{
  "version": "https://jsonfeed.org/version/1.1",
  "title": "algo2alpha — The Learning Investor — HK Tech",
  "home_page_url": "https://www.algo2alpha.com/p/hktech/",
  "feed_url": "https://www.algo2alpha.com/p/hktech/feed.json",
  "description": "Redacted end-of-day decision records for HK Tech.",
  "authors": [
    {
      "name": "Boon Sing Thia"
    }
  ],
  "items": [
    {
      "id": "hktech-2026-07-28",
      "url": "https://www.algo2alpha.com/p/hktech/2026-07-28/",
      "title": "HK Tech — 2026-07-28",
      "summary": "EOD 2026-07-28",
      "content_text": "## HKTECH End-of-Day Verdict — 2026-07-28\n\nEOD 2026-07-28\n\n| Ticker | Name | Close | Action | Action Price | Stop | 1wk | 4wk | 12wk | Rationale |\n|---|---|---|---|---|---|---|---|---|---|\n| 9618 | JD-SW | 124.10 | BUY — QUEUED @123.73 | 123.73 | 112.52 | 130.46 (+5.4%) | 146.15 (+18.1%) | 136.88 (+10.6%) | JD has broken out to a fresh 20-day high on nearly three times its recent volume, closing at 124.10 and reclaiming its 200-day average for the first time in a month - the strongest signal this book has produced since inception, at conviction 84 against a 65 floor. Crucially the model now projects the shares higher on both horizons (+18% over four weeks, +11% over twelve) while the shares trade near our estimate of intrinsic value on a passing quality screen, and the suggested stop sits a wide 9% below entry - resolving the one objection that kept us out for four straight sessions, when the stop was too tight to survive normal daily noise. Risking 11.21 a share to make 22.42 is a 2-to-1 proposition, and the price has not run away from the entry. We buy on a stop order so that a weak open simply never fills. Learnings applied: the 07-27 re-arm trigger (fresh BUY cv>=65 + forward view intact + stop >= ~0.5 ATR) fired on every clause - stop is now 3.18 ATR vs 0.31 yesterday. HT-4 forward-view screen PASSES for the first time since inception (T4 +17.8%, T12 +10.3% vs close). HT-3 does not apply - this is the BreakoutUp exit family with genuine 2.00 R:R, not the pullback family's 0.92 config artifact. L1 breakout discount and the BreakoutUp_20D/buy cell being 0-for-1 (that one sample is THIS name's 07-21 failure: cv69 -> NO TRADE cv0 in one session, expired unfilled) are expressed as a 0.5x discretionary size haircut, NOT a reject - today's print is stronger on every axis that failed then (cv84 vs 69, STRONG BUY vs BUY, portion 74.69 vs 28.39, close 124.10 clears the 07-21 high 123.40, volume 14.2M vs 5.0M). L6 does not bite - no earnings inside the 10-day horizon. L8: executes at the 07-29 open; reprice if it gaps >~1.5%. Sizing: 74.69% x 2,000,000 x 20% = 298,760 full slot; size_mod 1.0x (UNDERVALUED+Quality_Pass would permit 1.25x but MoS is knife-edge +0.0067 on a 4-day-stale price, ~-0.04 marked to today's close, so upsize declined); 0.5x haircut -> 149,380 -> /123.73 = 1,207 -> ( x 50) = HK7.4% of book. Risk to stop HK = 0.67% of book. max_position_pct and both non-binding. No DCF annotation: DCF_per_share 185.65 sits well above the 136.88 12wk target. Event Horizon names no event for 9618; FOMC 07-29 / Politburo 07-30 / PMI 07-31 are indirect and argue for the half-size, not a skip. Data caution: a cached Yahoo quote snippet showed 115.10 for 07-27 vs the scan's settled 119.20 - L4 makes the settled scan close authoritative, and the buy-stop is self-protecting if the tape is materially lower. WITHDRAW if conviction drops below 65 before fill, or on expiry 2026-07-31. |\n| 0148 | KINGBOARD HLDG | 42.22 | WATCH | 42.22 | 33.16 | 48.88 (+15.8%) | 64.43 (+52.6%) | 24.07 (-43.0%) | Kingboard triggered a buy signal today, but it is a bounce in a collapse rather than a turn: the shares have fallen 26% in six sessions to 42.22 and trade far below their 20-, 50- and 100-day averages, and the company fails our quality screen on profitability and cash flow while still pricing in growth. The model's own twelve-week projection of 24.07 is 43% BELOW today's price - it is recommending a purchase it simultaneously forecasts will nearly halve. We do not buy falling knives on an oversold reading alone. Learnings applied: quality gate hard-blocks new entries on Quality_Pass=False (dispositive here - the book holds nothing, so no ADD exemption applies); HT-4 forward-view screen fails badly on the 12wk leg; note B (the HK OversoldBounce/ReversalUp buy pool with negative 12wk is the falling-knife shape this book is written to refuse). Momentum 29 / Volatility 21 pillars are weak. Fourth axis: the printed 4wk target 64.43 (+52.6%) sits far outside the model's own Est_High of 47.73 - an artifact, not an objective (logged as systemic finding 2). adj conviction 66 - 1 = 65, exactly at the floor, and rejected regardless. RE-ARM: Quality_Pass=True AND Target_12Week above close AND price back above EMA50. |\n| 2318 | AAC TECH | 57.10 | WATCH | — | — | n/a | n/a | 51.94 | The buy signal we declined for four consecutive sessions has now disappeared entirely - AAC prints no trade at zero conviction. Our reason for passing was that the model forecast the shares lower on both the four- and twelve-week horizons even as it flagged a buy; that contradiction has resolved by the signal dissolving rather than by the forecasts improving. The book never paid 56.65 for a setup that never became sound. Learnings applied: HT-4 (forward view screened before the conviction floor) called this correctly four times running; L1 caution on extended pullback entries. Conviction trail ->. Dropped as an active candidate. RE-ARM: cv>=65 AND Target_4w/Target_12Week both above close AND entry not extended. |\n| PORTFOLIO | AI - HK Tech | — | WATCH | — | — | n/a | n/a | n/a | The book takes its first position since inception: a half-size stake in JD.com, which today became the first name to satisfy every one of our entry conditions at once - a strong breakout signal, projected gains over both the four- and twelve-week horizons, a sensible valuation on a passing quality screen, and a stop wide enough to survive ordinary volatility. We commit HKabout 7% of the portfolio, and keep the remaining HKin reserve. That restraint is deliberate: eight other names in the book are flagged as active breakdowns with rising conviction, and a Federal Reserve decision, three chip-sector earnings reports and a Chinese policy meeting all land within four sessions. One breakout does not make a bull market. Ends the eleven-session 100%-cash streak. Sell pool empty by construction (zero holdings). Second floor-clearer 0148 hard-blocked by the quality gate. Nothing pending to reconcile coming in; monitor clean (CASH no_stop only). |\n\n_Track record: 5 graded decisions · 1-week calibration -0.450._\n\n> Educational content, not financial advice. Position sizes and account details are omitted; prices shown are model estimates, not guarantees.",
      "date_published": "2026-07-28T00:00:00.000Z",
      "tags": [
        "hktech",
        "hk",
        "eod"
      ]
    },
    {
      "id": "hktech-2026-07-27",
      "url": "https://www.algo2alpha.com/p/hktech/2026-07-27/",
      "title": "HK Tech — 2026-07-27",
      "summary": "EOD 2026-07-27",
