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AI stocks have been in a prolonged slump, with securities firms and KOLs heavily betting on bottom-fishing this week.

2026.07.29 22:30:23

Recently, AI stocks have continued to decline, with multiple AI leading stocks represented by SK Hynix halving in value in a short period. In response, domestic and international securities firms and KOLs have been intensively betting on bottom-fishing this week. Dan Bin, chairman of Orient Capital, publicly stated on Xueqiu today: "When there is a sharp drop, you must dare to buy! I just used up all my remaining dry powder." Famous investor Duan Yongping shared his actual trading records of SpaceX put options last Friday, which the market widely views as his typical "potential bottom-picking" move. Additionally, regarding Korean stocks, securities firms including Morgan Stanley, JPMorgan, Citigroup, and Nomura unanimously hold that the market is "near the bottom", "deleveraging is nearing its end", and the current market is a technical correction rather than a fundamental reversal, maintaining their high target price views for the KOSPI index. Tom Lee, well-known in the crypto circle, expressed a similar view, stating that the corrections of SK Hynix and Samsung are forced deleveraging, weak hands have been cleared out, and the market is near the bottom. AI has been built as an industrial-level project over many years, so all such corrections are "buyable". In the U.S. stock market, there is no shortage of "bottom-fishing" voices either. Most analysts believe that the overall valuation of the Magnificent Seven (Mag7) relative to the S&P 500 is at a low level in over a decade, and they recommend buying on dips in stocks including Nvidia, Microsoft, Meta, Alphabet, Broadcom, Amazon, etc. BlockBeats believes that the market is volatile and unpredictable, and investors need to be responsible for their own funds and decisions. In the current extreme market conditions, it is recommended to use leverage tools with caution and maintain rational investment behavior.

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