CITIC Securities has issued a research report emphasizing that while the bullish outlook for AI computing power remains strong, market volatility has intensified. Investors are advised to avoid chasing higher prices and instead consider accumulating positions during pullbacks. The report identifies several factors that will influence market trends in the third quarter, including the performance of AI computing power, Q2 earnings reports, and overseas financial results. The report also highlights the importance of economic stimulus measures announced at the July Politburo Meeting amid ongoing macroeconomic pressures. It notes that external disruptions have increased, though domestic liquidity remains neutral. Geopolitical events and the listing of industry giants could lead to short-term market volatility, with global tech stock correlations necessitating close monitoring of major overseas markets such as Japan, South Korea, and the U.S. Sector recommendations include focusing on lithium-ion batteries, which are expected to enter a peak season, and energy storage demand, which is rebounding. Dividend-yield stocks may experience oversold rebounds, offering attractive risk-adjusted returns. Key sectors to watch include banks, coal, utilities, AI, optical modules, memory, chips, industrial metals, and lithium battery materials.