      "content_text": "## HKTECH End-of-Day Verdict — 2026-07-27\n\nEOD 2026-07-27\n\n| Ticker | Name | Close | Action | Action Price | Stop | 1wk | 4wk | 12wk | Rationale |\n|---|---|---|---|---|---|---|---|---|---|\n| 2318 | AAC TECH | 56.65 | WATCH | 54.10 | 52.71 | 54.49 (+0.7%) | 55.39 (+2.4%) | 50.79 (-6.1%) | The book's only buy signal is a pullback entry the model itself does not expect to pay: both the 4-week (55.39) and 12-week (50.79) projections sit below today's 56.65 close, and the shares have already run 4.7% past the 54.10 entry the setup was built around. Conviction is 58 against a 65 floor and has stopped improving, while the reward-to-risk on the printed levels is only 0.93 - risking 1.39 to make 1.29. Nothing in the news flow or the valuation layer argues otherwise, so we pass again. Fourth consecutive session rejected on the same three grounds. Learnings applied: HT-4 (forward view screened before the conviction floor), HT-3 (printed R:R is a config artifact - use an independent forward+stop check), L1 (favour sound pullbacks, not extended ones), note B (HK falling-knife pool). NA_CCY -> val_adj 0, quality gate off. Extended ED -2.28 so even a pass would have been QUEUED-only at 54.10. RE-ARM: cv>=65 AND Target_4w/Target_12Week both above close AND entry not extended. |\n| 9618 | JD-SW | 119.20 | WATCH | 119.20 | 118.20 | 121.14 (+1.6%) | 125.65 (+5.4%) | 127.59 (+7.0%) | JD is the only name in the book that looks structurally right - the shares trade below our estimate of intrinsic value on a passing quality screen, and both the 4-week (+5.4%) and 12-week (+7.0%) projections point higher from today's 119.20 close, with the price sitting right at the entry rather than extended above it. What is missing is the signal itself: the engine prints WATCH, not BUY, at conviction 53 against a 65 floor, and the suggested stop is only 1.00 wide against a 3.23 average daily range - too tight to survive ordinary noise. We wait for the setup to confirm rather than anticipate it. Learnings applied: L1 (the FailedBreakdown_Up family is weak here, ~0.25 hit / ~60% stop-first - do not chase), HT-4 (a positive forward view is necessary but not sufficient), HT-3. Trail NT0->WATCH45->NT0->WATCH53: improving but choppy, no BUY print in four sessions. Same 0.31-ATR knife-edge stop geometry that stopped 0992 out twice. RE-ARM: fresh BUY print at cv>=65 with the positive forward view intact AND a stop at least ~0.5 ATR wide. |\n| — | AI - HK Tech | — | NO ACTION | — | — | n/a | n/a | n/a | No action today: the portfolio stays entirely in cash. Across all 21 names the scan produced a single buy signal, and it is one the model's own forecasts contradict - projected lower over both the 4-week and 12-week horizons. Ten names are flagged as active breakdowns, and the one attractively valued candidate has not yet given a buy trigger. With a Federal Reserve decision, three chip-sector earnings reports and a Chinese policy meeting all landing inside the next four sessions, holding the full HKin reserve is the position. Eleventh consecutive 100%-cash session. Sell pool empty by construction (zero holdings). No pending or queued orders outstanding; nothing to reprice or expire. Monitor clean (CASH no_stop only). |\n\n_Track record: 5 graded decisions · 1-week calibration -1.015._\n\n> Educational content, not financial advice. Position sizes and account details are omitted; prices shown are model estimates, not guarantees.",
      "date_published": "2026-07-27T00:00:00.000Z",
      "tags": [
        "hktech",
        "hk",
        "eod"
      ]
    },
    {
      "id": "hktech-2026-07-24",
      "url": "https://www.algo2alpha.com/p/hktech/2026-07-24/",
      "title": "HK Tech — 2026-07-24",
      "summary": "EOD 2026-07-24",
      "content_text": "## HKTECH End-of-Day Verdict — 2026-07-24\n\nEOD 2026-07-24\n\n| Ticker | Name | Close | Action | Action Price | Stop | 1wk | 4wk | 12wk | Rationale |\n|---|---|---|---|---|---|---|---|---|---|\n| 2318 | AAC TECH | 56.90 | NO ACTION | 53.76 | 52.24 | 55.02 (+2.3%) | 55.15 (+2.6%) | 50.51 (-6.0%) | Rejected a third straight session: now BELOW the 65 floor (cv65->58 decaying) AND fails the HT-4 forward-view screen - both horizons sit under close 56.90 (4wk -3.1%, 12wk -11.2%) - and it is extended (Entry_Distance_ATR -2.59, close +5.8% above the 53.76 pullback entry) so it is a chase at best. NA_CCY valuation-unreliable. Note-B falling-knife-in-disguise; not queued, not bought. |\n| — | hktech | — | NO ACTION | — | — | n/a | n/a | n/a | NO ACTION - 0 ACQUIRE / 0 DISPOSE, 100%-cash streak continues. Sell pool empty by construction (zero holdings). Buy pool's only bullish-actionable name 2318 (cv58) is sub-floor with a negative 4wk/12wk forward view and extended; 9988 (cv55) and 1810 (cv50) are sub-floor WATCH with negative forward views. Yesterday's floor-clearing 0992 acquire collapsed and its pending order was withdrawn before it filled. Valuation regenerated fresh this run (real FV, not NA blind) but the actionable candidate is NA_CCY. HKfully retained. |\n\n_Track record: 5 graded decisions · 1-week calibration -1.015._\n\n> Educational content, not financial advice. Position sizes and account details are omitted; prices shown are model estimates, not guarantees.",
      "date_published": "2026-07-24T00:00:00.000Z",
      "tags": [
        "hktech",
        "hk",
        "eod"
      ]
    },
    {
      "id": "hktech-2026-07-23",
      "url": "https://www.algo2alpha.com/p/hktech/2026-07-23/",
      "title": "HK Tech — 2026-07-23",
      "summary": "EOD 2026-07-23",
      "content_text": "## HKTECH End-of-Day Verdict — 2026-07-23\n\nEOD 2026-07-23\n\n| Ticker | Name | Close | Action | Action Price | Stop | 1wk | 4wk | 12wk | Rationale |\n|---|---|---|---|---|---|---|---|---|---|\n| 0992 | LENOVO | 24.62 | BUY | 24.62 | 24.09 | 25.68 (+4.3%) | 28.16 (+14.4%) | 35.08 (+42.5%) | First in 8 sessions: Lenovo prints BUY cv84 (up, 2 consecutive prints) at entry (no chase) with a strong positive forward view (4wk +14.4%, 12wk +42.5%) and a definable stop - clears the conviction floor AND the HT-4 forward-view screen the framework has waited for; the 07-22 re-arm condition fired. Sized to one modest tranche (~4.9% of book) given the FailedBreakdown_Up family caution (L1: ~0.25 hit/60% stop-first; mirror +10 edge retired D1/HT-2) and a tight 0.30-ATR stop on a name stopped out twice before. Stop 24.09 is a hard risk-defined exit; if stopped, do not re-chase. Action price is the anchor-close ref, executes at the next open (L8) - reprice if it gaps >1.5%. News: no dilutive placement (HT-6 clear). |\n| 2318 | AAC TECH | 57.05 | NO ACTION | 53.54 | 51.99 | 53.97 (+0.8%) | 54.96 (+2.7%) | 49.73 (-7.1%) | Floor-clearer rejected on the HT-4 forward-view screen: both horizons sit below the close (4wk -3.7%, 12wk -12.8%), R:R 0.92 (HT-3 sub-1 artifact), and it is extended (Entry_Distance_ATR -2.83, close +6.6% above the pullback entry) so it would be queue-only at best; single fresh BUY print (AVOID->NT->NT->BUY), low stability. A note-B falling-knife-in-disguise. |\n| 9618 | JD-SW | 119.60 | NO ACTION | 119.60 | 117.30 | 121.77 (+1.8%) | 126.82 (+6.0%) | 127.60 (+6.7%) | Deteriorated to WATCH cv45 (sub-floor) after BUY73->BUY69 on 07-20/21; the 07-21 acquire was reconciled expired/unfilled on 07-22. Positive forward view (4wk +6.0%, 12wk +6.7%) keeps it on watch; re-arm on a fresh BUY cv>=65 with a definable stop. |\n\n_Track record: 4 graded decisions · 1-week calibration -1.015._\n\n> Educational content, not financial advice. Position sizes and account details are omitted; prices shown are model estimates, not guarantees.",
      "date_published": "2026-07-23T00:00:00.000Z",
      "tags": [
        "hktech",
        "hk",
        "eod"
      ]
    },
    {
      "id": "hktech-2026-07-22",
      "url": "https://www.algo2alpha.com/p/hktech/2026-07-22/",
      "title": "HK Tech — 2026-07-22",
      "summary": "EOD 2026-07-22",
      "content_text": "## HKTECH End-of-Day Verdict — 2026-07-22\n\nEOD 2026-07-22\n\n| Ticker | Name | Close | Action | Action Price | Stop | 1wk | 4wk | 12wk | Rationale |\n|---|---|---|---|---|---|---|---|---|---|\n| 9988 | ALIBABA-W | 113.60 | NO ACTION | 106.37 | 99.28 | 108.32 (+1.8%) | 112.86 (+6.1%) | 99.66 (-6.3%) | Clears the conviction-65 floor exactly but REJECTED on the HT-4 forward-view screen: both T4 112.86 (-0.65%) and T12 99.66 (-12.3%) sit below today's close 113.60 - a note-B falling knife in disguise. R:R 0.92 (HT-3 config artifact); Entry_Distance_ATR -1.27 (close +6.8% above the 106.37 pullback entry) -> extended, only a QUEUED GTC at 106.37 (~6.4% below close) that fills solely on a selloff toward VWAP. Not queued, not bought. Estimates f=0.30 off model entry. |\n| 0992 | LENOVO | 24.10 | NO ACTION | 23.18 | 21.08 | 23.76 (+2.5%) | 25.10 (+8.3%) | 33.89 (+46.2%) | The one buy-pool name with a positive forward view (T4 25.10 +4.1%, T12 33.89 +40.6% vs close 24.10) - structural opposite of the falling knives - but 6 pts sub-floor (cv59 < 65), HT-3 sub-1 R:R (0.91), and already stopped out twice in this book's scorecard (07-09/07-10 ADD QUEUED, both stop_hit ~-8%). On the watch; not actionable. Re-arm: fresh PullbackBuy_VWAP cv>=65 with definable stop and positive forward view intact. |\n| 1810 | XIAOMI-W | 26.68 | NO ACTION | 25.01 | 23.42 | 25.44 (+1.7%) | 26.46 (+5.8%) | 23.05 (-7.8%) | Sub-floor (cv58 < 65); both forward horizons below close (T4 26.46 -0.8%, T12 23.05 -13.6% vs close 26.68) and Entry_Distance_ATR -1.31 (extended). Fails floor and HT-4 together. |\n| — | hktech | — | NO ACTION | — | — | n/a | n/a | n/a | Eighth consecutive 100%-cash session. Sell pool empty by construction (zero holdings). Buy pool = three PullbackBuy_VWAP floor-scrapers: 9988 (cv65) fails HT-4 on both forward horizons + R:R 0.92; 0992 (cv59) positive forward view but sub-floor + sub-1 R:R + twice stopped-out; 1810 (cv58) sub-floor + negative forward view. 07-21 pending 9618 acquire reconciled EXPIRED/unfilled (breakout failed, NO TRADE cv0). HKfully retained. |\n\n_Track record: 4 graded decisions · 1-week calibration -1.015._\n\n> Educational content, not financial advice. Position sizes and account details are omitted; prices shown are model estimates, not guarantees.",
