$MU Keep an eye on potential downside risks. The market is once again buzzing with news that Huang Mao is planning to impose sanctions. This sudden piece of bad news really does throw sentiment off a bit. If there’s going to be a direct showdown, the US stock market and China’s A-shares may once again end up competing to see who drops harder. In the short term, don’t blindly catch falling knives from this level—pay closer attention to how the news unfolds and focus on risk avoidance.

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