Mou Yiling, chief strategy officer and deputy director of Guojin Securities, said in an interview with reporters that since mid-late September, A-share market performance has been under pressure, and increased external uncertainty is the core disturbance of this round of pullback. Currently, the valuation level of core blue chip stocks is already at a historically low level. In particular, the cost performance ratio of blue chips in large growth markets is prominent. Regarding the AI industry, Mou Yiling said that with the acceleration of domestic substitution, the current round of development of China's AI industry is clearly autonomous and controllable. As expectations for the future development of the overseas AI industry fluctuate, the technology sector related to domestic substitution is expected to become a safe haven for global growth capital.

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