CITIC Securities research report suggests that three major themes, AI, going overseas, and weight-loss drugs, have a strong correlation between economic vitality and performance. In terms of AI, the development of Gen AI models is evolving rapidly and driving the industry chain of computing power, which will become one of the main themes throughout 2024. Focus on investing in core directions and highly deterministic links, and recommend paying attention to seven links of the industry chain of computing power, including computing power chips, servers, liquid cooling, communication networks, AI on the edge, domestic chips, and advanced packaging. With regard to overseas expansion, Chinese enterprises are expected to seize opportunities brought by changes in regional demand structure or new industry trends by relying on production capacity, brand, and business as the three major modes of overseas development. In the future, overseas expansion potential may be concentrated in industries such as autos, power equipment, pharmaceuticals, consumer electronics, and machinery. Regarding weight-loss drugs, GLP-1 RA drugs represented by semaglutide and tirzepatide have dual therapeutic effects of lowering blood sugar and losing weight, and the industry is in a period of rapid growth. They have broad prospects in the mainstream markets for diabetes and obesity.