At the CITIC Securities 2026 Capital Market Forum held today, Qiu Xiang, Chief A-Share Strategist, highlighted that in the AI era, broader public participation in the capital market is an inevitable trend. According to Jin10, Qiu noted that the costs of missing opportunities and making mistakes are rising, leading to the simultaneous growth of both aggressive and conservative funds, with a barbell structure expected to persist long-term. The allocation strategy for the second half of the year focuses on a new barbell structure of 'AI + Energy,' driven by AgenticAI demand and supply chain disruptions in the Middle East, which are key areas for unexpected supply-demand gaps and profit realization this year. 'Adapting to AI' is a challenge for broader economic and market participants and is expected to become the main theme and opportunity in the next phase, with the core being the continuous realization and amplification of intrinsic comparative advantages.