Sure and likely to be since as it seems like Hong Kong 2026 is slowly and steadily becoming the NASDAQ of China’s industrial tech — such as the AI infrastructure + semiconductor supply chain. 

I wouldn’t rush in blindly at $1.75T, but I also wouldn’t ignore it.

Yes, $120 to $150 range for oil is very possible. However, it depends almost entirely on one thing: the Strait of Hormuz.

No, the memory thesis hasn’t fundamentally changed. Instead, memory thesis has become more nuanced. That is, in the near-term, sentiment shock (prices down, fears of lower demand), while in the medium/long-term, AI memory demand likely still structurally strong, possibly even higher.