CITIC Construction Investment: The third quarter report market has begun, maintaining the recommendation for the growth theme of robots

CITIC Construction Investment's research report states that the humanoid robot sector has currently retraced the cumulative gains from September. CITIC Construction Investment believes that we are on the eve of a turning point where the industrial trend from 0 to 1 is being realized. The current fundamentals are progressing normally, and the short-term adjustment may mainly be due to the weakening of the technology growth theme under the expectation of increased tariffs, leading to profit-taking in the sector. Since October, we have been in a vacuum period before the release of the Optimus third-generation prototype and the landing of orders. Tesla's Q3 report on October 23 and the shareholder meeting on November 7 will be important observation windows. The current pullback caused by liquidity fluctuations is a buying opportunity, and stocks with Q3 performance and robot business progress exceeding expectations are the preferred choices for allocation