Huatai Securities: In the strong performance clues, the crowdedness of the battery and power chain is not high, so you can still participate.

Huatai Securities research report believes that, on one hand, the market faced increased overseas disturbances last week, and on the other hand, although the effectiveness of investment in prosperity has increased, there may be some short-term pressure on core sectors such as communications and computing power. Therefore, it is recommended to control positions and adjust holdings. Specifically, firstly, although the performance of computing power chain is high, there may be high pressure for short-term chip realization. It is advisable to wait for risks to be resolved before participating again or finding better opportunities. From a medium-term perspective, the logic of the computing power industry is still clear, and the current PEG is not considered high. Secondly, among strong performance clues, the battery and power chain have relatively low crowdedness and can still be participated in. Thirdly, among varieties where the marginal improvement in prosperity is high, the export chain has a higher proportion. Recent export growth rates of household appliances, engineering machinery, and photovoltaic components have all shown recovery and can also be moderately considered. Fourthly, in terms of dividend holdings, it is currently recommended to focus on low volatility categories.