      "date_published": "2026-07-22T00:00:00.000Z",
      "tags": [
        "hktech",
        "hk",
        "eod"
      ]
    },
    {
      "id": "hktech-2026-07-21",
      "url": "https://www.algo2alpha.com/p/hktech/2026-07-21/",
      "title": "HK Tech — 2026-07-21",
      "summary": "EOD 2026-07-21",
      "content_text": "## HKTECH End-of-Day Verdict — 2026-07-21\n\nEOD 2026-07-21\n\n| Ticker | Name | Close | Action | Action Price | Stop | 1wk | 4wk | 12wk | Rationale |\n|---|---|---|---|---|---|---|---|---|---|\n| 9618 | JD-SW | 121.10 | BUY | 120.96 | 108.79 | 128.26 (+6.0%) | 145.30 (+20.1%) | 127.10 (+5.1%) | JD has broken out of its 20-day range and is now trading above its 50-, 100- and 200-day averages for the first time in months, with the model projecting HKover four weeks against a clearly defined HKstop - roughly two units of reward for each unit of risk. It is the only name in this book with a positive outlook on both the four-week and twelve-week views, which is why it ends a six-session run of holding entirely cash. The size is deliberately kept to about half a normal position: the June-festival advertising probe into JD remains open, and breakout entries have no track record in this book yet. Ops: BreakoutUp_20D cv69, Buy_Rank #1, 2nd consecutive BUY print (cv73 -> cv69). Entry 120.96 = anchor Entry_Price (provenance-compliant), ED -0.04 -> not a chase -> ACT-NOW at open, not a GTC. Range [119.97-121.95]; close 121.10 inside. Reverses the 07-20 reject: all five mechanical objections resolved (ED -3.02 -> -0.04; entry now ABOVE Est_Low 118.68; R:R 0..00 via chandelier_trail, not the HT-3-silenced pullback geometry; T4 now +20.0% vs below-close; 2nd print). NOTE - the 07-20 re-arm trigger was met in substance (entry >= Est_Low, within 0.5 ATR of close, probe not escalated) but NOT in form (it required a PullbackBuy_VWAP pullback to 111-114 and said do not buy strength above 120); this is a deliberate, logged override of my own trigger. HT-4 screen PASS (first in this book's standalone life): T4 145.30 and T12 127.10 both > close; stop definable; R:R 2.00. L1 breakout discount + BreakoutUp_20D/buy scorecard n=0 + open regulatory overhang -> 0.5x haircut -> @ lot 50 = HK2.7% of book). Risk 450 x 12.17 = HK = 0.27% of book. News NOT re-applied as an override: same 2-day-old 618 summons + Pomerantz investigation, no escalation, non-dilutive and unquantified - categorically lighter than the HT-6 archetype (2513's ~US dilutive placement); tape absorbed it over two sessions. Escalation to a fine, formal SAMR case or filed class action = stand-down/exit trigger. CAVEAT: T4 145.30 is 14% ABOVE T12 127.10 - the engine implies a round-trip, so treat as a 4-week trade to be taken off at the objective, not a 12-week hold; 145.30 is also a 52W-high (143.80) retest. f=0.30 (L5, calib_1w -1.015); val_adj 0 (NA_CCY valuation-blind, quality gate off). L8: execute at the 2026-07-22 open; reprice or stand down if the open gaps >~1.5% (above ~122.8). Not a 52W-high chase - close is -15.8% below the 143.80 high. |\n| 6869 | YOFC | 142.00 | NO ACTION | 142.00 | 65.50 | 151.98 (+7.0%) | 175.25 (+23.4%) | 80.94 (-43.0%) | An oversold bounce in a stock that is still in a clear downtrend - it trades well below its medium-term averages and the model projects it more than 40% lower over twelve weeks. Bouncing off the lows is not the same as turning, and there is no sensible place to put a stop here, so we pass. Ops: Action=WATCH, never enters the buy pool. HT-4 screen FAIL: T12 80.94 vs close 142.00 = -43%; below EMA50 197.47 and EMA100 184.93; stop 65.50 = -54% (un-sizable, no risk-definable entry per CLAUDE.md section 9). Note-B falling knife. f=0.30 (L5); val_adj 0 (NA_CCY). |\n| 0992 | Lenovo Group Limited | 23.24 | NO ACTION | 23.24 | 21.64 | 24.26 (+4.4%) | 26.65 (+14.7%) | 31.96 (+37.5%) | Lenovo has the most attractive twelve-week outlook in the book - roughly 37% upside - and it trades above all its major moving averages, but the signal is not strong enough to act on and the setup type behind it has repeatedly failed in this book. Worth watching for a stronger trigger rather than buying at a middling reading. Ops: cv55, 10 pts sub-floor (65). Structurally sound - above EMA50 20.53 / EMA100 17.40 / EMA200 14.51, T4 26.65 (+14.7%), T12 31.96 (+37.5%), R:R 2.13 - but FailedBreakdown_Up_20D is the retired-D1 cell with zero standalone support (HT-2) and the L1-discounted chase family. Trail: WATCH48 -> BUY55 -> NO TRADE cv0 -> WATCH55 (unstable). Not re-added to the watch; 9618 is the acted name. f=0.30 (L5); val_adj 0 (NA_CCY). |\n| PORTFOLIO | hktech book | — | WATCH | — | — | n/a | n/a | n/a | After six sessions holding entirely cash, the book makes its first investment: a small position in JD.com, the only holding candidate that offers upside on both the one-month and three-month views alongside a stop we can actually place. Everything else the scanner surfaced is still falling, and we continue to leave it alone. Ninety-seven percent of the cash stays on the sidelines. Ops: 1 ACQUIRE (9618 BUY 450 @120.96, stop 108.79, pending_next_open 2026-07-22), 0 DISPOSE (sell pool empty by construction - zero holdings). ANTICIPATE slot empty (no BUY - ANTICIPATE print in the last 3 snapshots). No open GTC queues to reprice/withdraw/expire. : buys need HKsells free HK -> funded from the HKseed; HK (97.3%) retained. Sizing basis (assumption): taken as this book's own HKseed per HT-1, NOT the hk.ini default_equity 600000; buy_pct 20%, max_position_pct 60% (not binding). 9618 is the first HT-4 screen PASS in the standalone book. Eight names print FailedBreakout_Down_20D (bearish family, long-only -> rejected by construction); 6869 cv68 fails HT-4 on a -43% T12; 0992 cv55 is the best forward view but sub-floor. 0522/0981/1347/2318/3750/9988 NO TRADE cv0 (Consensus conflict + low conviction) and report into the 07--24 earnings cluster. Valuation technical-only (NA_CCY, val_adj 0, quality gate off). Scorecard entries 32, graded 3, calib_1w -1.015 -> f=0.30 (L5); PullbackBuy_VWAP/buy n=3 report-only, BreakoutUp_20D/buy n=0 -> bias 0 everywhere (HT-2). Overlay 16d stale; horizon has nothing 9618-specific inside 10 sessions (FOMC 07-29 is the only macro item). |\n\n_Track record: 3 graded decisions · 1-week calibration -1.015._\n\n> Educational content, not financial advice. Position sizes and account details are omitted; prices shown are model estimates, not guarantees.",
      "date_published": "2026-07-21T00:00:00.000Z",
      "tags": [
        "hktech",
        "hk",
        "eod"
      ]
    },
    {
      "id": "hktech-2026-07-20",
      "url": "https://www.algo2alpha.com/p/hktech/2026-07-20/",
      "title": "HK Tech — 2026-07-20",
      "summary": "EOD 2026-07-20",
