CICC advises investors to zero in on three prominent investment themes, as gleaned from Q3 earnings reports.

Firstly, sectors that have delivered stellar Q3 earnings results should be on investors' radar. These include the gold sector, the TMT (Technology, Media, and Telecom) sector, which is riding the wave of AI's rapid expansion, as well as non-bank financial sectors.

Secondly, investors could consider high-growth industries that exhibit a low correlation with economic cycles and external uncertainties. The AI industry chain is a prime example, along with white goods, construction machinery, and power grid equipment that cater to non-U.S. markets with robust overseas production capabilities.

Thirdly, in a scenario of mild economic recovery, industries that have already undergone supply-side restructuring stand out. These encompass industrial metals, lithium batteries, innovative pharmaceuticals, commercial vehicles, rail transit equipment, and infrastructure projects like railways and highways.