[UBS: Tends to allocate AI technology and bank stocks at both ends] On September 16th, Wang Zonghao, head of China stock strategy research at UBS, said that given the current situation of China's consumption growth, it prefers a barbell strategy: one end allocates structural growth beneficiaries such as AI technology hardware and export leaders, and the other end allocates bank stocks as defensive targets with high dividend yields. Benefiting from strong AI demand, the upward cycle of overseas capital expenditures, and increased market share, the profit growth of technology and export companies continues to be faster than the overall market level. Bank stocks, on the other hand, offer attractive diversification options due to their high payout ratios, improving revenue trends and lower valuations than their global peers. (21 Finance)