[UBS: You can now re-buy technology stocks, and you are more optimistic about A-shares than Hong Kong stocks] On September 1, Wang Zonghao, head of China equity strategy research at UBS, said at a media conference on Tuesday that you can now re-buy technology stocks, and taking into account factors such as funding, you are more optimistic about A-shares than Hong Kong stocks. Wang Zonghao said that the factors that previously triggered the correction of technology stocks include changes in the AI ​​narrative, concentration of positions, and leverage reduction. All three factors have now changed. However, it is expected that investors will look for more non-AI sectors in the second half of the year, making the sector performance of the overall stock market less narrow than in the first half of the year. Compared with Hong Kong stocks, which have more IPOs and placements, A-shares have relatively abundant funds. At the same time, they are more optimistic about hardware stocks, and A-shares also account for a larger proportion of such stocks. Due to the dumbbell configuration, I am also optimistic about bank stocks, and recommend non-ferrous sectors that are not so closely related to AI, as well as overseas themes.