Help me analyze what investment directions are worth pursuing?

(Exceeds 99.5% of bloggers) First, the conclusion: as of March 3, 2026, the main investment themes suitable for ordinary people are: Technology Growth (AI/Computing Power/Semiconductors) + Energy Security (Energy Storage/Ultra-High Voltage) + Hedging/Cyclical Assets (Gold/Copper) + High Dividend Defensive Stocks. The following is organized by risk and certainty levels; information is for reference only and does not constitute investment advice.

1. High Certainty (Stable/Core Holdings)

- High Dividend Blue Chips (Defensive Priority)
Banks, Power, Infrastructure, State-Owned Enterprise Leaders, undervalued + high dividends, suitable for core holdings.
Targets: China Yangtze Power, Industrial and Commercial Bank of China, China State Construction Engineering, China Shenhua.
- Gold/Precious Metals (Hedging + Inflation Hedge)
Geopolitical conflicts + rate cut expectations + central bank accumulation, gold prices remain strong.
Targets: Gold ETFs, China Gold Group, Hunan Gold, Silver ETFs.
- Energy Storage (Policy + Performance Driven)
Capacity electricity pricing implemented, profits are clear, high installation growth.
Targets: CATL, Sungrow Power Supply, JINLONG Technology, Shenghong Co., Ltd.

2. Medium-High Flexibility (Growth Mainline)

- AI Computing Power/Optical Modules (Strongest Mainline)
Catalyzed by NVIDIA GTC (3/16), explosive demand for 1.6T optical modules.
Targets: Zhongji Xuchuang, Tenda Communication, Xinyi Sheng, Inspur.
- Semiconductors/Storage (Supply-Demand Reversal)
Rising storage chip prices + accelerated domestic substitution.
Targets: Jiangbolong, GigaDevice, Buwei Storage, Haiguang Information.
- Ultra-High Voltage/Power Grid Equipment (Steady Growth)
15th Five-Year Plan increases power grid investment, overseas demand rises.
Targets: TBEA, Pinggao Electric, State Grid NARI, JINPAN Technology.

3. Cyclical/Resources (Supply-Demand Mismatch)

- Copper/Industrial Metals (AI + Power + Infrastructure)
Data centers, new energy, and power grid copper demand surge, peak construction season in spring.
Targets: Zijin Mining, Tongling Nonferrous Metals, Jiangxi Copper.
- Minor Metals (Strategic Resources)
Tungsten, antimony, rare earths export controls + high-end manufacturing demand.
Targets: Zhangyuan Tungsten, China Tungsten High-Tech, Northern Rare Earth.

4. Hong Kong/US Stocks (Global Allocation)

- Hong Kong Tech/Internet
Low valuation, policy recovery + foreign capital inflow.
Targets: Tencent, Meituan, Xiaomi, Hong Kong Tech ETF.
- US Stocks AI/National Defense
AI performance realization + geopolitical hedging.
Targets: NVIDIA, Microsoft, Lockheed Martin.

5. Risk Alerts (Must Read)

- Geopolitical conflicts (Strait of Hormuz) increase volatility; avoid chasing high in oil & gas/gold.
- Technology stocks polarization intensifies; buy only leading stocks, avoid small caps.
- Position control: avoid full allocation, do not concentrate holdings; allocate growth/cyclical/defensive stocks according to risk appetite.

Simple allocation reference for ordinary people (by risk level):

- Conservative: 40% high dividend + 30% gold + 30% money market funds
- Balanced: 30% AI/Computing Power + 20% Energy Storage + 20% Gold + 30% High Dividend
- Aggressive: 40% AI/Computing Power + 20% Semiconductors + 20% Copper/Energy Storage + 20% Gold