065.EUR":"AZ ALLOCATION - TREND \"AAZ\" (EUR) ACC","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","SGXZ51526630.SGD":"大华环球创新基金A Acc SGD","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU0106261372.USD":"SCHRODER ISF US LARGE CAP \"A\" ACC","LU2168563687.JPY":"AZ ALLOCATION - TREND \"AAZ\" (JPYHDG) ACC","LU1935042991.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (SGDHDG) INC","LU1935042488.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (USD) INC","LU2168564149.EUR":"AZ ALLOCATION - TREND \"BAZ\" (EUR) ACC","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU0251132253.USD":"FIDELITY FUNDS GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) ACC","BK4602":"量子计算概念","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0251131958.USD":"FIDELITY AMERICA \"A\" (USD) ACC","LU0251142724.SGD":"Fidelity America A-SGD","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU1069347547.HKD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (HKD) INC","LU0950375773.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) INC A","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0476273544.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"BU\" (USD) ACC","LU0158827781.USD":" ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (USD) ACC","BK4605":"半导体精选","LU2506951792.HKD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (HKDHDG) ACC","LU1923622614.USD":"Natixis Thematics Meta R/A USD","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU0553294199.USD":"BGF GLOBAL EQUITY INCOME \"A5G\" (USD) INC","BK4608":"AI应用概念股","LU2242650005.HKD":"FIDELITY FUNDS GLOBAL MULTI ASSET DYNAMIC \"A\" (HKD) ACC","LU2413666426.HKD":"BNP PARIBAS GLOBAL ENVIRONMENT \"C\" (HKD) ACC","LU1721428933.USD":"法巴全球经典环境基金RH MD Dis","LU0057025933.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (USD) ACC","LU0882574139.USD":"富达环球消费行业基金A ACC","LU2125909759.SGD":"Natixis Thematics Safety H-R/A SGD","BK4604":"机器人概念","LU2125909916.SGD":"Natixis Thematics Safety R/A SGD","LU1228905037.USD":"NINETY ONE GSF GLOBAL QUALITY DIVIDEND GROWTH \"A\" (USD) ACC","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","SG9999015978.USD":"利安颠覆性创新基金A","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU0871640123.AUD":"BGF GLOBAL MULTI-ASSET INC \"A8\" (AUD HDG) INC","LU0784385170.HKD":"BGF GLOBAL MULTI ASSET INCOME \"A6\" (HKDHGD) INC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0323239441.USD":"HSBC GIF GLOBAL EQUITY CLIMATE CHANGE \"AC\" ACC","LU1923622291.USD":"Natixis Thematics Safety R/A USD","LU0072461881.USD":"BGF US BASIC VALUE \"A2\" ACC","LU0784385840.USD":"Blackrock Global Multi-Asset Income A2 USD","LU1228905540.USD":"NINETY ONE GSF GLOBAL QUALITY DIVIDEND GROWTH \"A\" (USD) INC 2","BK4576":"AR","LU1861127337.USD":"ALLIANZ GLOBAL MULTI ASSET SUSTAINABILITY BALANCED \"AMG\" (USD) INC","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","LU1989773731.SGD":"CPR Invest - Education A2 Acc SGD-H","LU2506951875.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) ACC","BK4575":"芯片概念","LU2506952097.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU1935043536.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (SGDHDG) INC A","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU2506951958.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) INC","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","LU0784383803.USD":"BGF GLOBAL MULTI-ASSET INCOME FUND \"A\" (USD) INC A","LU0345768153.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) ACC","BK4612":"AI芯片","BK4577":"网络游戏","LU1894683348.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) INC","LU2237443895.HKD":"abrdn SICAV I - GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) ACC","LU0557290698.USD":"施罗德环球可持续增长基金","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","LU0265550359.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A2\" (USD) ACC","LU1815336760.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"AUP\" (USD) INC","BK4579":"人工智能","BK4614":"Manus概念股","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","LU2506952170.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) INC","SG9999014575.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USDHDG) INC","LU1121112475.