King Trump wins — invincible in the world

Everyone is basically waiting for 9 o’clock for “Dōngwáng” to start talking… The basics are as follows~ Translation: As soon as Trump finished speaking, Iranian missiles struck Israel. Summary~ Trump’s speech this morning, the core points are as follows:

Iran is really capable right now,
all because of that TM Obama.
Thanks to us, the size of a slap,
we wiped out all their missile and nuclear weapons.
The ayatollah is terrified,
and the American people burst into laughter.
Then, add another month or so and intensify the bombing,
digging a passage through the Trump Strait. ​​​

     Back to the main point… Today the market broadly dipped, and the number of stocks hitting the daily limit was exactly 20.  

Today it’s still okay… the cards I held yesterday were pretty good. And with this kind of intraday layout, priority goes to convertible bond arbitrage, and it’s also quite nics.
Yesterday my expectations were very clear: in the “light” (I.e., the upward move), you sell high and buy low
(Friends made a killing—yesterday they bought at the lowest point)… Then when they cashed out, they almost cashed out at the lowest point around 10 o’clock and bought a lot of cpo… those ones—WC light source, fiber optics, silicon photonics switchgear.
Most of it moved out today… I’m afraid of a pullback tomorrow, because the U.S. stocks have also been on a two-day winning streak of light…
About energy storage inverters: this was mentioned—mainly Sunlight Power. The main reasons are that raw material prices have risen too much, combined with the appreciation of the RMB and the cancellation of export tax rebates… This led to very poor performance for its 2025 Q4. Last year’s 4th quarter—did lithium carbonate prices skyrocket from 70,000 to nearly 180,000? Although there are many export orders for energy storage inverters this year, whether they can pass these price increases from all those factors on to the counterpart needs to be observed.

 For innovative drugs to rise, there are also specific conditions for them to rise. Last year’s hype for 2 months was because of what… it was BD going overseas…  
     Now, whether it’s military, AI, automobiles, airplanes, high-speed rail, and so on and so forth… actually our development in biopharmaceuticals is moving extremely fast.  
   We have a lot of excellent engineering talent dividends—smart, capable, and hard-working… This is also why in this year’s first quarter, global big BD deals were 70% in China. Overseas pharmaceutical giants have been flocking to China to buy. And in just one quarter, the transaction amount was several times bigger than the whole of last year…  
 You can see how strong our bioscience innovation R&D capabilities are.  

   Innovative drugs have no flaws. Compared with all the new-energy-related various small negative surprises, so lately they’ve been moving more smoothly.  

 There’s a technical point here: Meinonghua’s hitting the daily limit is because of the sell points of the Meinong convertible bond… You can do a counter-attack and go to Xinhang convertible bond. The reason is very simple.  
   Today is at an intraday low, and among the 3-board stocks, only Xinchonggang and the equity star-hui and Huanxing.  

So in the afternoon, will there be funds betting on the possibility that Xinchonggang reaches 4 boards? Another thing is… the main line of green electricity in March has been adjusting consecutively for 3 days. Teachers keep calling for repairs every day, but there hasn’t been a really good repair. Is it that this time the teachers are giving up and not looking anymore? Instead, maybe there will be a repair tomorrow—especially since the index is down, green electricity seems to be going in the opposite direction.
So the idea I give is also: in the morning, look at green electricity for a 2-to-3. That’s good because it’s easy to pick. Then directly arbitrage the Xinhang convertible bond—if it explodes, you leave first, and when it stabilizes, then you enter. In the afternoon, decide whether to hold overnight into tomorrow (if it “explodes” 10 percentage points down, you take it back—stay patient and hold the bigger picture).

   Yesterday’s news was a catalyst—repeatedly, photovoltaic equipment. Laplace opened today at -6. I thought, this isn’t the same as “handing out money.” Why do I say that?  
   There are 2 reasons… Let’s not worry about whether the hundred-billion order is real. Just look at yesterday’s kind of fund follow-through and how it was accepted—it felt like there were some signs. After all, nothing happens without a reason… If Musk develops space solar, he must buy our equipment.  
     Today’s -6 basically wiped out yesterday’s gains… back to the starting line. It’s like saying, if in the morning it went there and even if there was no order confirmation, it still already dipped to a level where it should stabilize. So it was already holding steady. And if there is, then you’d be making a killing.  
     So indeed, the funds have pulled it up—it’s already up more than 10 points.  

And there’s also the most, most, most booming one: light—fiber optics. I’ve said it more than once: fiber optics isn’t only used in AI. It’s used more for the hottest drones right now. What’s the biggest change in the world zz? It’s that drones have become leading. You look at big Mao and two Mao, and Little Yi Yi… other countries aren’t all working hard to develop them? So it leads to fundamentally no supply—capacity hasn’t expanded… Orders come like a snowball rolling down… so once prices rise, they rise further.
Take the best example: Yangtze Optical Fibre. For instance… its profit in 2025 is only 500 million. At that time, the market valued it around 20 billion.
This year, institutions gave it a projection of 10.6 billion profit in 2026—100亿利润. No wonder its market cap is almost 300 billion. From this time last year to today, it’s up more than 10x.
If you want silicon-photonics chips—Shijia Photonics… from last year to now it’s also about 10x, and it’s also because performance was kept from being continuous—many chip companies that used to be memory chips also had (now performance is being realized).
So what you need to find next are things like this—David’s double-click, a 10x bet ticket where performance snaps into place… of course that’s very hard.
Zhili Fang—this is a silicon-photonics CPO device; the larger one is Luobotech.
Gukong Technology, Tengjing Technology, Dekeli—these are optical switches.

Too many, too many to list individually… but there’s also a method: wait for the U.S. stock market to pull back for 2 days, then go in to buy. If the U.S. stocks rebound for 2 days, then leave first.
Trade against the trend.

 Lino Pharmaceutical Pack today actually couldn’t do two days in a row hitting the limit—no problem. The follow-through was especially good. It’s very similar to Haitai Xinguang’s chart. The logic works.  
   The strength in pharma is okay—I guess April will be choppy and repetitive.  

Fiber optics is so strong… I guess there will be some more “tilted” opportunities, like 20-centimeter arbitrage—for example, Keobond—Kexin Technology and these.
Equity transfer of Jieweit et al… for lithium battery materials, it’s bullish and it’s been that way.
South East is an emotional crowding trade. For that day when the stock broke down and failed, it was already said it would rebound back. Yesterday it pulled back, and today it rebounded back again. Hexafluoro EC .VC Hongyuan Pharmaceutical… and Haike Xinyuan—none of them went.

   I talked quite a lot. For the start, in April—feels pretty good.