华泰证券：把握具备相对确定性的两条线索

Core Viewpoint - The report from Huatai Securities indicates that a barbell strategy will remain effective from a mid-term perspective, with manageable risks at the index level in the short term, suggesting a moderate approach to capture structural opportunities [1] Group 1: Investment Strategy - The report recommends taking profits on low-beta dividends while increasing allocation to sectors with strong policy support, favorable earnings reports, and positive marginal catalysts, specifically in TMT (Technology, Media, and Telecommunications) and domestic consumption [1] - Within the TMT sector, there is a focus on the cloud computing chain, which has high visibility in demand [1] - In domestic consumption, attention is drawn to service consumption in Hong Kong and high-cost-performance varieties in A-shares, such as dairy products and condiments, which show improvements in turnover and profit margins [1]