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USDHDG) ACC","SG9999000418.SGD":"Aberdeen Standard Global Technology SGD","LU2092937221.SGD":"Blackrock Circular Economy A2 SGD-H","LU1116320737.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (USD) INC","LU1119994496.HKD":"FIDELITY WORLD \"A\" (HKD) ACC","LU1883839398.USD":"AMUNDI FUNDS INCOME OPPORTUNITIES \"A2\" (USD) ACC","BK4574":"无人驾驶","LU1791710582.SGD":"Fidelity Global Demographics A-ACC-SGD (SGD/USD hedged)","LU1791710400.SGD":"Fidelity Global Demographics A-ACC-SGD","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","LU1235295455.SGD":"Fidelity Global Multi Asset Growth & Income A-ACC-SGD","LU0256863902.USD":"ALLIANZ US EQUITY \"AT\" (USD) ACC","BK4573":"虚拟现实","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","LU2054465674.USD":"UBS (LUX) KEY SELEC SICAV DIGITAL TRANSFORMATION T \"P\" (USD) ACC","LU0056508442.USD":"贝莱德世界科技基金A2","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","BK4581":"高盛持仓","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU1032466523.USD":"高盛全球多资产收益组合Acc","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","LU1043141396.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) ACC","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","LU1261432733.SGD":"Fidelity World A-ACC-SGD","LU1116320901.HKD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (HKD) INC","BK4141":"半导体产品","LU1043141123.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) INC 2","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU2092937148.SGD":"Blackrock ESG Multi-Asset A8 SGD-H","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","SG9999014559.SGD":"United Income Focus Trust Dis SGD","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","LU2092627202.USD":"Blackrock ESG Multi-Asset A8 USD-H","LU1894683264.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) ACC","LU2077746001.SGD":"Blackrock ESG Multi-Asset A2 SGD-H","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","LU2097829019.USD":"AZ EQUITY - BORLETTI GLOBAL LIFESTYLE \"AI\" (USD) ACC","LU0994945656.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC 2","LU2237443465.HKD":"abrdn SICAV I - GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) INC","LU1153585028.USD":"BGF GLOBAL LONG-HORIZON EQUITY \"A4\" (USD) INC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","SG9999014567.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USD) ACC","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","LU1564329628.SGD":"Blackrock Dynamic High Income A2 SGD-H","LU0724617625.USD":"BGF GLOBAL ALLOCATION \"A4\" (USD) INC","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU2148611432.USD":"AZ ALLOCATION BALANCED BRAVE \"AAZ\" (USDHDG) ACC","LU0788109477.HKD":"BGF GLOBAL ALLOCATION \"A2\" (HKDHGD) ACC","LU1301847155.USD":"BGF GLOBAL MULTI-ASSET INCOME FUND \"A4G\" (USD) INC","LU1989763005.USD":"东方汇理教育基金A2 Acc","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU2357125470.USD":"BNP PARIBAS ENERGY TRANSITION \"CLASSIC RH\" (USDHDG) ACC","SG9999015358.SGD":"United Income Focus Trust Dis SGD-H","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","LU2294711713.HKD":"BNP PARIBAS ENERGY TRANSITION \"C\" (HKD) ACC","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","LU1235294995.USD":"FIDELITY GLOBAL TECHNOLOGY \"A\" (USDHDG) ACC","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","BK4023":"应用软件","LU2133065610.SGD":"JPMorgan Investment Funds - Global Dividend A (mth) SGD","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU1303367103.USD":"摩根大通多经理另类基金 A (acc)","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","LU0080751232.USD":"富达环球多元动力基金A","LU2381873111.SGD":"BGF SYSTEMATIC GLOBAL EQUITY HIGH INCOME \"A6\" (SGDHDG) INC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU2098885051.SGD":"JPMorgan Funds - Multi-Manager Alternatives A (acc) SGD","SG9999011175.SGD":"Nikko AM Global Dividend Equity Dis SGD-H","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","LU1880398554.USD":"AMUNDI FUNDS GLOBAL EQUITY \"A2\" (USD) INC","LU0477156797.