Group 1 - Deutsche Bank indicates that the continuous rise in gold prices reflects underlying panic in the stock market [1] - Credit Suisse states that comments regarding a "150 basis point rate cut" in Milan have minimal impact, with the market choosing to vote with its feet [1] - ING holds a neutral view on US Treasuries in the short term, while looking for opportunities to short 10-year Treasuries [1] Group 2 - CICC reports that the trend of deposit migration continues, but the pace has slowed [1] - Huatai Securities notes that the semiconductor equipment market in China is experiencing an "east rising, west declining" trend in the second half of the year [1] - CITIC Securities points out that the Democratic Republic of Congo has announced cobalt export quotas, which may lead to a strong increase in cobalt prices [1] Group 3 - CITIC Jinpu is optimistic about robots becoming a main line for technology growth allocation [1] - CITIC Securities reminds that the road testing for all-solid-state batteries has begun, and attention should be paid to their improvement and vehicle pressure [1] - CITIC Jinpu expects global investment in power grids to exceed $400 billion by 2025, indicating sustained high prosperity [1] Group 4 - Galaxy Securities believes that positive factors for banks are continuously accumulating, with mid-term performance expected to improve, signaling a potential turning point [1] - Galaxy Securities continues to favor computing-related PCB, domestic computing, IP licensing, and chip inductors in the second half of the year [1] - Everbright Securities states that the domestic engineering machinery market in August is "not dull in the off-season," with significant recovery in the non-excavator category [1]