#Gate广场五月交易分享

‍# Trump’s Visit to China on May 13
Trump visits China on the 13th, causing A-shares to surge sharply—where are the follow-up investment opportunities?

From May 13 to 15, Trump will make a state visit to China, the first since 2017. The topics to be discussed are also fairly broad, covering tariffs, the Iran crisis, TW, AI, and key minerals. Today, A-shares also rose sharply in response, with concept stocks such as semiconductors and storage chips leading the gains. Looking into the next two or three quarters, Xiao Cai Shen believes that two areas will become the main investment themes: opportunities in the technology and AI sectors within the stock market, and opportunities in the cryptocurrency market.

## 1. Financial mapping of the core issues

‌Tariff game‌

The U.S. Supreme Court has ruled that the tariffs Trump previously imposed under the International Emergency Economic Powers Act are invalid (credible source). The newly introduced 10% global tariffs face legal validity disputes (credible source). If this meeting results in a phased trade truce (for example, extending the tariff exemption period), it will directly benefit the following areas:

‌Export-dependent China concept stocks‌ (such as cross-border e-commerce, electronics manufacturing)

‌Companies that repair global supply chains‌ (shipping, port logistics)

‌U.S. trade surplus industries‌ (home appliances, machinery equipment)

‌Spillover effects of the Iran crisis‌

An escalation of the Middle East situation has led to disruptions in shipping through the Strait of Hormuz (credible source), pushing up crude oil prices and safe-haven asset prices. If the U.S. and China reach cooperation on the security of energy corridors:

‌Alternative energy substitution tracks will benefit‌: new energy industry chain (photovoltaics, energy storage), LNG transportation

‌Safe-haven asset volatility‌: gold faces short-term pressure, but geopolitical tail risks have not disappeared and still retain value for allocation

‌AI and cooperation on key minerals‌

Consultations between both sides on AI governance rules, as well as the supply of strategic minerals such as rare earths (credible source), may give rise to:

‌Computing power infrastructure‌ (data centers, optical modules)

‌Independent and controllable mineral supply‌: enterprises with breakthroughs in salt-lake lithium extraction, rare-earth permanent magnet technologies

‌Compliant AI industry chain‌: providers of federated learning and privacy computing technologies

## 2. Catalytic logic for both stock and crypto markets

(1) Structural opportunities in the stock market

‌Repricing of the technology growth track‌

If consensus is reached on an AI regulatory framework (such as avoiding a technical decoupling), it will ease the market’s worries about technology hard forks. Combined with the fact that domestic industrial enterprises’ profit growth rate in January–February hit a new four-year high (credible source) and the valuation advantage with CSI 300 dividend yield exceeding 3% (credible source), focus on:

‌AI application commercialization‌: multimodal large models, industrial software

‌Semiconductor equipment localization‌: etching/thin-film deposition equipment manufacturers

‌Recovery expectations for cyclical sectors‌

If a mechanism to ensure key mineral supply is put in place, it will strengthen:

‌Rare metal mining and processing‌ (lithium, cobalt, rare earths)

‌Battery recycling technology‌: urban mining developers

(2) Crypto market momentum window

The current market shows a diverging pattern of “Bitcoin strong—altcoins weak” (credible source). However, three marginal changes are worth paying attention to:

‌Expectations of a shift in Federal Reserve policy‌

Market pricing is for rate cuts in the second half of 2026 (credible source). If the May Federal Reserve meeting sends dovish signals, liquidity pressure on the crypto market will be significantly alleviated.

‌Geopolitical safe-haven demand shifting‌

The continued Middle East conflict is consuming U.S. military resources (credible source), lowering the appeal of traditional safe-haven assets. As a non-sovereign asset, BTC’s value for allocation stands out.

‌Improved regulatory clarity‌

Progress by the U.S. SEC in approving Ethereum ETFs may be beyond expectations, accelerating the process of compliance in the derivatives market.