CITIC Securities: It is recommended to continue to grasp the market trends of technology and non-ferrous metals.

CICC Securities stated that the previously recommended Hong Kong Internet and non-ferrous metal sectors have performed well recently, and they still maintain the above recommendations at the current time. Looking ahead, market volatility may intensify, but the long-term upward trend remains unchanged. AI continues to be the main theme in the Hong Kong stock market, with Hong Kong Internet still expected to be the most beneficial direction. Non-ferrous metals will benefit from the dual positive effects of loose liquidity brought about by interest rate cuts and expectations of rising inflation. It is recommended to continue to focus on the main themes of the technology and non-ferrous metal markets, while also increasing allocations to Hong Kong insurance stocks with large market expectations gaps, as well as value strategies such as "distress reverse" and high dividend yields. Some oversold quality innovative pharmaceutical stocks can be allocated from the bottom up.