      "content_text": "## HKTECH End-of-Day Verdict — 2026-07-20\n\nEOD 2026-07-20\n\n| Ticker | Name | Close | Action | Action Price | Stop | 1wk | 4wk | 12wk | Rationale |\n|---|---|---|---|---|---|---|---|---|---|\n| 9618 | JD-SW | 120.00 | NO ACTION | 107.64 | 102.52 | 109.04 (+1.3%) | 112.32 (+4.3%) | 122.10 (+13.4%) | JD is the first structurally sound long this book has surfaced since inception -- it trades above its 50-, 100- and 200-day averages with a bullish trend and a modestly positive 12-week view, the opposite of the falling knives rejected all last week. But the shares have already run 11.5% past the price the model wants to pay, and a regulatory probe into 618-festival advertising (plus a related securities-fraud investigation) is an overhang the chart does not price. Chasing here is the mistake; we wait for the pullback. Ops: Entry_Distance_ATR -3.02, VWAP_Distance +12.56%, RSI 67.6, close 120.00 vs EMA50 111.71 / EMA100 113.11 / EMA200 116.53; Trend=Bullish 75, Consensus=Consolidation_Bullish, T12 122.10 = +1.75% vs close. Provenance limits any queue to 107.64 +/-0.25 ATR [106.62-108.66], but a fill there needs -10.3% in <=3 sessions and would break EMA50/EMA100 -- the GTC could only execute once the thesis is dead, so deliberately NOT queued. Corroborating: entry 107.64 < its own Est_Low 117.60 (engine defect); R:R 0.91 (HT-3 config artifact -- the HT-3 independent check itself PASSES on forward view + definable stop); T4 112.32 below the close; fresh single print (cv 33/33/46/73, no stability). L1/L6 no-chase; HT-6 news-override. RE-ARM: fresh PullbackBuy_VWAP cv>=65 with Entry_Price at/above Est_Low and within ~0.5 ATR of close -- in practice a pullback into the 111-114 EMA50/100 shelf holding above EMA200 116.53, probe not escalated. Do NOT buy strength above 120 into the 143.80 52W high. f=0.30 (L5); val_adj 0 (NA_CCY). |\n| 7709 | XL2CSOPHYNIX | 52.58 | NO ACTION | 52.58 | 5.01 | 63.99 (+21.7%) | 90.64 (+72.4%) | 29.97 (-43.0%) | A 2x leveraged Hynix tracker bouncing off deeply oversold levels, but it is still far below its medium-term averages and the model projects it 43% lower over twelve weeks -- an oversold bounce inside a downtrend, not a turn. The SK Hynix results on 22 July are the event that decides it; there is no reason to pre-position. Ops: Action=WATCH, so it never enters the buy pool regardless of cv65. Below EMA50 96.04 and EMA100 79.83; T12 29.97 = -43% vs close 52.58; stop 5.01 is un-sizable (no risk-definable entry per CLAUDE.md section 9). hklev leveraged-ETF doctrine; book note B. Horizon: SK Hynix Q2 07-22 -- wait for the print. f=0.30 (L5); val_adj 0 (NA_CCY). |\n| — | hktech book | — | NO ACTION | — | — | n/a | n/a | n/a | Sixth straight session fully in cash. Only one name cleared the quality bar and it had already run too far past our buy price to be worth chasing, so the book stays 100% in cash with HK of intact. Every name we passed on last week has since fallen further, so the discipline is paying. Ops: 0 ACQUIRE / 0 DISPOSE. Sell pool empty by construction (zero holdings). Sole floor-clearer 9618 cv73 PullbackBuy_VWAP rejected as an un-queueable chase (ED -3.02; the only legal limit 107.64 can fill only by breaking EMA50/EMA100, i.e. only once the thesis is dead) with a JD 618-festival regulatory probe confirming the withhold. Friday's five-name pullback pool (0700/1211/1810/9988 all cv65) reverted to NO TRADE cv0 today -- the flips were VWAP-mechanical exactly as called on 07-17. 0100 -10.6% today, -25.9% since the 07-15 reject, and the engine itself flipped it to AVOID cv62. 0992 Lenovo decayed to NO TRADE cv0 and is dropped from the watch, replaced by 9618. ANTICIPATE slot empty. No open GTC queues to reprice, withdraw or expire. Valuation technical-only (NA_CCY, val_adj 0, quality gate off). f=0.30 (calib_1w -1.015). Overlay 15d stale; horizon fresh (SK Hynix 07-22, ASMPT ~07-23, CATL 07-24, FOMC 07-29 -- all those names sub-floor). |\n\n_Track record: 3 graded decisions · 1-week calibration -1.015._\n\n> Educational content, not financial advice. Position sizes and account details are omitted; prices shown are model estimates, not guarantees.",
      "date_published": "2026-07-20T00:00:00.000Z",
      "tags": [
        "hktech",
        "hk",
        "eod"
      ]
    },
    {
      "id": "hktech-2026-07-17",
      "url": "https://www.algo2alpha.com/p/hktech/2026-07-17/",
      "title": "HK Tech — 2026-07-17",
      "summary": "EOD 2026-07-17",
      "content_text": "## HKTECH End-of-Day Verdict — 2026-07-17\n\nEOD 2026-07-17\n\n| Ticker | Name | Close | Action | Action Price | Stop | 1wk | 4wk | 12wk | Rationale |\n|---|---|---|---|---|---|---|---|---|---|\n| 0100 | MINIMAX-W | 216.00 | NO ACTION | 216.00 | 81.34 | 255.22 (+18.2%) | 346.73 (+60.5%) | 123.12 (-43.0%) | The book's top-conviction print (BUY cv70, Buy_Rank #1) and REJECTED for the third session running on the identical defect -- MiniMax is a falling knife the model cannot risk-define. (1) Un-sizable stop: Stop_Price 81.34 sits -62.3% below the 216.00 close (ATR 47.69 is ~22% of price, so the ATR-multiple stop lands two-thirds under the entry) -- the position cannot be risk-defined per CLAUDE.md section 9. (2) Negative 12-week: T12 123.12 = -43% vs close. (3) The tape confirms the knife: -15.62% today alone and -17.1% since the 07-15 reject at cv90 (260..00); RSI 30.1; close sits ~3% off the 52-week low 209.20 and below EVERY EMA (5/10/20/50/100 = 246/280/347/496/577). A deep-downtrend oversold bounce on a warrant, not buyable long-only. Est band 151.2-258.6. Ledgered direction=none/optional so the counterfactual grader prices what skipping cost. f=0.30 (L5); val_adj 0 (NA_CCY, book note B). |\n| 0700 | TENCENT | 461.60 | NO ACTION | 454.16 | 427.78 | 461.41 (+1.6%) | 478.34 (+5.3%) | 443.27 (-2.4%) | The closest call of the run and still a withhold: Tencent prints the L1-favored PullbackBuy_VWAP BUY (cv65, Buy_Rank #2) with a genuinely clean entry -- 454.16 is only -1.61% below the close (ED -0.35), RSI 52.8 is neutral, price is just +2.83% above VWAP (not stretched), the stop 427.78 (-7.3%) is definable, and T4 478.34 is the only floor-clearing 4wk target above its own close (+5.32% vs entry). Rejected anyway because the risk math and the structure both fail: (a) Target_12Week 443.27 sits below both the close (-4.0%) and the entry (-2.4%) -- the model projects Tencent lower over the very horizon the trade is held; (b) R:R 0.92 -- risking 26.38 to make 24.18, negative-EV before any view; (c) structure is counter-trend, not pullback-in-uptrend: close 461.60 is below BOTH EMA100 483.34 and EMA200 510.25, Momentum=Bearish (24), Consensus=Mixed, -32% from the 683 52W high; (d) it is a fresh single-print flip (NO TRADE cv0 x2 -> BUY cv65) that appeared only because a -4.63% down day dragged price back to VWAP, landing exactly at the 65 floor with zero margin. The overlay's '0700 add when signal turns up' trigger did fire, but that override is 12 days stale and was authored for a HELD position -- this book holds zero 0700, and an add-override cannot originate a new entry. Taking 0700 at cv65 would also directly contradict yesterday's rejection of 9988 at cv73 on the identical structure; consistency governs. f=0.30 (L5); val_adj 0 (NA_CCY). |\n| 9988 | BABA-SW | 112.60 | NO ACTION | 104.62 | 96.99 | 106.72 (+2.0%) | 111.61 (+6.7%) | 90.90 (-13.1%) | Rejected for the second consecutive session, now with decaying conviction (cv73 07-16 -> cv65 today) -- the 07-16 withhold is validated: BABA fell -3.7% (116..60) and the 104.11 limit never filled, so skipping cost nothing. The same structure stands: (1) the entry 104.62 is a deep sub-close pullback limit (-7.09%, ED -1.31) that fills only on a further ~7% drop; (2) Target_4w 111.61 sits BELOW the 112.60 close (-0.88%) and Target_12Week 90.90 is -19.3% vs close / -13.1% vs the entry -- both forward views point down; (3) R:R 0.92 (reward 6.99 vs risk 7.63); (4) counter-trend structure -- below EMA100 122.37 and EMA200 128.51, Momentum=Bearish, Consensus=Mixed. Note the model's internal contradiction: T12 90.90 sits far beneath its own Est_Low 103.13, the inverted-projection tell of book note B. A bear-rally pullback dressed as the L1 cell; withheld, not queued (a GTC whose 12wk target is 13% below its own entry is a negative-EV order). f=0.30 (L5); val_adj 0 (NA_CCY). |\n| 1211 | BYD | 88.70 | NO ACTION | 82.03 | 76.67 | 83.50 (+1.8%) | 86.94 (+6.0%) | 76.22 (-7.1%) | Floor-clearing BUY cv65 (Buy_Rank #3) on the L1-favored cell, withheld on the same three counts as the rest of today's pullback pool -- BYD's own numbers argue against the trade. (1) The entry 82.03 is -7.52% below the 88.70 close (ED -1.56), filling only on a further -7.5% slide; (2) Target_4w 86.94 sits BELOW the close (-1.98%) and Target_12Week 76.22 is -14.1% vs