[CITIC Construction Investment: The "boot" of the Federal Reserve's interest rate hike will be implemented, and A-shares may face a counterattack.] On September 13, CITIC Construction Investment's research report pointed out that for the current A-share and U.S. stocks, the differences in interest rate hike expectations make investors feel at a loss, while the "boot" of interest rate hike can build consensus and start a new round of market. On Friday, A-shares achieved a V-shaped rebound under the impact of four major negative impacts. Combined with the Fed's interest rate hikes in the future, the sharp shrinkage of A-shares on Thursday and the relatively sufficient adjustment of the technology sector, CITIC Construction Investment believes that A-shares are expected to usher in a market change, or start a counterattack. The allocation is still balanced allocation + flexible adjustment: 1) Take high-prosperity industries such as communications and electronics as the core varieties of the current offensive, and increase positions appropriately; 2) Take low-valuation dividend sectors such as banking and insurance as defensive bottom positions; 3) Pay attention to the benefit opportunities of oil and gas mining, coal chemical industry, coal, oil service engineering, and shipping ports under the continued high oil prices.