Stock market adjustments in the A-share technology sector, industry insiders say overall risks may be relatively controllable.

On May 21st, the previously strong A-share semiconductor sector saw a correction, and the mining sector also experienced a simultaneous pullback, with several "innovation and entrepreneurship" related ETFs showing significantly increased trading volume in the final trading session. Regarding this adjustment in the technology market, industry institutions believe that rising overseas interest rates and a strong US dollar are suppressing valuations, causing risk assets to enter a phase of repricing. Due to factors such as profits, AI narratives, and fund preferences, the short-term market is showing a trend of high-level fluctuations. It is worth noting that the trend in the AI industry has not been refuted, and the three elements of profits, liquidity, and risk preferences have not shown systematic deterioration, indicating that market risks may be relatively controllable.