To The Moon

$Cambricon Technologies Corporation Limited(688256)$  

Latest twist in the A-share saga! Cambricon, China's AI chip darling and Nvidia wannabe, peaked at 1,535 yuan on Thursday but tumbled another 6% on Friday (Aug 29), closing at 1,492.49 yuan after a regulatory filing flagged investor risks. That's a sharp reversal from Wednesday's 16% pop, with the market cap dipping to around 664 billion yuan amid the volatility. 

 What’s Cambricon?

It’s a flagship Sci-Tech Innovation Board outfit, churning out AI chips and positioned as the homegrown Nvidia challenger! 

The ride's been epic over two years! It more than doubled last month, eclipsing Maotai's cap to snag the A-share throne! But post-filing, it's cooling off quick—textbook wild swings! What fueled the sharp rise? The surge kicked off after July 15, when U.S. Commerce Sec Raimondo vowed to withhold top-tier chips from China, aiming to hook devs on U.S. tech. This sparked outrage, prompting a counter-push to ditch Nvidia for domestic options like Cambricon. 

Policy support and national pride ignited the rally, with media hype and trader frenzy amplifying the climb—doubling in a month! A-shares love a repeat: Maotai's crown's been eyed before by pumped-up names like Allpass Education and China Shipbuilding, which rocketed then cratered, torching investor cash. 

Can Cambricon hang tough through this dip? 

 Price now at 1,492.49 yuan, up 5x+ yearly, but earnings lag at 2.88 billion yuan revenue and <500 million H1 R&D. Screams overvalued "demon stock"! Rally's detached from ops. 

Who's driving it, and the perfect storm timing? 

 Peeling back Cambricon's shadowy boosters! Tracing the surge: Founders Chen Tianshi (CAS star) and bro locked in state funds like CAS Investment, SDIC, local sci-tech pools, Alibaba Ventures, iFlytek. Blend of CAS crew, policy state dough, industry heavies. State dominance smoothed the path—IPO July 2020, STAR 50 Index entry March 2021! 

Heavyweight index slot pulls ETF cash, buoying prices. Yet Cambricon's frenzy risks dragging indices down on burst, clashing with bull market hopes. To sustain the uptrend, inflating the bubble might need endless funds—tough call ahead! Entry-level trick: State bucks + index heft. Pro move? Client squeeze—95% last-year revenue from top five, 79% from ByteDance whispers. Buzz says chips suck for training, just inference—mega deals why? Capital sleight-of-hand! ByteDance's ~3B outlay inflated val by 300B. Order left, stock buy right—poof, quick payback. A-share wizardry! Lofty heights for what? Not retail suckers—one lot (100 shares) ~149K RMB, Sci-Tech Board's 500K gate shuts most out. Big fish bait!

Through indices: STAR 50, CSI 300, SSE 50 force ETFs to mirror weights (e.g., 7% buys in). 

Up goes price → cap → weight → buys → endless loop! But boomerang: Hype flees, dip hits → weight falls → ETF dumps → doom spiral. Flashback Allpass (2015), Oriental Comm (2019)—titans turned trash.

Cambricon's clipping institutions, sparing small timers. Index/stock fund folks, beware! Pub funds grip >15% float, hot money dives in. First out? You tell me! Shady funds prop for pay—eye holdings; Cambricon overload? Bail before bagholder duty! Cambricon's niche? Prime time—top domestic Nvidia AI chip, ideal to flaunt U.S. ban breaks.

Now it’s a tight spot—drop it, index implodes, bull busts.

 Rescue? Costly save? Market's holding its breath! 

Ahead? Timer's up. Leverage Cambricon to fan bets, drain savings to market. Iconic winner? Yep, if A-share fortune fable hooks ya! Media gushes CAS wunderkind Chen Tianshi, echoing DeepSeek's Liang months prior. DeepSeek? OpenAI China-killer—poof, vanished. Cambricon's "smash Nvidia" seat endure? 

 Oddity: Sina Weibo's "skip excess saving" trend—obvious bull lure for deposits. Retail's broke, vibe flat; Cambricon's steep (tough entry), minis idle, funds iffy. Aboard Cambricon? Buy-in price? Exit goal? Dish it!

I suggest to avoid.... 

@TigerPM  @TigerObserver  @Tiger_comments  @Daily_Discussion  @TigerStars