Analysts See Fed Rate Hike in September, Favor AI Compute and Resources for A-Shares

The framing here is a conditional bet: a preventive Fed hike is treated as a contained event, which lets domestic industry factors take over as the A-share driver. That matters most for cyclical and policy-sensitive sectors, where the rotation toward AI compute and resource pricing implies analysts see earnings visibility rather than liquidity as the differentiator. The open question is whether the Fed's path stays as benign as assumed and whether resource-price momentum holds once the hike lands.