Group 1 - The core reason for the recent weakness in the Chinese technology sector is the high valuations that need to be corrected to digest the bubble [2] - The technology sector is highly interconnected between the US and China, with significant linkage increasing since October [2] - The decline in the US tech sector, particularly in emerging industries like AI, has a direct impact on the Chinese market, as seen with Oracle's 8% drop affecting A-share tech stocks [2] Group 2 - Market sentiment has shifted towards increased "insecurity," prompting a search for sectors that may benefit from this trend [1]