公開リサーチレポート

Prelude Therapeutics, Inc.

PRLDNASDAQ

アンダーウェイト

Trim PRLD to a tightly capped speculative position before August 19 and do not add without both fundamental and technical confirmation.

中航光电

002179.SZSZSE

アンダーウェイト

执行减仓至30%，反弹至36.60–37.98元区间分批卖出，跌破32元加速离场。

Nebius Group N.V.

NBISNASDAQ

アンダーウェイト

Reduce NBIS to ~50% of current allocation before tomorrow's Q2 earnings; retain core exposure with a hard stop at $170 while awaiting technical repair and cessation of insider selling.

NVIDIA Corporation

NVDANASDAQ

ホールド

Hold NVDA: maintain core position but do not add — wait for daily technical repair above $205 or post-earnings clarity before increasing exposure.

Apple Inc.

AAPLNASDAQ

アンダーウェイト

对AAPL执行分阶段减持，保留核心仓位但在财报验证前不新增风险。

立讯精密

002475.SZSZSE

アンダーウェイト

将立讯精密仓位降至基准配置的50%-70%，保留核心敞口以捕捉长期增长潜力，同时通过部分减仓对冲短期自由现金流恶化与债务风险。

Netflix, Inc.

NFLXNASDAQ

アンダーウェイト

Reduce NFLX to Underweight — trim 30-40% at market, retain 3-5% core, stop at $65.08, reassess after Q3 earnings.

中恒电气

002364.SZSZSE

アンダーウェイト

Reduce to Underweight: sell 30–50% into the 40–42 relief rally, hard stop at 200-day SMA (35.68), no new entries until PE falls below 60x and core margin recovers above 5%.

Tesla, Inc.

TSLANASDAQ

アンダーウェイト

将TSLA持仓下调至低于基准权重1-2个百分点，在313美元附近分批减仓，保留核心仓位以应对极端超卖后的双向波动。

VanEck Semiconductor ETF

SMHNASDAQ

アンダーウェイト

将SMH持仓降至组合目标权重的75–85%，利用反弹至575–585美元区间执行减仓，以544美元为硬止损底线，等待日线MACD金叉与FCF/资本开支改善的双重确认后再重新评估。

滔搏

6110.HKHKEX

アンダーウェイト

将滔搏仓位削减至20%-25%，保留核心底仓应对极端超卖反弹，1.26港元止损铁律不变，1.40-1.60区间获利减半。

Acme

ACUAMEX

アンダーウェイト

Trim 25–33% of ACU at $53–54 to lock in post-earnings gains; maintain core exposure for the My Medic catalyst but deploy fresh capital only on a pullback to $47 or Q3 validation.

騰訊控股

0700.HKHKEX

売り

レポートを読む

小米集團－Ｗ

1810.HKHKEX

アンダーウェイト

Reduce Xiaomi (1810.HK) exposure tactically: bank partial profits from the 31% rally, trail a stop at 26.50 HKD, and await pullback or Q2 earnings confirmation before re-entering with size.

ServiceNow, Inc.

NOWNYSE

アンダーウェイト

Reduce ServiceNow to Underweight — trim 25–50% into $100–104 resistance, hold reduced core, do not add until margin and FCF stabilize.

Microsoft Corporation

MSFTNASDAQ

アンダーウェイト

Trim MSFT to Underweight: sell 25–33% into any bounce toward $397–$402; retain a core stake but do not add until FCF conversion stabilizes and the daily technical structure repairs.

Chaozhou Three-Circle (Group) Co., Ltd. Class A

300408.SZSZSE

アンダーウェイト

将三环集团（300408.SZ）降至基准权重的50%—70%，中报前不加仓，并利用未能站稳107.89元的反弹继续减持。

Dell Technologies Inc.

DELLNYSE

アンダーウェイト

Underweight DELL: trim to a monitored core and require both technical and cash-flow confirmation before rebuilding exposure.