Core Viewpoint - The article emphasizes the significance of AI in investment strategies, particularly highlighting the advantages of Deepseek in understanding the Chinese market and enhancing investment returns [2][3]. Group 1: AI and Investment Strategies - Deepseek is recognized as a pivotal development in China's AI sector, providing insights that align closely with the A-share market, unlike foreign AI tools [2]. - The use of AI has led to a substantial increase in investment returns, with a notable contribution from quantitative strategies and options trading [2][3]. - The author suggests that maintaining a humble and inquisitive mindset while using AI tools can significantly enhance investment outcomes [2]. Group 2: Risk Management and Strategy Optimization - The article discusses the importance of cognitive improvement in recognizing market opportunities, emphasizing that understanding and knowledge are crucial for long-term success [3]. - It advocates for a shift from additive to subtractive strategies in investment, focusing on optimizing high-quality strategies while eliminating less effective ones [4]. - The combination of arbitrage and equity strategies is suggested to enhance overall investment performance, as they complement each other in terms of frequency and potential returns [3]. Group 3: Personal Development and Learning - The author reflects on the importance of continuous learning and adapting strategies, even in unfamiliar areas, to foster growth and understanding [7]. - There is an emphasis on the value of learning from others and recognizing expertise, particularly in unfamiliar fields, to enhance investment knowledge [7]. - Future research directions include expanding into international political economy and cultural conflicts to gain a broader perspective [7].

Group 1 - The article expresses a pessimistic view on silver LOF due to excessive arbitrage positions and consecutive trading halts, leading to a decline in buying interest and a drop to net asset value levels [1] - BoShi Co., Ltd. plans to reduce its shareholding by no more than 2.93% [1] - Jinpu Garden plans to reduce its shareholding by no more than 0.8% [1] - ShenYu Convertible Bond is set to be listed on December 30 [1] - Xiangyuan Convertible Bond is approaching its last trading day [1] - Shuangle Convertible Bond is currently open for subscription [1] - Hong Kong stock market is on holiday [1] Group 2 - The table lists various convertible bonds, including their current prices, redemption prices, last trading dates, last conversion dates, conversion values, remaining scales, and the proportion of convertible bonds to the underlying stocks [2][4][6] - Notable convertible bonds include XinHua Convertible Bond with a current price of 127.178 and a last trading date of December 22, 2025 [4] - KaiRun Convertible Bond has a current price of 114.936 and a last trading date of December 22, 2025 [6] - The article mentions specific bonds like BenGang Convertible Bond with an announcement of down adjustment and Hengshuai Convertible Bond which will not be forcibly redeemed [8]