CITIC Securities: Focus on sectors with potential for better-than-expected performance and those at a low level.

CITIC Securities research report points out that the external environment continues to be volatile, with the market showing high rotation and a higher preference for certainty. From the perspective of the overall theme environment, combined with liquidity indicators and market style characteristics, the market is oscillating in a high emotional position. From the perspective of catalysts and timing, it is important to focus on sectors with potential for better-than-expected performance and in low positions. Combined with the market environment, catalysts, and comprehensive quantitative indicators, it is recommended to focus on consumer electronics, semiconductor materials, and potential outperformance in performance.