Consumption has declined, and the semiconductor sector immediately rallied.

This basically confirms what I mentioned in last week's short review (https://longportapp.com/zh-CN/topics/25164480): funds are gradually moving out of dividend stocks, and the market rotation will shift between consumption and tech sectors.

A key reason for the tech rally is a piece of news over the weekend: the U.S. Congress is stirring up trouble again, asking semiconductor equipment manufacturers like Lam Research, Applied Materials, Tokyo Electron, and ASML to provide sales data related to Chinese clients.

Will a new round of confrontation begin? But the momentum of China's semiconductor equipment sector must rise first!$SMIC(00981.HK) $ICBCCS Guozheng Semiconductor Chip ETF(159665.SZ) $Semiconductors(20245.HK)