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Made up my mind—the next decade's AI stocks in China's A-share market are the golden opportunity for the poor to get rich!
It feels a lot like the crypto space 10 years ago:
1. Lots of retail investors, hot money, and dumb money
2. Everyone is dreaming of a revolution: tech revolution / blockchain revolution
3. Listed companies are also hyped, all trying to get a grip on AI
4. People's money has no place to go as the population declines—if not real estate, then stocks
5. Young people face upward mobility difficulties, employment pressure, and layoff pressure, forcing them to gamble—just look at Korea.
The only thing to watch out for is that there will be many wild swings disconnected from fundamentals, so buying the dip and holding a bit longer might be a good strategy.
As for comparing US AI stocks with Chinese ones, from a profitability and PE valuation perspective, US top-concept stocks are only at 10-30x PE—clearly more rational, suitable as a foundation.
Think about how the crypto space played out 10 years ago? You set your foundation—BTC, nothing else. But do you play IPOs, VC coins, or MEMEs?
In the crypto space, the wealth opportunities in 2017, 2021, 2026—nobody looked at PE. But now everyone looks at HYPE, PE, buybacks—the market has matured, meaning fewer opportunities.
So US stocks are like BTC, while A-shares have ETH and SOL—many long-term quality plays, but also some sky-high valuation "VC coins"—it's the same story.
There's nothing new in speculative markets.