China Securities Co.,Ltd.: How is the market viewed after the huge technological seismic event?

China Securities Co.,Ltd. releases research report stating that the market shakeup pattern is likely to continue, and there is no need to worry excessively when the index drops. Changxin Technology's listing is favorable, and with the market's high risk preference before the US visit, it is expected that the market will remain strong in the short term. However, PPI reaching its peak year-on-year may lead to a slowdown in corporate profit growth expectations, and the market structure has not improved, leading to an increase in long-term market vulnerability. In terms of industry allocation, the focus is on the technology theme + oversold rotation, with a focus on industries such as AI (semiconductors, optical communications), securities firms, humanoid Siasun Robot & Automation, commercial aerospace, biotechnology, dividend assets, and Hong Kong Internet stocks. China Securities Co.,Ltd.'s main points are as follows: -The market is expected to continue in a shakeup pattern, with key moving averages supporting the index from below. -The long-term fragility has increased. In the coming months after the China-US leaders' meeting, the market's risk preference tends to decline, leading to market fluctuations and typical cases such as Trump's visit to China in 2017 and his subsequent visit. -In the future, as of August, the market is expected to become clearer in direction. Large IPO listings, policy announcements from political meetings, FOMC meeting results, and key company financial results will help determine the market's direction and open up new trends. -Industry allocation strategy: technology theme + oversold rotation -Risk warning: 1. Domestic demand support policies have lower-than-expected effects. 2. Escalating Middle East geopolitical risks. 3. Stock market volatility in the US surpasses expectations.