Core Viewpoint - The A-share bull market is characterized by distinct sector rotation, with previous hot sectors like AI and new energy undergoing adjustments, leading to profit-taking and a search for new value opportunities [1] Sector Analysis - The AI hardware sector is experiencing horizontal fluctuations due to concentrated profit-taking, while leading companies in the new energy sector are also showing signs of capital withdrawal [1] - The food and beverage sector has declined over 5% year-to-date, significantly underperforming the market, and is now seen as a low-valuation, high-safety-margin investment option [1] - The food and beverage sector, driven by essential consumption attributes, is becoming a core target for capital seeking refuge and rebound opportunities, suggesting that the benefits of sector rotation may continue to be realized [1] Investment Tools - The Food and Beverage ETF (515170) tracks the CSI sub-index for the food and beverage industry, focusing on high-barrier and resilient sectors such as liquor, beverages, and fermented products [1] - The top ten constituent stocks include major brands like Moutai, Wuliangye, Luzhou Laojiao, and Yanghe, providing investors with a convenient way to access core assets in the "food and beverage" sector [1] - Compared to the high minimum investment thresholds of individual constituent stocks, the ETF offers a more accessible investment tool for smaller capital [1]