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Views shared here cover five incidents from US troop withdrawal from Afghanistan to investments in China Concepts Stocks.

1. The US media began to "cool down" the impacts brought by troop withdrawal

Review: Although it still occupies the most and conspicuous space, the mainstream media in the U.S. has begun to cool down the impacts and shift the emotions brought by the withdrawal of troops from Afghanistan. Emotionally, the withdrawal of U.S. troops is hard to accept, while people know that it’s the right choice. US Veterans View Afghan Collapse With Anguish, Rage and Relief posted in the New York Times interviewing veterans best represents the emotional change in the United States on this matter, indicating that the matter is very painful for all Americans, but it is a relief.

Troop withdrawal from Afghanistan is a cut to stop losses for the United States, but it is not isolated. The people across the world will think about a question: The United States, a powerful and well-equipped nation, invested trillions of dollars in Afghanistan and failed to defeat the poorly equipped Taliban. What about its other aspects? We have seen a rapid response from Asia in less than 24 hours, and the response will also spread to the Korean Peninsula, Russia, and the Middle East.

2. U.S. Senator Cornyn mislabeled the number of U.S. troops stationed in Taiwan -- 30,000

Review: The troop withdrawal of the United States from Afghanistan has greatly damaged the image of the United States as a global police force. Therefore, Republican Senator Cornyn tweeted to reveal the distribution of US military power in the world, emphasizing the influence of the United States across the globe. According to Cornyn, these military forces include 50,000 in Japan and 35,000 in Germany... However, he also stated that there are 30,000 US troops in Taiwan. Since Trump has begun to shed light on the country by Twitter, American politicians have more or less started to use Twitter. But social media has always been a magnifying glass, amplifying the voice and highlighting the lack of common sense among politicians.

3. US SEC Chairman Gensler posted a short video, reminding the investment in China Concepts Stocks

Review: Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), joined Twitter at the end of July and joked that he was a novice. Gensler took to Twitter to post a short video based on his speech delivered at the end of July to remind American investors of the various risks of investing in China Concepts Stocks. In his three-minute video, Gensler mentioned the VIE structure behind China Concepts Stocks, indicating that American investors suppose that they invest in a Chinese company, but they actually invest in a Cayman Islands-registered shell company. Gensler also refers to the audit issues of these companies.

Personally, the VIE structure is a problem worth worrying about in the investment field. The VIE structure is a compromise. The point of dispute is whether the ADR (American Depositary Receipt) traded in the US exchange market can represent the shares of these operating companies. Up to the present, all investors of the China Concepts Stocks listed in the United States are passive, let alone investors’ deliberate increasing in positions to control the company. In other words, the proposition of whether ADR can represent the shares of the operating company has never been verified in practice. On the other hand, Chinese companies listed in the United States have always followed the SEC regulations well. Even if there are financial problems, these companies will properly deal with the relevant issues after exposure, just like Luckin Coffee Inc.. Although Luckin Coffee's stock price plummeted, the management did recognize the shares represented by ADR. In general, the current listing model of China Concepts Stocks is no different from other companies listed in the United States.

4. Soros Fund, D1 Capital Partners, and Soroban liquidates or lightens up China Concepts Stocks

Review: Recently, the Form 13F of major funds in the United States is being announced successively. The deadline for this batch of Form 13F is June 30, more than 3 weeks before the education stocks plummeted by 50%, but the major funds' lightening of China Concepts Stocks is pretty obvious. These funds are investors who are not determined to invest in Chinese companies. From my point of view, their positions in China Concepts Stocks will fall further in July.

5. China issues draft rules banning unfair competition in the Internet sector

Review: Judging from the text of the draft rules, the content covers various chaos that has appeared in Internet competition in the past few decades, like "false transactions", which we once felt was commonplace. Indeed, the upcoming regulation is beneficial. Generally speaking, the Internet development in China is still barbaric, which has even spread to Amazon in the United States. Amazon recently has imposed a large-scale ban on sellers from China who conducted false transactions, which is said to have greatly hurt the vitality of sellers in Shenzhen. Whether the new rules are a blow to the Internet depends on the enforcement and standards, and what needs to be emphasized is that the rules themselves have nothing wrong.