close / -7.1% vs entry -- the model projects it lower; (3) R:R 0.92 (reward 4.91 vs risk 5.36). Structure is counter-trend, not a pullback-in-uptrend: close is below EMA100 92.30 and EMA200 97.29 with Momentum=Bearish (24) and Consensus=Mixed. Sharpest tell: the engine's entry limit 82.03 sits BELOW its own Est_Low 84.77 -- it is asking to buy beneath the bottom of its own estimate band. The cv65 print appeared only because a -2.47% down day pulled price back toward VWAP. f=0.30 (L5); val_adj 0 (NA_CCY). |\n| 1810 | XIAOMI CORP-W | 26.88 | NO ACTION | 24.67 | 22.77 | 25.19 (+2.1%) | 26.40 (+7.0%) | 21.29 (-13.7%) | Floor-clearing BUY cv65 (Buy_Rank #4) and the worst forward view of today's pullback pool -- withheld. (1) The entry 24.67 is -8.22% below the 26.88 close (ED -1.46), filling only on a further -8% drop; (2) Target_4w 26.40 sits BELOW the close (-1.79%) and Target_12Week 21.29 is -20.8% vs close / -13.7% vs entry -- the deepest negative 12wk of the four pullback names; (3) R:R 0.91, the worst of the group. Structure: close is below EMA100 29.78 and EMA200 34.49, Momentum=Bearish (24), Consensus=Mixed, and Xiaomi sits -55% from its 59.90 52W high -- a bear-market rally, not a pullback in an uptrend. Same model contradiction as BYD: the entry 24.67 is below its own Est_Low 24.73. f=0.30 (L5); val_adj 0 (NA_CCY). |\n| — | hktech book | — | NO ACTION | — | — | n/a | n/a | n/a | NO ACTION (0 ACQUIRE / 0 DISPOSE) -- FIFTH consecutive session in 100% cash, through a broad HK-tech risk-off day (0100 -15.6%, 6869 -16.6%, 1347 -11.9%, 0700 -4.6%, 9988 -3.7%). The buy pool WIDENED to five floor-clearing names (0100 cv70; 0700/1211/1810/9988 all cv65) but did not IMPROVE: the engine flipped four names from NO TRADE cv0 -> BUY cv65 purely because the selloff dragged price back toward VWAP, and all four share one defect set -- (a) counter-trend structure: every one closes below BOTH EMA100 and EMA200 with Momentum=Bearish and Consensus=Mixed (bear-rally pullbacks inside long-term downtrends, book note B, not the pullback-in-uptrend the L1 cell should capture); (b) a negative model 12-week view on every name (0700 -4.0%, 1211 -14.1%, 9988 -19.3%, 1810 -20.8% vs close); (c) structurally sub-1 R:R on every row (0.91-0.92), because the tuned HK exits set the stop at 1.25 ATR below entry against a 4wk target only 1.145 ATR above -- a config artifact that makes the L1-favored PullbackBuy_VWAP cell mathematically unbuyable in this book (systemic note 1, the run's key finding). 0100 is a third-strike falling knife (stop -62.3% of close = un-sizable, T12 -43%, RSI 30.1, ~3% off its 52W low). Three of the five (1211/1810/9988) print an entry limit BELOW their own Est_Low. The one structurally sound long -- 0992 Lenovo, the only bullish name above EMA50/100/200 with Consolidation_Bullish consensus and the only positive forward view in the book (T4 +17.6%, T12 +41.4%) -- is blocked at cv55, 10 points sub-floor; re-arm on a fresh PullbackBuy_VWAP BUY reclaiming cv>=65. Sell pool empty (zero holdings). ANTICIPATE slot empty (no BUY - ANTICIPATE prints). Every prior withhold is now validated by tape: 7709 -31.3%, 0100 -17.1%, 9988 -3.7% since their rejects. HKdry fully retained. Valuation technical-only (NA_CCY, quality gate off, val_adj 0). Overlay stale (12d); the 0700 add-override fired its trigger but cannot originate an entry on an unheld name. Horizon: SK Hynix Q2 07-22 reads through to 0981/1347/7709, all sub-floor -- wait for the print. f=0.30 (calib_1w -0.45). |\n\n_Track record: 3 graded decisions · 1-week calibration -0.450._\n\n> Educational content, not financial advice. Position sizes and account details are omitted; prices shown are model estimates, not guarantees.",
      "date_published": "2026-07-17T00:00:00.000Z",
      "tags": [
        "hktech",
        "hk",
        "eod"
      ]
    },
    {
      "id": "hktech-2026-07-16",
      "url": "https://www.algo2alpha.com/p/hktech/2026-07-16/",
      "title": "HK Tech — 2026-07-16",
      "summary": "EOD 2026-07-16",
      "content_text": "## HKTECH End-of-Day Verdict — 2026-07-16\n\nEOD 2026-07-16\n\n| Ticker | Name | Close | Action | Action Price | Stop | 1wk | 4wk | 12wk | Rationale |\n|---|---|---|---|---|---|---|---|---|---|\n| 9988 | BABA-SW | 116.90 | NO ACTION | 104.11 | 96.85 | 106.11 (+1.9%) | 110.77 (+6.4%) | 92.71 (-10.9%) | The book's sole floor-clearing print (BUY cv73, Buy_Rank #1) and on the L1-favored PullbackBuy_VWAP cell for once, yet REJECTED on a negative model forward view + sub-1 R:R -- the model itself projects Alibaba lower. (1) Both targets sit below the 116.90 close: Target_4w 110.77 (-5.2%) and Target_12Week 92.71 (-20.7%), the latter even below the model's own Est_Low 106.35 (a defective/inverted 12wk projection, book note B falling-knife tell). (2) The entry 104.11 is a deep sub-close pullback limit (~= VWAP 102.66; price sits +13.87% above VWAP, ED -2.2 ATR) -- it only fills on a ~11% drop, and even then the 12wk target 92.71 is -11% below the entry. (3) R:R < 1: reward to T4 6.66 vs risk to stop 7.26 = 0.92. A stretched-above-VWAP name whose forward view is negative; withheld, not queued (a GTC at 104.11 with a 12wk model target below the entry is a negative-EV order). Ledgered direction=none/optional so the counterfactual grader prices what skipping cost. f=0.30 (L5). |\n| — | hktech book | — | NO ACTION | — | — | n/a | n/a | n/a | NO ACTION -- 0 ACQUIRE / 0 DISPOSE; confirms/extends the 07-13, 07-14 and 07-15 NO ACTION, FOURTH consecutive session in 100% cash. Sell pool empty (zero holdings). The only floor-clearing buy print (9988 BABA BUY cv73, PullbackBuy_VWAP #1 -- the L1-favored cell for once) is rejected on a negative model forward view: both Target_4w (110.77) and Target_12Week (92.71) sit BELOW the 116.90 close (T12 -20.7%, below the model's own Est_Low 106.35), the entry 104.11 is a deep sub-close limit needing an ~11% drop to fill, and R:R is 0.92 < 1 -- a negative-EV setup, not queued. No other name clears the 65 floor (1347 cv55 extended, 0100 WATCH cv60 unusable-stop falling knife, 0992 cv48, rest AVOID/WATCH/NO TRADE). The 07-15-rejected 0100 faded cv90 -> WATCH cv60, validating the reject. HKdry fully retained. Valuation technical-only (NA_CCY, quality gate off, val_adj 0). Overlay stale (11d). f=0.30 (calib_1w -0.45). |\n\n_Track record: 3 graded decisions · 1-week calibration -0.450._\n\n> Educational content, not financial advice. Position sizes and account details are omitted; prices shown are model estimates, not guarantees.",
      "date_published": "2026-07-16T00:00:00.000Z",
      "tags": [
        "hktech",
        "hk",
        "eod"
      ]
    },
    {
      "id": "hktech-2026-07-15",
      "url": "https://www.algo2alpha.com/p/hktech/2026-07-15/",
      "title": "HK Tech — 2026-07-15",
      "summary": "EOD 2026-07-15",
      "content_text": "## HKTECH End-of-Day Verdict — 2026-07-15\n\nEOD 2026-07-15\n\n| Ticker | Name | Close | Action | Action Price | Stop | 1wk | 4wk | 12wk | Rationale |\n|---|---|---|---|---|---|---|---|---|---|\n| 0100 | MINIMAX-W | 260.60 | NO ACTION | 260.60 | 94.52 | 293.87 (+12.8%) | 371.49 (+42.6%) | 148.54 (-43.0%) | Sole floor-clearing print and the book's highest conviction (STRONG BUY cv90, Buy_Rank #1) but REJECTED on the same three hard blocks that killed 7709 on 07-14. (1) Stop_Price 94.52 is -63.7% below the 260.6 close (ATR 50.44 ~= 19% of price; the ATR-multiple stop lands two-thirds under the entry) -- the entry cannot be risk-defined, violating CLAUDE.md section 9. (2) Target_12Week 148.54 is -43% below the 260.6 close (negative 12wk falling knife, book note B). (3) Single-print flip AVOID(74) -> STRONG BUY(90) in one session, RSI 33.2 deeply oversold, entry = close (EDist -0.0), ReversalUp_Oversold (not the L1-favored PullbackBuy cell). A deep-downtrend oversold bounce on a warrant, not buyable long-only; ledgered direction=none/optional for counterfactual grading. f=0.30 (L5). |\n| — | hktech book | — | NO ACTION | — | — | n/a | n/a | n/a | NO ACTION -- 0 ACQUIRE / 0 DISPOSE; confirms/extends the 07-13 and 07-14 NO ACTION, THIRD consecutive session in 100% cash. Sell pool empty (zero holdings). The only floor-clearing buy print (0100 MINIMAX STRONG BUY cv90) is a ReversalUp_Oversold falling-knife bounce hard-blocked on an un-sizable stop (94.52 = -64% of close) + negative 12wk (-43%); no other name clears the 65 floor (0992 cv61, 2513 cv63, 0981 NO TRADE cv0, rest AVOID/WATCH/NO TRADE). The 07-14-rejected 7709 collapsed cv86 -> WATCH cv59, validating the reject. HKdry fully retained. Valuation technical-only (NA_CCY, quality gate off, val_adj 0). f=0.30 (calib_1w -0.45). |\n\n_Track record: 3 graded decisions · 1-week calibration -0.450._\n\n> Educational content, not financial advice. Position sizes and account details are omitted; prices shown are model estimates, not guarantees.",
