Xinhua News Agency, June 5, China CITIC Construction Investment Chen Guo believes that recently, positive signals in the market have gradually begun to appear. Domestic Caixin PMI, commodity prices and RMB exchange rate have improved, market policy is expected to strengthen and sentiment has eased, and the overseas US debt ceiling storm has subsided. The A-share market as a whole is at the bottom and the market is waiting for further positive signals. The focus of the industry is as follows: 1) the direction of high certainty of cashing profits in TMT; 2) there is a super-falling pro-cyclical plate that is expected by policy. Industry recommendations: media, communications, computers, semiconductors, food and beverage, automobiles, machinery and equipment, etc.