CITIC Construction Investment released a research report saying that from the beginning of September to the beginning of December, the AH markets experienced a long period of adjustment, and investor sentiment was cautious. Recently, several key events and data were released one after another, and the overall tone was in line with or slightly better than market expectations. CITIC Construction Investment believes that the underlying logic of a bull market still exists, mainly driven by structural market conditions and capital market reform policies. At present, the market has basically completed adjustments, and the superimposed fund rankings have basically been implemented. New Year's Eve is expected to usher in a new wave of market conditions. In terms of mid-term industry allocation, the focus is on non-ferrous metals and AI computing power, which are catalyzed by a certain boom. The themes are mainly commercial aerospace, supplemented by controlled nuclear fusion and humanoid robots; Hong Kong stocks also have investment opportunities, and potential hot sectors mainly include Internet giants and innovative drugs. Focus on: non-ferrous, commercial aerospace, AI, humanoid robots, controlled nuclear fusion, innovative drugs, non-bank finance, etc.

CITIC Construction Investment released a research report saying that from the beginning of September to the beginning of December, the AH markets experienced a long period of adjustment, and investor sentiment was cautious. Recently, several key events and data were released one after another, and the overall tone was in line with or slightly better than market expectations. CITIC Construction Investment believes that the underlying logic of a bull market still exists, mainly driven by structural market conditions and capital market reform policies. At present, the market has basically completed adjustments, and the superimposed fund rankings have basically been implemented. New Year's Eve is expected to usher in a new wave of market conditions. In terms of mid-term industry allocation, the focus is on non-ferrous metals and AI computing power, which are catalyzed by a certain boom. The themes are mainly commercial aerospace, supplemented by controlled nuclear fusion and humanoid robots; Hong Kong stocks also have investment opportunities, and potential hot sectors mainly include Internet giants and innovative drugs. Focus on: non-ferrous, commercial aerospace, AI, humanoid robots, controlled nuclear fusion, innovative drugs, non-bank finance, etc.