      "date_published": "2026-07-15T00:00:00.000Z",
      "tags": [
        "hktech",
        "hk",
        "eod"
      ]
    },
    {
      "id": "hktech-2026-07-14",
      "url": "https://www.algo2alpha.com/p/hktech/2026-07-14/",
      "title": "HK Tech — 2026-07-14",
      "summary": "EOD 2026-07-14",
      "content_text": "## HKTECH End-of-Day Verdict — 2026-07-14\n\nEOD 2026-07-14\n\n| Ticker | Name | Close | Action | Action Price | Stop | 1wk | 4wk | 12wk | Rationale |\n|---|---|---|---|---|---|---|---|---|---|\n| 7709 | XL2CSOPHYNIX | 65.20 | NO ACTION | 65.20 | -8.86 | n/a | 107.91 (+65.5%) | 41.80 (-35.9%) | Highest-conviction print in the book (STRONG BUY cv86, Buy_Rank #1) but REJECTED on three hard blocks. This is a 2x leveraged ETF: (1) Stop_Price -8.86 is negative/unusable (ATR 21.34 ~= 33% of the 65.2 close, so the ATR-multiple stop underflows) -- the entry cannot be risk-defined, violating CLAUDE.md section 9. (2) Target_12Week 41.8 is -36% below the 65.2 close (negative 12wk falling knife, book note B). (3) Single-print flip from AVOID (cv66/57/69) to STRONG BUY cv86; price below every EMA and -41% below VWAP, Consolidation_Bearish regime, wild intraday range (H66.18/L48.72). A deep-downtrend oversold bounce on a 2x leveraged instrument, not the L1-favored PullbackBuy cell. Not buyable long-only; ledgered direction=none/optional for counterfactual grading. f=0.30 (L5). |\n| — | hktech book | — | NO ACTION | — | — | n/a | n/a | n/a | NO ACTION -- 0 ACQUIRE / 0 DISPOSE; confirms/extends the 07-13 NO ACTION, second consecutive session in 100% cash. Sell pool empty (zero holdings). The only floor-clearing buy print (7709 STRONG BUY cv86) is a 2x-leveraged-ETF oversold bounce hard-blocked on an unusable negative stop (-8.86) + negative 12wk (-36%); no other name clears the 65 floor (0992 cv53, 0981 cv45, 2513 cv45, rest AVOID/WATCH falling knives). HKdry fully retained into/after the 07-14 June CPI print, honoring the overlay de-risk-into-CPI bias. Valuation technical-only (NA_CCY, quality gate off, val_adj 0). f=0.30 (calib_1w -0.45). |\n\n_Track record: 1 graded decisions · 1-week calibration -0.450._\n\n> Educational content, not financial advice. Position sizes and account details are omitted; prices shown are model estimates, not guarantees.",
      "date_published": "2026-07-14T00:00:00.000Z",
      "tags": [
        "hktech",
        "hk",
        "eod"
      ]
    },
    {
      "id": "hktech-2026-07-13",
      "url": "https://www.algo2alpha.com/p/hktech/2026-07-13/",
      "title": "HK Tech — 2026-07-13",
      "summary": "EOD 2026-07-13",
      "content_text": "## HKTECH End-of-Day Verdict — 2026-07-13\n\nEOD 2026-07-13\n\n| Ticker | Name | Close | Action | Action Price | Stop | 1wk | 4wk | 12wk | Rationale |\n|---|---|---|---|---|---|---|---|---|---|\n| 0981 | SMIC | 78.35 | NO ACTION | 81.75 | 72.08 | 84.41 (+3.3%) | 90.62 (+10.9%) | 87.63 (+7.2%) | SMIC on the L1 PullbackBuy_VWAP cell but reversed BUY cv64 -> cv55, now 10 pts below the 65 floor AND more extended -- buy-stop 81.75 sits +4.3% above the 78.35 close (EDist +0.44, up from +0.24), price fading 79..35 into the 07-16 TSMC Q2 read-through. 12wk 87.63 is below Target_Price 90.62 (inverted forward view). Withheld sub-floor + extended into the semis catalyst; ledgered direction=none/optional so the counterfactual grader prices what skipping cost. f=0.30 (L5). |\n| — | hktech book | — | NO ACTION | — | — | n/a | n/a | n/a | NO ACTION -- 0 ACQUIRE / 0 DISPOSE. The sole floor-clearing name (0992 Lenovo, the carried queue) broke down to WATCH cv61 and its GTC @23.47 is withdrawn; no new name replaced it (0981 SMIC cv55 sub-floor + extended, rest AVOID/WATCH falling knives). Sell pool empty (zero holdings). HKdry fully retained (100% cash) into the 07-14 June CPI print, honoring the overlay de-risk-into-CPI bias. Valuation technical-only (NA_CCY). |\n\n_Track record: 1 graded decisions · 1-week calibration -0.450._\n\n> Educational content, not financial advice. Position sizes and account details are omitted; prices shown are model estimates, not guarantees.",
      "date_published": "2026-07-13T00:00:00.000Z",
      "tags": [
        "hktech",
        "hk",
        "eod"
      ]
    },
    {
      "id": "hktech-2026-07-10",
      "url": "https://www.algo2alpha.com/p/hktech/2026-07-10/",
      "title": "HK Tech — 2026-07-10",
      "summary": "EOD 2026-07-10",
      "content_text": "## HKTECH End-of-Day Verdict — 2026-07-10\n\nEOD 2026-07-10\n\n| Ticker | Name | Close | Action | Action Price | Stop | 1wk | 4wk | 12wk | Rationale |\n|---|---|---|---|---|---|---|---|---|---|\n| 0992 | Lenovo Group | 24.48 | BUY — QUEUED @23.47 | 23.47 | 21.26 | 24.08 (+2.6%) | 25.49 (+8.6%) | 34.88 (+48.6%) | Lenovo held a stable STRONG BUY (cv79, Buy_Rank #1) for a second straight session on the L1-favored PullbackBuy_VWAP cell -- a below-close pullback entry (23.47 vs 24.48 close, EDist -0.57), not a chase -- with news confirming (Zacks Rank #1, +137% YTD, enterprise PC refresh + AI-device/infra tailwind). The 07-09 GTC @23.35 did not fill (price rose away); repriced to the live model entry 23.47 per the provenance/queue-expiry rule, expiry reset to 2026-07-15 (anchor +3 sessions). = HK = ~14% of the 2M book; 86% cash retained into the 07-14 CPI print. GTC limit fills only on a ~-4.1% dip (self-limiting into the event); reprice/re-validate if the 07-13 open gaps >~1.5% (L8). Valuation NA_CCY (val_adj 0, quality gate off); f=0.30 (L5, calib_1w -0.45). Stop 21.26 (-9.4%). T12 34.88 exceeds Est_High 26.50 -- no DCF anchor. |\n| 0981 | SMIC | 79.65 | NO ACTION | 81.52 | 71.97 | 84.15 (+3.2%) | 90.27 (+10.7%) | 90.30 (+10.8%) | SMIC strengthened on the L1 PullbackBuy_VWAP cell (BUY cv56->64, 2 rising prints, Buy_Rank #2) but fell 1 pt short of the 65 floor AND is extended -- the buy-limit 81.52 sits +2.3% above the 79.65 close (EDist +0.24, must rally to trigger), into the 07-16 TSMC Q2 read-through (Event Horizon: add-after-print). Withheld as sub-floor + extended into a semis catalyst; ledgered direction=none/optional so the counterfactual grader prices what skipping the near-miss cost. f=0.30 (L5). |\n| PORTFOLIO | hktech book | — | 1 ACQUIRE / 0 DISPOSE | — | — | n/a | n/a | n/a | Carries the 07-09 verdict: 0992 Lenovo held a stable STRONG BUY cv79 for a second session; the unfilled GTC @23.35 is repriced to the live entry 23.47 (, HK, ~14% of book), expiry reset to 2026-07-15. 0981 SMIC climbed to cv64 but stayed 1 below floor + extended into TSMC 07-16. 2513 collapsed to WATCH cv45 (placement-overhang demote validated). 0 DISPOSE (zero holdings, empty sell pool). HKdry, 86% retained into 07-14 CPI. Valuation technical-only (NA_CCY). |\n\n_Track record: 1 graded decisions · 1-week calibration -0.450._\n\n> Educational content, not financial advice. Position sizes and account details are omitted; prices shown are model estimates, not guarantees.",
      "date_published": "2026-07-10T00:00:00.000Z",
      "tags": [
        "hktech",
        "hk",
        "eod"
      ]
    },
    {
      "id": "hktech-2026-07-09",
      "url": "https://www.algo2alpha.com/p/hktech/2026-07-09/",
      "title": "HK Tech — 2026-07-09",
      "summary": "EOD 2026-07-09",
