公开研究报告

中航光电

002179.SZSZSE

减持

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

减持

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.

Mega Fortune Company Limited

MGRTNASDAQ

减持

Reduce MGRT to Underweight — sell 30–50% into current strength near $98 with a hard stop at $82; do not add until audited financials clarify prepaid assets and Q2 revenue recovers above $2.5M.

Erasca, Inc.

ERASNASDAQ

减持

Reduce ERAS to Underweight — trim exposure ahead of the binary August 6 earnings call, retain a core tracking position for pipeline optionality, and set a hard stop at $17.47.

NVIDIA Corporation

NVDANASDAQ

持有

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

减持

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

减持

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

减持

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

减持

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

减持

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

减持

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

减持

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

减持

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

卖出

阅读报告

小米集團－Ｗ

1810.HKHKEX

减持

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

减持

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

减持

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.

Amazon.com, Inc.

AMZNNASDAQ

减持

Trim AMZN by one-third before July 28 to de-risk ahead of Fed/earnings binary events; hold core position for long-term AI and cloud upside, re-entering only on confirmed FCF improvement and technical repair above the 200-day SMA.