On September 20, China Merchants Securities offered an analysis indicating that the implementation of various macroeconomic policies this week has spurred a market rebound. The Federal Reserve increased interest rates by 25 basis points and subtly suggested the likelihood of another rate hike before the year's end. Nevertheless, the market had largely factored in this adjustment, and with no substantial macroeconomic variables exerting influence in the near term, attention has progressively returned to industry-specific pricing dynamics. August's domestic economic data revealed a slight uptick in production, yet overall demand remained lackluster, with a notable disparity between traditional and emerging growth drivers. The prevailing market sentiment has fully accounted for this overall weakness, with structural strength persisting primarily in the technology and export sectors. The deadlock in U.S.-Iran relations has prompted intensified diplomatic endeavors, resulting in a downturn in oil prices and a mitigation of geopolitical tensions. As macroeconomic pressures subside, capital is reallocating towards the technology sector, which has undergone significant corrections. This week, the trading volume within the TMT industry represented 43% of the total market activity, signaling that tech stocks, underpinned by solid performance, are primed for a resurgence. The market may be on the cusp of a turning point, and investors are encouraged to concentrate on AI computing power chains, CPO industry chains within the tech growth sector, as well as areas involving escalating resource prices and export chains.