CITIC Securities: Keeping a close eye on the changes in the Middle East, seizing the advantages of Chinese assets.

CITIC Securities Research Report believes that the tension between the US and Iran has eased slightly, and global market panic has been alleviated. However, the latest deployment plans by the US military against Iran still show an escalation risk of war, so attention should be paid to market sentiment fluctuations in the next month. Currently, the A-share market has adjusted sufficiently, so it is advisable to wait for long signals and make strategic layouts. In the future, A-shares will focus on industries benefiting from energy security and high inflation, high cash flow products, growth opportunities that may have been overlooked, and sectors with low valuations. Key sectors to watch include coal chemical industry, new energy, energy storage, lithium battery materials, pesticides, fertilizers, coal, hydroelectric power, AI computing power, metals, innovative drugs, and consumer goods, among others.