Dan Bin: The storage of this round of adjustment is basically close to a stage-level bottom, and the long-term demand logic for the AI industry has not wavered.

Mars Finance reports that on July 16, well-known investor and chairman of Oriental Port, Dan Bin, posted an assessment of the storage sector’s decline, saying it is purely based on market sentiment. The adjustment cycle in the storage sector is basically close to the interim bottom. China’s overseas AI storage leader continues to pull back, dragging A-shares down with it. However, the long-term demand rationale for the AI industry has not been shaken. After short-term sentiment has been vented, stocks with strong earnings certainty will gradually recover.

Dan Bin added that he does not believe there is any possibility of systemic risk for companies in the artificial intelligence space right now—it's simply that they have risen too much, and this is a normal adjustment. The key is whether corporate profit growth can continue, and for how many years—that is the most important. In addition, without leverage, companies with sustained profit growth can get through the current phase.

Dan Bin also said that all of his own funds have already been included in the Oriental Port Fund for co-investment.