09:31
CITIC Securities: The current risks have been released in advance, providing an opportunity to reallocate A-shares/Hong Kong stocks at the end of the year and to plan for 2026.
CITIC Securities research report points out that the volatility of global risk assets stems from liquidity issues and dependence on AI narratives. Changes in Fed interest rate cut expectations have triggered asset valuation corrections, and market anxiety over the sustainability of AI infrastructure has intensified. Under the influx of stable funds, the A-share market may experience a "sharp fall and slow rise," providing opportunities for investors to position themselves.

