Analyst Henry Hu stated that after the AI theme exploded, tech giants raised massive amounts of capital through equity and debt financing, which initially drove up tech stock valuations and prices. However, this money won't remain in the financial market indefinitely; it will be converted into real capital expenditures. Funds are beginning to reallocate from speculative financial assets to real assets. After enjoying the liquidity boom in the early stages, tech stocks may face valuation pressure or profit-taking; non-ferrous metal mining stocks, on the other hand, are poised to take over due to surging demand and improved profitability. Non-ferrous metal mining stocks will begin releasing their earnings reports later this month, and this trend warrants attention.