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"RE\" (USD) ACC","IE000M9KFDE8.USD":"NEUBERGER BERMAN US LARGE CAP VALUE \"A\" (USD) ACC","IE00BMPRXQ63.HKD":"NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND \"A\" (HKDHDG) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","SG9999001077.SGD":"United International Growth Fund SGD","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","LU1868837300.USD":"CT (LUX) I AMERICAN FUND \"9\" (USD) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU0061474960.USD":"天利环球焦点基金AU Acc","LU1868836914.USD":"CT (LUX) I AMERICAN \"3\" (USD) ACC","LU0965509283.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (SGDHDG) INC","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0494093205.USD":"贝莱德ESG灵活多元资产A2 USD-H","LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","LU2041044095.USD":"Blackrock Circular Economy A2 USD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","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","IE00BFXG0V08.USD":"BNY MELLON GLOBAL LEADERS \"B\" (USD) ACC","LU1868837136.USD":"CT (LUX) I AMERICAN \"8\" (USD) ACC","IE00BHPRN162.USD":"BNY MELLON BLOCKCHAIN INNOVATION \"B\" (USD) ACC","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0426412945.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","LU0095938881.EUR":"JPMorgan Investment Funds - Global Macro Opportunities A (acc) EUR","LU1868836591.USD":"CT (LUX) I AMERICAN \"1U\"(USD) ACC","LU2279689827.SGD":"JPMorgan Investment Funds - Global Income Sustainable A (mth) SGD-H","LU1868836757.USD":"CT (LUX) I AMERICAN FUND \"2\" (USD) ACC","LU2347655156.SGD":"JPMorgan Investment Funds - Global Income A (icdiv) SGD-H","LU1340139317.AUD":"JPMorgan Investment Funds - Global Macro Opportunities A (acc) AUD-H","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","IE00BN8TJ469.HKD":"FTGF CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A\" (HKD) INC","NVIW.SI":"NVDA 3xLongSG261006","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","GOOP":"KURV YIELD PREMIUM STRATEGY GOOGLE (GOOGL) ETF","SG9999003800.SGD":"Nikko AM Global Dividend Equity Acc SGD-H","LU1334329650.SGD":"JPMorgan Investment Funds - Global Macro Opportunities A (acc) SGD-H","BK4567":"ESG概念","LU2746668461.USD":"MANULIFE DYNAMIC LEADERS \"AA\" (USD) ACC","GOOW":"Roundhill GOOGL WeeklyPay ETF","LU2430703095.HKD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (HKD) INC","LU2430703178.SGD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (SGDHDG) INC","GOOX":"2倍做多GOOG ETF-T-REX","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","BK4566":"资本集团","IE00B5949003.HKD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A\" (HKD) ACC","LU0345768740.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) INC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0314106906.USD":"MANULIFE GF GLOBAL EQUITY \"AA\" (USD) INC","LU2089985449.USD":"MANULIFE GF GLOBAL SEMICONDUCTOR OPPORTUNITIES \"AA\" (USD) ACC","GOOY":"GOOGL期权收益策略ETF-YieldMax","LU0795875169.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD-H","LU2430703251.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (USD) INC","LU1983260115.SGD":"Janus Henderson Horizon Global Sustainable Equity A2 SGD-H","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU1035775433.USD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (USD) INC","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU2931357623.SGD":"MANULIFE GF GLOBAL SEMICONDUCTOR OPPORTUNITIES \"AA\" (SGDHDG) ACC","GOU":"GraniteShares 2x Long GOOGL Daily ETF","LU2746668974.SGD":"MANULIFE DYNAMIC LEADERS \"AA\" (SGDHDG) ACC","LU2272731782.SGD":"Allianz Global Intelligent Cities AM Dis H2-SGD","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","SG9999002232.USD":"Allianz Global High Payout USD","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","LU2272731600.USD":"Allianz Global Intelligent Cities AM Dis USD","LU1003077747.HKD":"BGF GLOBAL EQUITY INCOME \"A6\" (HKDHDG) INC","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU0265550946.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A5\" (USD) INC","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","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","LU0079474960.USD":"联博美国增长基金A","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","LU2242649171.HKD":"FIDELITY FUNDS GLOBAL THEMATIC OPPORTUNITIES \"A\" (HKD) ACC","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","LU2361044949.HKD":"WELLINGTON US QUALITY GROWTH \"A\" (HKD) ACC","LU1127390331.HKD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A\" (HKD) ACC","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","IE00B3SWFQ91.USD":"PIMCO BALANCED INCOME AND GROWTH \"E\" (USD) INC","BK4561":"索罗斯持仓","LU2361044865.SGD":"WELLINGTON US QUALITY GROWTH \"A\" (SGDHDG) ACC","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU0107464264.USD":"abrdn SICAV I - GLOBAL INNOVATION EQUITY \"A\" (USD) ACC","LU0345774391.