CITIC Securities' research report focuses on analyzing key events and investment strategies worth watching in September. First, the Federal Reserve's potential interest rate cut is expected to reinforce the weak dollar environment, which will generate new catalysts for already strong resource commodities, particularly precious metals and copper, potentially further accelerating the non-ferrous metals sector. Second, with Apple and META's September press conferences, Apple's edge AI and META's AR glasses may usher in a new round of more sustainable edge device and edge AI ecosystem trends, following the currently popular cloud testing AI. The consumer electronics sector, especially the Apple supply chain, deserves attention. Third, three clues of anti-involution will gradually emerge: first, industries with high capital expenditure intensity over the past two years and signs of marginal reduction; second, industries with signs of industry self-regulation or policy implementation; and third, industries with internal supply involution and external demand, relying on quotas to continuously improve profit margins. Finally, September is expected to see a significant increase in catalysts for innovative drugs. Furthermore, the recent technology shift has also cleared out short-term funds that had previously accumulated in the sector chasing trends. Innovative drugs are expected to continue their upward trend after this round of adjustments. In terms of allocation, it is recommended to continue focusing on resources, innovative drugs, consumer electronics, chemicals, games and military industry in September.