Sinotrust Securities: We recommend focusing on three clues: technology sub-sectors with low internal congestion, globally priced resources, and foreign demand manufacturing industry.

A research report from Zhongtai Securities stated that although certain sub-tracks within the technology sector are crowded, the overall technology style is not crowded. Among the technology sub-tracks we are monitoring, 59.5% of them have trading volumes that have exceeded 75% of the level in the past three years. The trading volume of the Wind Technology major category currently only ranks in the 50th percentile in the past three years. It is suggested to focus on directions where technology trading is not crowded, such as Hong Kong Internet, consumer electronics, etc.; global pricing resources such as gold and copper benefiting from the Fed rate cuts and overseas fiscal expansion; and overseas demand-related manufacturing industries.