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) ACC","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU2361045086.USD":"WELLINGTON US QUALITY GROWTH \"A\" (USD) ACC","LU1046421795.USD":"富达环球科技A-ACC","LU1880398471.USD":"AMUNDI FUNDS GLOBAL EQUITY \"A2\" (USD) ACC","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","IE00BYXW3230.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"AA\" (USD) ACC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","IE00B775H168.HKD":"JANUS HENDERSON BALANCED \"A5M\" (HKD) INC","IE00BN29S564.USD":"JANUS HENDERSON BALANCED \"A3\" (USD) INC","GGLL":"2倍做多GOOGL-Direxion","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","BK4122":"互联网与直销零售","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","GGLS":"1倍做空GOOGL ETF-Direxion","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU2211814178.USD":"ALLIANZ CLEAN PLANET \"AT\" (USD) ACC","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","LU0124676726.USD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (USD) ACC","LU2211817866.USD":"Allianz Food Security AT Acc USD","LU0965508806.USD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (USD) INC","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU2362541513.USD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0528227936.USD":"富达环球人口趋势基金A-ACC","LU2491049909.HKD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (HKD) ACC","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","LU2028103732.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AMG\" (USD) INC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU2491050071.SGD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (SGDHDG) ACC","LU2322448791.USD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMG\" (USD) INC","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU0238689110.USD":"贝莱德环球动力股票基金","LU0171293334.USD":"贝莱德英国基金A2","LU0345774631.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) INC","LU2322448957.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMG\" (HKD) INC","LU0072462426.USD":"贝莱德全球配置 A2","LU2491050154.USD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (USD) ACC","LU0823417653.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) ACC","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU2461242641.AUD":"WELLINGTON US QUALITY GROWTH \"A\" (AUDHDG) ACC","IE0009G5SDU7.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) INC","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4543":"AI","LU2860962120.EUR":"CPR INVEST - ARTIFICIAL INTELLIGENCE \"A2\" (EUR) ACC A","NVD":"2倍做空NVDA ETF-GraniteShares","IE000ITXATA3.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) ACC","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","LU2089284900.SGD":"Allianz Global Sustainability Cl AM Dis H2-SGD","LU1697837992.HKD":"BGF DYNAMIC HIGH INCOME \"A6\" (HKDHDG) INC","LU0203347892.USD":"SCHRODER ISF QEP GLOBAL ACTIVE VALLUE \"A\" (USD) INC AV","LU2592432038.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"A\" (USD) ACC","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","IE000YTNTUN2.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG)INC","NVDD":"1倍做空NVDA ETF-Direxion","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","IE00BDCRKT87.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC","LU0444973449.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"DU\" (USD) ACC","LU0274383776.USD":"MANULIFE GF US SMALL CAP EQUITY \"AA\" (USD) INC","NVDG":"2倍做多NVDA ETF- Leverage Shares","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU2473716301.USD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMF\" (USD) INC","LU2463028550.USD":"AB SICAV I AMERICAN MULTI-ASSET PORTFOLIO \"A\" (USD) ACC","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","BK4549":"软银资本持仓","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2505996509.AUD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (AUDHDG) INC","LU1564329115.USD":"Blackrock Dynamic High Income A6 