Core Viewpoint - The article discusses significant recent developments in the US stock market, particularly focusing on the performance of major tech companies and the Nasdaq 100 index, highlighting its long-term investment potential and the recent approval of new QDII investment quotas for domestic investors [3][19]. Group 1: Market Performance - Nvidia's stock price surged over 4% on June 25, reaching a market capitalization close to $3.8 trillion, surpassing Microsoft to reclaim the title of the world's most valuable company [4]. - On June 26, all three major US stock indices closed higher, with the Nasdaq and S&P 500 approaching historical highs [5]. - Apple's first original film premiered simultaneously in China and North America, marking its transition from a hardware manufacturer to a "tech + content" integrator, creating new growth opportunities [6]. Group 2: Nasdaq 100 Index - The Nasdaq 100 index has shown impressive performance, with a 1396.31% increase over the past 20 years, significantly outperforming other major US indices [10]. - The index's strong performance is attributed to its composition, which is heavily weighted towards technology (52.3%), communication services (23.1%), and consumer discretionary (14.0%) sectors [14]. - The current price-to-earnings ratio (PE/TTM) of the Nasdaq 100 is 36.63, indicating a relatively stable valuation compared to the Hang Seng Tech Index, showcasing its advantages in risk control and investment value [16]. Group 3: QDII Investment Quotas - Recently, the State Administration of Foreign Exchange approved new QDII investment quotas totaling $2.12 billion for 60 qualified domestic institutional investors, enhancing their ability to invest in overseas core assets, including the Nasdaq 100 index [19][20]. - The approval allows for more flexible operations for domestic professional investors in the overseas market [20]. Group 4: Investment Opportunities - The article highlights the availability of various funds tracking the Nasdaq 100 index, with the only fund currently allowing a subscription limit of 1 million yuan being the Baoying Nasdaq 100 Index (QDII) A, which closely follows the index without requiring currency exchange [23][24]. - The long-term resilience of the Nasdaq 100 index is emphasized, with a consistent upward trend over the past two decades, despite short-term volatility [25].