100,000 challenge 20x, Day 48

4.1 Trade Log [Taoguba]
Last night, I had a few drinks with a friend. My alcohol tolerance isn’t good, so I didn’t continue.
This morning, both West and Chaojie were fully take-profit. After that, I’ll still keep doing business aviation.
New position yesterday: Meili Cloud
New position today: Tongniu Information (If you followed the buy today, there wasn’t much premium—so this is still about choosing by fundamentals.)

Can tomorrow break through Black Thursday?

On the market front, overseas markets surged and boosted sentiment, and most theme concepts rebounded. Medical concepts such as cellular immunotherapy, CROs, innovative drugs, and weight-loss drugs all exploded across the board. Computing hardware concepts such as optical modules, PCB, liquid cooling, and electronic components all surged. Domestic high-tech concepts like semiconductors, lithography equipment, advanced packaging, and memory chips rebounded. Concepts like computing power leasing, inference computing power, and localized computing power strengthened. AI application concepts such as AI programming, Zhipu AI, AI web novels, games, and more all rose across the board. AI glasses, consumer electronics, and Apple-related concepts strengthened. Concepts such as gas turbines, the Google industry chain, humanoid robots, and space photovoltaics collectively showed strong momentum.

One burst of trading is as fierce as a tiger—but whether the market goes up or down still depends on the untrustworthy. Iran has also gone bad and started drawing K-lines. Both sides of Iran and the U.S. have released ceasefire signals; the whole world is boiling. Today, A-shares also once again broke ancestral rules and continued to break upward. But after broad gains, you still need to watch for differentiation—after all, the average share price in the CSI Index has already reached the pressure level of the yellow line.

**From a theme perspective: medicine and computing hardware are launching a strong offensive. But for now, computing hardware still needs to look at the mapping in the M-share market. Medicine is much more proactive this week. Of course, if the index differentiates tomorrow, funds may still choose a defensive direction among the most deeply oversold.
**

Hot Topic Analysis

1. Medicine
The medicine sector remains strong. Tianjin Yaoaoye hit four consecutive daily limits; Kaili Ying hit two consecutive daily limits; Jiu’an Medical, Run Du Shares, and others all hit the daily limit.
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On catalysts: Recently, multiple pharmaceutical companies including Hengrui Pharmaceuticals, PharmaMachine, and Kaili Ying reported results with positive expectations. In addition, as an authoritative conference in the global oncology field, the 117th Annual Meeting of the American Association for Cancer Research (AACR Annual Meeting) will be held in Santiago from April 17 to April 22.**
**
The historical trading behavior of the medicine sector really is active, and in these past two days the initiative has also been very good. Last year, innovative drugs also showed a trend lasting about half a year. So this wave still needs to be taken seriously. At present, innovative drug hype is still mainly about bispecifics/multispecifics and oncology-related stocks, so you can focus more on these two sub-segments.**

2. Computing Power
Cloud computing and data center concepts surged today. Aorui De reversed and hit the daily limit; Meili Cloud, Jialitu, and several other stocks also hit the daily limit.
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On catalysts: Hong Kong stocks—Zhipu—surged 31.94%, and its market cap broke above 400 billion. The financial report shows that in 2025, the company achieved total revenue of RMB 724 million, up 131.9% year over year, becoming the domestic company with the largest revenue scale among large model firms. Furthermore, in Q1 2026, Zhipu’s API calling price increased by 83%. Even so, the market still shows a situation of supply not meeting demand, with call volume up 400%.**

The data Zhipu AI released last night is indeed far above expectations. Next, deepseekV4 may also be published at any time. As large model revenue grows rapidly, the direct beneficiaries are these upstream computing power resources—so you can still actively participate in Zhipu Kimi DS-related computing power.

Outlook for Tomorrow

1. The threat from “Xiao Te” withdrawing from NATO; European aerospace and defense stocks rose 4.2%
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2. A senior official of “Y Lang” urged “Xiao Te”: the Strait of Hormuz will definitely reopen, but it won’t be opened to the M country**
Right now, both sides are basically relying on nothing but their words. So before any substantive agreement is actually implemented, many of the news items are pretty nonsensical. The key still is to watch the rhythm of A-shares themselves: big drops lead to big buys, and big rises lead to big selling. At present, innovative drugs and deeply oversold Fujian commercial aerospace aren’t too affected by overseas news shocks. Before the holiday, you can still continue to lay out the positions!!!**

Warm Reminder: The purpose of opening a real-money account is mainly to record your own challenge process. It is absolutely not a basis or reason for readers to buy or sell stocks. It does not constitute investment advice. If you trade based on this, you need to bear the investment consequences yourself. The stock market is risky; investment requires caution!!!