USD","BK4548":"巴美列捷福持仓","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","NVDQ":"2倍做空NVDA ETF-T-Rex","LU0894486033.HKD":"SCHRODER ISF GLOBAL MULTI-ASSET INCOME \"A\" (HKD) INC MF","NVDS":"1.5倍做空NVDA ETF-Tradr","LU2552382215.SGD":"WELLINGTON US BRAND POWER \"A\" (SGDHDG) ACC","LU1564329461.SGD":"Blackrock Dynamic High Income A6 SGD-H","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LU0096362180.USD":"CT (LUX) I GLOBAL FOCUS \"DU\" (USD)","NVDU":"2倍做多NVDA ETF-Direxion","LU2552382058.USD":"WELLINGTON US BRAND POWER \"A\" (USD) ACC","LU0894485498.HKD":"SCHRODER ISF GLOBAL MULTI-ASSET INCOME \"A\" (HKD) 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","NVDW":"NVDA周配息ETF-Roundhill","BK4554":"元宇宙及AR概念","LU2552382132.HKD":"WELLINGTON US BRAND POWER \"A\" (HKD) ACC","LU0823421416.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) INC","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"AG\" (USD) ACC","NVDX":"2倍做多NVDA ETF-T-Rex","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","BK4553":"喜马拉雅资本持仓","LU0096364046.USD":"CT (LUX) I AMERICAN \"DU\" (USD) ACC","LU2458330169.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A\" (SGD) ACC","NVDY":"NVDA期权收益策略ETF-YieldMax","LU0861579265.USD":"联博低波幅策略股票基金A","BK4585":"ETF&股票定投概念","LU1935042215.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (USD) INC A","LU2720916845.USD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (USD) ACC","NVII":"Rex NVDA Growth & Income ETF","LU2458330243.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A-H1\" (SGDHDG) ACC","LU0210536198.USD":"JPM US GROWTH \"A\" ACC","LU0823434583.USD":"BNP PARIBAS US GROWTH \"C\" (USD) ACC","IE00BYQQ9H92.USD":"BNY MELLON GLOBAL LEADERS \"A\" (USD) ACC","LU1564329032.USD":"BGF DYNAMIC HIGH INCOME \"A2\" (USD) ACC","LU0823434740.USD":"BNP PARIBAS US GROWTH \"C\" (USD) INC","LU0354030511.USD":"ALLSPRING U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","BK4587":"ChatGPT概念","LU2896262040.SGD":"JPM US GROWTH FUND \"A\" (SGD) ACC","ORCS":"1倍做空ORCL ETF-Direxion","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","LU1732800096.USD":"摩根大通环球收益基金A (irc)","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","IE00BYV24P56.USD":"GUINNESS EMERGING MARKETS EQUITY INCOME \"C\" (USD) ACC","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","ORCU":"2倍做多ORCL ETF-Direxion","BK4559":"巴菲特持仓","LU0545562505.USD":"NINETY ONE GSF GLOBAL QUALITY DIVIDEND GROWTH \"A\" (USD) INC","LU2487616109.SGD":"JPM AMERICA EQUITY \"A\" (SGD) ACC","ORCX":"2倍做多ORCL ETF-Defiance","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4550":"红杉资本持仓","BK4588":"碎股","LU1582986359.USD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (USDHDG) ACC","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","IE00BMCWC346.EUR":"GUINNESS EMERGING MARKETS EQUITY INCOME \"C\" (EUR) ACC","LU0210528500.USD":"JPM AMERICA EQUITY \"A\" ACC","IE00BVYPNV92.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) 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","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","LU0787776722.HKD":"AB SELECT US EQUITY PORTFOLIO \"A\" (HKD) ACC","LU1506573853.SGD":"MANULIFE GF GLOBAL EQUITY \"AA\" (SGD) INC","LU0912757837.SGD":"JPMorgan Investment Funds - Global Income A (mth) SGD-H","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1670627923.USD":"M&G (LUX) NORTH AMERICAN DIVIDEND \"A\" (USD) ACC","IE00B4YYXB79.USD":"PIMCO BALANCED INCOME AND GROWTH \"E\" (USD) ACC","BK4551":"寇图资本持仓","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","LU0069063385.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (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":{"GOU":0.6,"MSFY":0.6,"GOOP":0.6,"AMZD":0.6,"AVL":0.6,"NVDU":0.6,"USAW.SI":0.6,"AMZN":1.97,"NVD2.UK":0.6,"NVII":0.6,"AVGG":0.6,"NVDS":0.6,"NVD3.UK":0.6,"NVD":0.6,"USJW.SI":0.6,"GOOX":0.6,"ORCS":0.6,"NVDD":0.6,"MSFX":0.6,"AVGW":0.6,"AVS":0.6,"DIPS":0.6,"NVDY":0.6,"NVDS.UK":0.6,"AZYY":0.6,"AVGU":0.6,"MSFO":0.6,"ORCX":0.6,"GOOY":0.6,"3NVD.UK":0.6,"AMZY":0.6,"GGLS":0.6,"AMZW":0.6,"NVDQ":0.6,"NVDX":0.6,"ORCU":0.6,"AMZU":0.6,"MSFD":0.6,"GOOW":0.6,"NVDW":0.6,"AVGX":0.6,"MSFL":0.6,"MSFW":0.6,"GGLL":0.6,"AMZZ":0.6,"NVDG":0.6,"NVIW.SI":0.6,"2NVD.UK":0.6,"SNVD.UK":0.6}},"isVote":1,"tweetType":1,"viewCount":773,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
