According to the CITIC Securities research report, since July 2026, the A-share technology sector has experienced notable fluctuations, driven by a confluence of international and domestic factors. Following this period of substantial market correction, CITIC Securities has conducted a thorough assessment, incorporating price-volume trends, investor sentiment metrics, and pertinent industry events. Based on this analysis, the report suggests that the current index level has reached a trough.

Peering into the future, the technology sector is expected to maintain its prominent standing in the market, bolstered by ongoing industry trends. Nevertheless, considering that public funds' allocation to the technology sector has hit an all-time high, a widespread rally akin to that witnessed in the first half of the year is improbable. Instead, the investment landscape is anticipated to become more selective in the latter half of the year.

CITIC Securities retains a positive outlook on high-barrier material sectors, propelled by the escalating demand for AI, import substitution initiatives, and technological progress, especially those sub-sectors at the nascent stages of an upward trajectory. The report strongly endorses core new material enterprises that boast leading market positions, a robust order book, and a proven track record of sustained profitability.