中信证券：对股市依旧可以保持乐观，配置方向更加谨慎

Core Viewpoint - The report from CITIC Securities suggests maintaining an optimistic outlook on the stock market amid an economic cycle recovery, while advising caution in investment allocation due to valuation changes [1]. Group 1: Investment Recommendations - Investors are encouraged to focus on the non-bank sector, which is characterized by low valuations and rapid growth in investment performance, presenting a rebound opportunity [1]. - There is an emphasis on the investment opportunities in cyclical sectors, driven by expectations of rising commodity prices in the fourth quarter [1].