According to CoinMeta, CICC (China International Capital Corporation) pointed out that since the end of July, the recovery trend in the A-share market is expected to continue. Under external shocks, market volatility has increased, and the dividend-oriented strategy regained dominance on the 19th. As market risk appetite gradually recovers and the peak period for earnings approaches, CICC recommends focusing on sectors and companies with stronger earnings certainty. There are two main areas to pay attention to: 1. For sectors with strong growth prospects, careful selection is still necessary. After adjustments, the overcrowding in the technology sector has significantly decreased, and industries with high prosperity can achieve high growth to offset negative factors. Infrastructure-related sectors such as optical communications and PCB still exhibit high prosperity. 2. With cyclical improvements, more and more sectors are seeing a recovery from their cyclical lows. It is recommended to focus on sectors with improving earnings and supply-demand dynamics, such as power grid equipment, petrochemicals, and construction machinery.