[CICC: A-shares may have a "good start" after the holiday. It is recommended to pay attention to two main lines] On October 8, CICC's research report stated that looking forward to the holiday, A-shares may have a "good start". A-shares performed weakly before the holiday due to the influence of a number of external factors. During the holidays, overseas markets rose more than they fell, and recent domestic economic data were relatively stable. The three quarterly reports after the holiday are expected to bring certain performance support to the market. Investor confidence is expected to be restored in October, and A-shares are expected to have a "good start" after the holiday. In terms of industry configuration, it is recommended to focus on two main lines: 1. Prosperous growth: The performance of the hardware link of the AI ​​industry chain is generally high, but as the narrative changes in the future, it may face differentiation. Some links with low barriers and rapid production capacity deployment are more risky, while areas with high demand certainty and difficult to alleviate production bottlenecks are expected to continue to benefit. It is recommended to focus on optical communications, semiconductor equipment, and upstream power bottleneck related industries. In addition to the AI ​​industry chain, innovative drugs (especially CXO) and power grid equipment have relatively high overall prosperity. 2. Cycle improvement: The fundamentals of more and more fields are rebounding from the bottom of the cycle. It is recommended to pay attention to areas where the supply and demand pattern is improving from the perspective of the production capacity cycle, such as the chemical industry, petrochemical and engineering machinery industries. The fundamentals of various non-ferrous metal fields are good, but it is necessary to pay attention to the impact of the Fed's tightening risk on financial attributes.