中信证券：AI算力、消费电子、军工、创新药等方向确定性持续增强

Core Viewpoint - The market is entering a high-level oscillation period, with diminishing marginal positive factors impacting the market [1] Group 1: Market Environment - Comprehensive liquidity indicators and market style characteristics suggest a return to performance-driven focus as the market approaches the peak reporting period in late August [1] - The second half of the year typically sees a concentrated technology release cycle in the domestic technology sector [1] Group 2: Catalysts and Focus Areas - Key areas of focus include AI computing power, consumer electronics, military industry, and innovative pharmaceuticals, which are expected to show sustained certainty [1] - The combination of market environment, catalysts, and comprehensive quantitative indicators suggests a recommendation to pay attention to the aforementioned sectors [1]