      "content_text": "## HKTECH End-of-Day Verdict — 2026-07-09\n\nEOD 2026-07-09\n\n| Ticker | Name | Close | Action | Action Price | Stop | 1wk | 4wk | 12wk | Rationale |\n|---|---|---|---|---|---|---|---|---|---|\n| 0992 | Lenovo Group | 24.04 | BUY — QUEUED @23.35 | 23.35 | 21.28 | 23.92 (+2.4%) | 25.25 (+8.1%) | 34.26 (+46.7%) | Book's first. Lenovo is a clean STRONG BUY on the L1-favored PullbackBuy_VWAP cell (Buy_Rank #1, conv 79) with a non-extended pullback-limit entry, and the news confirms it: +137% YTD, Zacks Rank #1 Strong Buy, enterprise PC refresh + AI-device/infra tailwind, two-year revenue ambition. Queue a buy-limit at 23.35 (below the 24.04 settled close, EDist -0.42, RSI 58.5 not overbought) so we buy on a ~-2.9% pullback, not a chase. ( x 2,000) x 23.35 = HK = 14% of the 2M book; measured first ticket, 86% dry into the 07-14 CPI print per overlay 'stage adds between rate events'. NA_CCY -> val_adj 0, quality gate off; scorecard_bias 0 (PullbackBuy_VWAP/buy cell report-only n=1). f=0.30 (calib_1w degenerate, L5). 12wk 34.26 exceeds Est_High 24.67 -- projection assumes growth beyond model range, no DCF anchor (NA_CCY). GTC limit, expires 2026-07-14 (anchor + 3 sessions); reprice/re-validate if 07-10 open gaps >~1.5% (L8). |\n| PORTFOLIO | hktech book | — | WATCH | — | — | n/a | n/a | n/a | First verdict after 4 straight NO ACTION days: queue 0992 Lenovo (STRONG BUY cv79, L1 PullbackBuy, news-confirmed) as a HKGTC pullback-limit; 2513 cleared floor but demoted on the Zhipu placement news. 0 DISPOSE (zero holdings, empty sell pool). HKdry, ~14% if 0992 fills, 86% retained into 07-14 CPI. |\n\n_Track record: 1 graded decisions · 1-week calibration n/a._\n\n> Educational content, not financial advice. Position sizes and account details are omitted; prices shown are model estimates, not guarantees.",
      "date_published": "2026-07-09T00:00:00.000Z",
      "tags": [
        "hktech",
        "hk",
        "eod"
      ]
    },
    {
      "id": "hktech-2026-07-08",
      "url": "https://www.algo2alpha.com/p/hktech/2026-07-08/",
      "title": "HK Tech — 2026-07-08",
      "summary": "EOD 2026-07-08",
      "content_text": "## HKTECH End-of-Day Verdict — 2026-07-08\n\nEOD 2026-07-08\n\n| Ticker | Name | Close | Action | Action Price | Stop | 1wk | 4wk | 12wk | Rationale |\n|---|---|---|---|---|---|---|---|---|---|\n| 2513 | Knowledge Atlas Technology | 1825.00 | NO ACTION | 1848.52 | 1404.28 | 1970.68 (+6.6%) | 2255.73 (+22.0%) | 2600.62 (+40.7%) | Best bullish-actionable print but rejected: PullbackBuy_VWAP (L1-favored cell) BUY conv 60 is 5 pts below the 65 floor, Buy_Rank #1. The 07--06 withdrawn-queue name re-arming: WATCH cv50 (07-07) -> BUY cv60 today. Entry 1848.52 vs 1825 close, not extended (EDist 0.07) and not overbought (RSI 53.8) -> clean setup, just short of the bar. Stop 1404.28 (-24.0%, wide high-ATR name, ATR 355.4). Overlay ('no new leverage into 07-08 FOMC minutes') + Event Horizon (TSMC 07-16 add-after-print) both say wait for the print. val_adj 0 (NA_CCY), scorecard_bias 0, f=0.30. Ledgered direction=none/optional so the counterfactual grader prices what not-buying cost or saved. T12 2600.62 exceeds Est_High 2372.5 (no DCF anchor, NA_CCY; loss-making speculative issuer). |\n| — | hktech book | — | NO ACTION | — | — | n/a | n/a | n/a | NO ACTION verdict. Standalone fresh inception book (ADR-0014), no holdings -> empty sell pool; buy pool has two names both below the 65 floor: 2513 (PullbackBuy_VWAP BUY cv60, 5 below floor) and 0522 (PullbackBuy_VWAP BUY cv55, 10 below floor + extended EDist 0.87). HKseed cash fully retained (0%). Overlay + Event Horizon both reinforce the wait (no new leverage into 07-08 FOMC minutes; CPI 07-14; TSMC 07-16 add-after-print). |\n\n_Track record: 1 graded decisions · 1-week calibration n/a._\n\n> Educational content, not financial advice. Position sizes and account details are omitted; prices shown are model estimates, not guarantees.",
      "date_published": "2026-07-08T00:00:00.000Z",
      "tags": [
        "hktech",
        "hk",
        "eod"
      ]
    },
    {
      "id": "hktech-2026-07-07",
      "url": "https://www.algo2alpha.com/p/hktech/2026-07-07/",
      "title": "HK Tech — 2026-07-07",
      "summary": "EOD 2026-07-07",
      "content_text": "## HKTECH End-of-Day Verdict — 2026-07-07\n\nEOD 2026-07-07\n\n| Ticker | Name | Close | Action | Action Price | Stop | 1wk | 4wk | 12wk | Rationale |\n|---|---|---|---|---|---|---|---|---|---|\n| 1347 | Hua Hong Semiconductor | 180.00 | NO ACTION | 180.00 | 173.00 | 192.08 (+6.7%) | 220.28 (+22.4%) | 256.50 (+42.5%) | Sole bullish-actionable print but rejected: FailedBreakdown_Up_20D BUY conv 61 is 4 pts below the 65 floor and a single-print flip (NO TRADE cv0 on 07-03/04/06 -> BUY cv61 today, low stability). Entry 180.0 = close, not extended (EDist 0.0, RSI 56.5), stop 173.0. L1-discounted chase cell; the former hktech +10 FailedBreakdown edge (learnings D1) has zero support in the fresh-book scorecard (bias 0) and P1 (inert) records it decaying. Overlay ('no new leverage into 07-08 FOMC minutes') + Event Horizon (TSMC Q2 07-16 = add-after-print, Hynix ADR read-through 07-10 -4..+6%) both say wait for the print, don't pre-position. val_adj 0 (NA_CCY), f=0.30. Ledgered direction=none/optional so the counterfactual grader prices what not-buying cost or saved. T12 256.5 exceeds Est_High 213.96 (no DCF anchor, NA_CCY). |\n| — | hktech book | — | NO ACTION | — | — | n/a | n/a | n/a | NO ACTION verdict. Standalone fresh inception book, no holdings -> empty sell pool; buy pool has only 1347 (FailedBreakdown_Up_20D BUY cv61, single-print flip, 4 pts below the 65 floor). HKseed cash fully retained (0%). Overlay + Event Horizon both reinforce the wait (no new leverage into 07-08 FOMC minutes; TSMC 07-16 add-after-print). |\n\n_Track record: 1 graded decisions · 1-week calibration n/a._\n\n> Educational content, not financial advice. Position sizes and account details are omitted; prices shown are model estimates, not guarantees.",
      "date_published": "2026-07-07T00:00:00.000Z",
      "tags": [
        "hktech",
        "hk",
        "eod"
      ]
    },
    {
      "id": "hktech-2026-07-06",
      "url": "https://www.algo2alpha.com/p/hktech/2026-07-06/",
      "title": "HK Tech — 2026-07-06",
      "summary": "EOD 2026-07-06",
      "content_text": "## HKTECH End-of-Day Verdict — 2026-07-06\n\nEOD 2026-07-06\n\n| Ticker | Name | Close | Action | Action Price | Stop | 1wk | 4wk | 12wk | Rationale |\n|---|---|---|---|---|---|---|---|---|---|\n| 0992 | Lenovo Group Limited | 20.46 | NO ACTION | 23.81 | 21.84 | n/a | 25.63 (+7.6%) | 29.16 (+22.5%) | Sole bullish-actionable print but rejected: PullbackBuy_VWAP BUY conv 55 is 10 pts below the 65 floor, and structurally broken - buy-limit 23.81 sits +16% above the 20.46 close (Entry_Distance_ATR 2.12), price must rally ~16% to trigger. val_adj 0 (NA_CCY), scorecard_bias 0 (n=1 report-only). Ledgered direction=none/optional so the counterfactual grader prices what not-buying cost or saved. |\n| — | hktech book | — | NO ACTION | — | — | n/a | n/a | n/a | NO ACTION verdict. Fresh inception book, no holdings -> empty sell pool; buy pool has only 0992 (cv55, below 65 floor + extended). HKseed cash fully retained. Overlay reinforces the wait (no new leverage into 07-08 FOMC minutes). The 07-04 2513 queue withdrawn (separate reconcile line). |\n\n_Track record: 1 graded decisions · 1-week calibration n/a._\n\n> Educational content, not financial advice. Position sizes and account details are omitted; prices shown are model estimates, not guarantees.",
      "date_published": "2026-07-06T00:00:00.000Z",
      "tags": [
        "hktech",
        "hk",
        "eod"
      ]
    },
    {
      "id": "hktech-2026-07-04",
      "url": "https://www.algo2alpha.com/p/hktech/2026-07-04/",
      "title": "HK Tech — 2026-07-04",
      "summary": "EOD 2026-07-04",
      "content_text": "## HKTECH End-of-Day Verdict — 2026-07-04\n\nEOD 2026-07-04\n\n| Ticker | Name | Close | Action | Action Price | Stop | 1wk | 4wk | 12wk | Rationale |\n|---|---|---|---|---|---|---|---|---|---|\n| 2513 | Knowledge Atlas Technology | 1793.00 | BUY — QUEUED @1827.28 | 1827.28 | 1372.94 | 1952.22 (+6.8%) | 2243.73 (+22.8%) | 2555.03 (+39.8%) | Fresh-book (ADR-0014) inception buy. Stable rising STRONG BUY: 06-30 WATCH/-02 BUY/-03 SB/-04 SB/71 (2 consecutive SB prints), PullbackBuy_VWAP (L1-favored reliable cell), Buy_Rank #1, Trending/mid_vol. Not extended (EDist 0.09) and not overbought (RSI 53.2<75) -> clean acquire, not a chase; the -17.2% weekly slide is the pullback the VWAP signal buys. Valuation NA_CCY (HK valuation-blind) -> val_adj 0, quality gate off. News neutral: China AI large-model firm, loss-making (CN¥1.9B loss / ¥724M rev), highly volatile speculative name -> caution not veto, risk contained by wide stop + single-lot size. Sized 0.7469*800k*0.20=., rounds up to =182,728 HKD = 22.8% of book (~45.4k / 5.7% at risk to stop 1372.94, -24.9%/1.25 ATR). f=0.30 (no scorecard, calib degenerate). Executes Mon 07-06 open; reprice if gap >1.5%; horizons+grade from execution. |\n\n> Educational content, not financial advice. Position sizes and account details are omitted; prices shown are model estimates, not guarantees.",
