Daily scan of 13 Xueqiu influencers on 2026-08-17 (Monday). Today: 12/13 covered (Youmei not retrievable — generic screen name). Backdrop: last week A-shares ‘rebounded into resistance, rallied without volume’ — on Aug 14 the Shanghai Comp closed +0.01% at 3927.18 on RMB 2.14tn turnover (down RMB 408bn from the prior day), with 2963 losers vs 2398 gainers; turnover never sustainably broke RMB 2.5tn and the market has no clear leadership. Two new structural notes: ChangXin Technology (CXMT) topped China’s A+H market cap just two weeks after listing (≈RMB 3.54tn, above Tencent’s ≈RMB 3.44tn, +500% since debut), and MSCI’s August review added 33 names (Zhipu, Asymchem, Dingtai) and removed 32, effective Aug 31. Key threads today. First, Duan Yongping’s Q2 13F authoritative figures landed today (Aug 17): H&H International Investment held ≈$19.1bn across 19 names (not 18) — top 3 are Apple 41.05%, Berkshire Hathaway B 24.18% (no.2, i.e. a quarter of the book parked in Buffett’s cash pile), PDD 9.99%; he cut Nvidia −54.63% (3rd→5th), Google −46.88%, Microsoft −25.78%, trimmed Apple −6.38%; added PDD +26.71% (2nd consecutive quarter), and new Alibaba 301.4k shares (cleared in Q1, bought back in Q2) while fully exiting TSMC and CrowdStrike. Net: lower US-AI hardware exposure, more China e-commerce + cash equivalents — consistent with his late-Jul/early-Aug ‘sell Apple calls for premium’, ‘quant is zero-sum’, ‘be a farmer not a hunter’ framing. Second, Xiao Kashu laid out his most actionable convertible-bond framework (new post): current new-issue converts are in the ‘head-trimming’ (cha tou) phase — opening ‘in the sky’, pre-discounting future gains — so he does not participate now and waits for the half-year lock-up unlock to create a better entry; he pins the ‘bubble contraction point’ at roughly half the tenor (≈6 months), and shifts focus to small-cap converts with >1.5 years to maturity; included a full post-mortem on selling Jingly Convertible Bond 2. Third, Zhengqq empirically nullified two mainstream factor screens (Aug 15): ‘pure ROE selection basically has no effect, and low-valuation+ROE selection also has no effect… selecting on past 1-2yr revenue/profit growth is equally meaningless’ — A-shares are ‘too cyclical’ without industry judgment, and his own strategy ‘changes every year’. Elsewhere: Guan Wocai dissected his Gree position (5% weight, +3.9% total / +2.7% annualised) via four untriggered sell conditions (Aug 14) and Tencent’s interim (strong revenue, weak cash flow, buybacks/dividends hard to look good); Erniao Shuo’s Weekly 188 flagged ‘rebound meets resistance, rally lacks volume, no clear theme’; Taotie Hai detailed the LOF delisting consultation (commodity-futures/QDII LOFs to be delisted, >1-year transition, latest by 2027-12-31) and convertible-bond equal-weight valuation at 114.5; Shan Xing’s copper tight-balance data (Chinese-listed output +280% vs flat ex-China); qzy69’s ‘bull market but I wouldn’t dare’ and HIS1963’s ‘ChiNext PE ≈ 2x Nasdaq’; Zhang Yizhen’s max-drawdown FOMO-breaker; Liuyi Jushi’s valuation table V2.2; Chaoji Ludinggong’s July game account +14.46%; Youmei remains not retrievable.
- Chaoji Ludinggong
- Liuyi Jushi
- Guan Wocai
- qzy69
- HIS1963
- Zhengqq
- Erniao Shuo
- Zhang Yizhen
- Taotie Hai
- Shan Xing
- Xiao Kashu
- Youmei — not retrievable today (generic screen name)
- Dadao Wuxing(Duan Yongping)
