Open source securities current configuration recommendations: Technology + Military industry + Anti-internal integration & PPI diffusion direction + Stable dividend

The Open Source Securities Research Report suggests, industry configuration "4+1" recommendation: technology growth + independent controllable + military industry: liquid cooling, robotics, gaming, AI applications, military industry, as well as focusing on the financial technology and securities sectors with higher resonance with indices. Benefiting from the "PPI marginal improvement expectations + some low-level resurgence" spreading of pro-cyclical varieties: steel, chemicals, non-ferrous metals, building materials directly benefitting, insurance, liquor, real estate may present valuation recovery opportunities. Having anti-inner loop elasticity, a more "broad-spectrum" direction: this round of anti-inner loop has exceeded traditional cyclical goods, photovoltaics, lithium batteries, construction machinery, medical, Hong Kong Hang Seng Internet and other manufacturing and growth directions also have mid-term potential. Structural opportunities for going abroad: easing of China-Europe trade relations and going abroad in small categories; bottom position configuration: stable dividends, gold, optimized high dividends.