The CITIC Construction Investment Research Report said that for current A-shares and US stocks, the differences in interest rate hike expectations make investors feel at a loss, and the “landing” of interest rate hikes can forge consensus and start a new round of market conditions. On Friday, A-shares achieved a V-shaped rebound under the impact of four major downsides. Combined with the future launch of the Federal Reserve's interest rate hike, the sharp contraction of A-shares on Thursday, and a relatively adequate adjustment in the technology sector, CITIC Construction Investment believes that A-shares are expected to usher in a period of change, or that a counteroffensive market may begin. The allocation is still balanced and flexible: 1. Use booming industries such as communications and electronics as the current core type of attack, and raise positions appropriately; 2. Use undervalued dividend sectors such as banks and insurance as defensive bottom stocks; 3. Focus on the opportunities of oil and gas extraction, coal, oil service engineering, and shipping ports to benefit from continued high oil prices.

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