Given the scale of the fx that the state banks have had to accumulate (presumably to help the PBOC out) over the last 2-3ms, we can be sure that the SCBS are sitting on a lot of dollars. Maybe not Treasuries. But certainly dollars 2/2 https://t.co/f7Ti74OFCa

Original source ↗ | February 13, 2026 at 19:33 UTC | Twitter - @brad_setser

IDEA 1 TICKER: GDS, KC DIRECTION: Long THESIS: BofA Securities prefers these stocks due to strong AI demand and price hikes, indicating a positive outlook. SPEAKER: @briantycangco TIMEFRAME: Medium-term

IDEA 8 TICKER: BABA DIRECTION: Avoid THESIS: US tech aiding military could escalate US-China tensions, negatively impacting Chinese tech stocks like Alibaba due to geopolitical risk. SPEAKER: @briantycangco TIMEFRAME: Medium-term

IDEA 10 TICKER: BABA, BIDU, NIO, BYDDF DIRECTION: Avoid THESIS: Pentagon's actions (likely related to the list of firms aiding the

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