Macro Strategy - The A-share market is still in a minor adjustment phase, with new structures and catalysts maintaining market interest, but overall profitability is still contracting [1] - Emphasis on structural market trends, particularly in the AI computing power industry chain, breakthroughs in self-controlled lithography machines, and the release of market demand in the energy storage sector [1] - Short-term focus on event-driven themes and price increase themes, while mid-term structural bull market transformation is crucial, with optimism for revaluation opportunities in photovoltaic and chemical sectors [1] - Hong Kong stocks have seen relative return recovery, and may continue to benefit from "Trump's interest rate cut bullish options" and the new economic industry trend [1] Industry Tracking - Quantum computing is expected to accelerate commercialization, with related companies likely to benefit [2] - On September 19, U.S. quantum computing stocks surged, with Quantum Computing up nearly 27%, D-Wave Quantum Inc. up over 11%, Rigetti Computing up over 15%, and IONQ Inc. up over 5% [2] - Psi Quantum announced completion of a $1 billion Series E funding round, with a valuation of $7 billion post-funding, indicating strong investor interest [2][3] - Nvidia has been actively investing in quantum computing companies, indicating a multi-faceted strategy to capture opportunities in the quantum computing space [3] - The UK and US signed a "Technology Prosperity Agreement" focusing on developing fast-growing technologies, including quantum technology, which will establish standards and a joint testing group [3] - Domestic and international companies are accelerating exploration of quantum computing solutions in fields like weather forecasting and financial analysis, pushing forward the commercialization process [3]