Jul. 27 at 10:01 PM
$WFC $C $JPM $BX The market capitalization ratio of China to the United States is about 1 to 5, but when including both the Chinese and Hong Kong markets, it reaches a scale of about 1 to 3 compared to ours. However, just as we listed SpaceX, China listed CXMT (Changxin Memory Technologies) on its domestic market, with a valuation exceeding 1/5 of its total market capitalization. The profit margin in the memory industry is nearly 80%. If the memory boom continues, they will be able to fund the growth of their space industry using the money they receive from us, allowing them to maintain a position on par with the United States. I'm simply sounding a warning.