      "date_published": "2026-07-04T00:00:00.000Z",
      "tags": [
        "hktech",
        "hk",
        "eod"
      ]
    },
    {
      "id": "hktech-2026-07-03",
      "url": "https://www.algo2alpha.com/p/hktech/2026-07-03/",
      "title": "HK Tech — 2026-07-03",
      "summary": "DISPOSE 2 (0700 Tencent REDUCE ~90% ->; 3750 CATL de-risk TRIM 30% ->); ACQUIRE 1 (2513 Knowledge Atlas QUEUED buy-stop @1827.28,). 7709 pending 07-02 trim RELEASED (recovered). Net-new executed once at hk parent.",
      "content_text": "## HKTECH End-of-Day Verdict — 2026-07-03\n\nDISPOSE 2 (0700 Tencent REDUCE ~90% ->; 3750 CATL de-risk TRIM 30% ->); ACQUIRE 1 (2513 Knowledge Atlas QUEUED buy-stop @1827.28,). 7709 pending 07-02 trim RELEASED (recovered). Net-new executed once at hk parent.\n\n| Ticker | Name | Close | Action | Action Price | Stop | 1wk | 4wk | 12wk | Rationale |\n|---|---|---|---|---|---|---|---|---|---|\n| 0700 | Tencent | 431.20 | SELL 89.93% | 431.20 | 430.00 | n/a | n/a | 311.61 (-27.7%) | re-affirm 07-02 REDUCE; shared/hk execute once; sell cell +10; overlay override 27d-stale |\n| 3750 | CATL | 675.50 | SELL 30% | 675.50 | 691.71 | n/a | n/a | 690.58 (+2.2%) | armed(T12prog97.82)+2xNO TRADE+2.34pct below stop+12wk near-dead; underwater vs cost 751.8; trim not full exit; shared/hk once |\n| 2513 | KNOWLEDGE ATLAS | 1793.00 | BUY — QUEUED @1827.28 | 1827.28 | 1372.94 | 1952.22 (+6.8%) | 2243.73 (+22.8%) | 2555.03 (+39.8%) | strengthening WATCH->BUY->STRONG BUY cv53-> rank1; pure-play AI rotation; cap no pyramiding; shared/hk once |\n| 7709 | XL2CSOPHYNIX | 116.80 | HOLD | 116.80 | 102.50 | n/a | n/a | 166.44 (+42.5%) | recovered +6.6pct cv39->57 bullish flip above stop; leveraged-ETF crash de-risk basis gone; override untriggered; also hklev |\n| 6869 | YOFC | 201.20 | HOLD | — | 188.45 | n/a | n/a | 212.99 | PROFIT_ARMED T12prog94.46 but not fired (1 NO TRADE, price up); mandatory trail-raise not trim |\n| 1347 | Hua Hong | 178.00 | HOLD | — | 157.78 | n/a | n/a | 253.65 | +11.25pct vs cost; 12wk positive; not armed |\n| 0992 | Lenovo | 21.30 | HOLD | — | 21.48 | n/a | n/a | 30.35 | 0.84pct marginal breach, 12wk positive -> not L2 exit; stale-stop artifact |\n\n_Track record: 33 graded decisions · 1-week calibration -1.286._\n\n> Educational content, not financial advice. Position sizes and account details are omitted; prices shown are model estimates, not guarantees.",
      "date_published": "2026-07-03T00:00:00.000Z",
      "tags": [
        "hktech",
        "hk",
        "eod"
      ]
    },
    {
      "id": "hktech-2026-07-02",
      "url": "https://www.algo2alpha.com/p/hktech/2026-07-02/",
      "title": "HK Tech — 2026-07-02",
      "summary": "DISPOSE 2 (Tencent REDUCE 90% ->; 7709 leveraged-ETF TRIM 50% ->); ACQUIRE none (buy pool falling knives). 06-30 queued ASMPT/SMIC adds CANCELLED (flipped NO TRADE post-rout). Net-new hktech shares = executed once at hk parent.",
      "content_text": "## HKTECH End-of-Day Verdict — 2026-07-02\n\nDISPOSE 2 (Tencent REDUCE 90% ->; 7709 leveraged-ETF TRIM 50% ->); ACQUIRE none (buy pool falling knives). 06-30 queued ASMPT/SMIC adds CANCELLED (flipped NO TRADE post-rout). Net-new hktech shares = executed once at hk parent.\n\n| Ticker | Name | Close | Action | Action Price | Stop | 1wk | 4wk | 12wk | Rationale |\n|---|---|---|---|---|---|---|---|---|---|\n| 0700 | Tencent | 430.20 | REDUCE 90% | 430.20 | 430.00 | n/a | n/a | 305.24 (-29.0%) | — |\n| 7709 | XL2CSOPHYNIX | 109.60 | TRIM 50% | 109.60 | 101.17 | 123.60 (+12.8%) | 174.17 (+58.9%) | 156.18 (+42.5%) | — |\n| 0522 | ASMPT | 194.20 | HOLD | — | 160.30 | n/a | n/a | 276.73 | — |\n| 0981 | SMIC | 80.40 | HOLD | — | 69.27 | n/a | n/a | 103.38 | — |\n| 1347 | Hua Hong | 186.10 | HOLD | — | 157.78 | n/a | n/a | 265.19 | — |\n| 0992 | Lenovo | 22.02 | HOLD | 24.35 | 21.48 | n/a | n/a | 31.38 (+28.9%) | — |\n| 3750 | CATL | 681.00 | HOLD | — | 691.71 | n/a | n/a | 712.61 | — |\n| 6869 | YOFC | 198.30 | HOLD | 194.27 | 188.45 | n/a | n/a | 232.65 (+19.8%) | — |\n| 9988 | BABA | 94.50 | NO BUY | 94.50 | 88.05 | n/a | 104.84 (+10.9%) | 53.86 (-43.0%) | — |\n\n_Track record: 35 graded decisions · 1-week calibration 0.217._\n\n> Educational content, not financial advice. Position sizes and account details are omitted; prices shown are model estimates, not guarantees.",
      "date_published": "2026-07-02T00:00:00.000Z",
      "tags": [
        "hktech",
        "hk",
        "eod"
      ]
    },
    {
      "id": "hktech-2026-06-30",
      "url": "https://www.algo2alpha.com/p/hktech/2026-06-30/",
      "title": "HK Tech — 2026-06-30",
      "summary": "NO NET-NEW hktech action — full mirror of hk parent (SMIC add, ASMPT queued, Tencent exit all shared shares executed once at hk; 7709 HOLD, conflict resolved). No new (buy pool falling-knives). Net incremental = 0.",
      "content_text": "## HKTECH End-of-Day Verdict — 2026-06-30\n\nNO NET-NEW hktech action — full mirror of hk parent (SMIC add, ASMPT queued, Tencent exit all shared shares executed once at hk; 7709 HOLD, conflict resolved). No new (buy pool falling-knives). Net incremental = 0.\n\n| Ticker | Name | Close | Action | Action Price | Stop | 1wk | 4wk | 12wk | Rationale |\n|---|---|---|---|---|---|---|---|---|---|\n| 0700 | Tencent | 430.20 | EXIT | 429.80 | 429.80 | n/a | n/a | 298.86 (-30.5%) | — |\n| 0981 | SMIC | 80.40 | WATCH — queued order lapsed | — | — | n/a | n/a | n/a | Queued buy @89.29 lapsed — closed 80.40 below the level; awaiting reprice at the next end-of-day run. |\n| 0522 | ASMPT | 194.20 | WATCH — queued order lapsed | — | — | n/a | n/a | n/a | Queued buy @224.27 lapsed — closed 194.20 below the level; awaiting reprice at the next end-of-day run. |\n| 7709 | XL2CSOPHYNIX | 109.60 | HOLD | 149.00 | 140.99 | n/a | 202.41 (+35.8%) | 212.32 (+42.5%) | — |\n\n_Track record: 35 graded decisions · 1-week calibration 0.217._\n\n> Educational content, not financial advice. Position sizes and account details are omitted; prices shown are model estimates, not guarantees.",
      "date_published": "2026-06-30T00:00:00.000Z",
      "tags": [
        "hktech",
        "hk",
        "eod"
      ]
    },
    {
      "id": "hktech-2026-06-25",
      "url": "https://www.algo2alpha.com/p/hktech/2026-06-25/",
      "title": "HK Tech — 2026-06-25",
      "summary": "Mirror of hk (SAME shares, execute once): 1 DISPOSE (Tencent exit) + RIDE China-semi winners on raised trails (7709 BUY-ADD but past 4wk target -> trail/no add; YOFC/SMIC/ASMPT/Hua Hong HOLD) + NO new add (buy pool inversions). ~HK; ~HK dry. Sync.",
      "content_text": "## HKTECH End-of-Day Verdict — 2026-06-25\n\nMirror of hk (SAME shares, execute once): 1 DISPOSE (Tencent exit) + RIDE China-semi winners on raised trails (7709 BUY-ADD but past 4wk target -> trail/no add; YOFC/SMIC/ASMPT/Hua Hong HOLD) + NO new add (buy pool inversions). ~HK; ~HK dry. Sync.\n\n| Ticker | Name | Action | Action Price | Stop | 1wk | 4wk | 12wk | Rationale |\n|---|---|---|---|---|---|---|---|---|\n| 0700 | Tencent | DISPOSE | 421.40 | 448.62 | n/a | n/a | n/a | — |\n| 7709 | XL2CSOPHYNIX 2x ETF | HOLD | 182.40 | 165.00 | n/a | n/a | n/a | — |\n| 6869 | YOFC | HOLD | 287.60 | 226.63 | n/a | n/a | n/a | — |\n| 0981 | SMIC | HOLD | 86.00 | 83.80 | n/a | n/a | n/a | — |\n\n_Track record: 29 graded decisions · 1-week calibration 1.030._\n\n> Educational content, not financial advice. Position sizes and account details are omitted; prices shown are model estimates, not guarantees.",
      "date_published": "2026-06-25T00:00:00.000Z",
      "tags": [
        "hktech",
        "hk",
        "eod"
      ]
    }
  ]
}