Chen Guo, deputy director and chief strategy officer of the East Fortune Securities Research Institute, said that the revaluation process of Chinese assets has just begun, and will continue to deepen in the future driven by the dual advantages of the RMB's stability and the accelerated release of the engineer dividend. In the second half of this year, the bull market in Hong Kong stocks is expected to continue, and "effervescent assets" have long-term potential. Talking about the hot tracks since the beginning of this year, Chen Guo said that the four directions of new consumption, innovative drugs, AI and robots all have medium-term investment value, but their short-term uncertainties have increased in turn. Looking ahead to the market in the second half of 2025, Chen Guo suggested that investors think about operating strategies from the perspective of "slow bull shocks". For example, if the market has undergone significant adjustments, you can be confident in adding high-quality assets; but if the market is trading hot or the main index has accumulated a certain increase, you can remain calm and patient and wait, and better opportunities will still appear.