Central News Agency (CNA, Taipei, June 30) CTBC Bank stated today that in the second half of this year, two key variables requiring attention are geopolitical risks and concerns over debt sustainability. Corporate profit momentum will continue to be supported by artificial intelligence investment and manufacturing. The bank recommends adopting a strategy of "AI growth as the main theme, with diversified allocation" to focus on AI-driven technology stocks while managing risks and maintaining stable asset growth through diversified allocation and dynamic adjustments. CTBC Bank issued a press release today stating that in the first half of this year, global financial markets were significantly influenced by geopolitical conflicts and the expansion of AI capital expenditure. Among these, sectors with policy support and AI industry performance shone the brightest, with Taiwan, South Korea, and Japan's stock markets showing significant returns, leading major markets. CTBC Bank forecasts that the projected deficit in the crude oil market supply and demand will continue until the end of 2026. Oil prices and inflationary pressures will constrain monetary policy, delaying the US Federal Reserve's interest rate cuts and resulting in moderate expansion of end-user demand. Structurally, the trend of divergence in the global economy and markets is widening. AI and technology investments are driving the growth of high value-added industries, with related exporting countries performing relatively well. On the consumer side, a K-shaped divergence is evident, with strong momentum among high-income groups and rising pressure on low-income groups. In capital markets, funds remain concentrated in large-cap technology stocks. However, as the economic expansion and corporate profits gradually spread, funds are expected to shift towards undervalued and cyclical-sensitive sectors, leading to broader market participation. CTBC Bank reminds investors that in the second half of the year, both