Multiple institutions analyze: momentum iteration welcomes new opportunities. Two major directions of investment opportunities are emerging.

Recently, many securities firms have held mid-term strategy meetings to analyze and predict the economic and capital market trends for the whole year. Many institutions believe that the current domestic economic growth logic has been fundamentally reshaped, with a systematic switch between old and new development dynamics. The new quality productivity represented by artificial intelligence, digital economy, and new energy is gradually becoming the core force driving economic growth. In terms of the capital market, A-shares have entered a crucial upward phase, with the structural market becoming increasingly clear. In the second half of the year, it is recommended to focus on the entire AI industry chain, cyclical sectors, and potential consumer racecourses.