Citigroup strategists downgraded the UK stock market rating from increasing holdings to reducing holdings, saying that the current corporate profit growth and market-leading sectors are showing a diffusion trend, while the structural appeal of the British stock market, which focuses on defensive and commodity sectors, has declined. A team of strategists led by Beata Mantai said that after capital flows out of the US technology sector, European markets other than the UK will benefit; the region can hedge against fluctuations in the artificial intelligence sector, has good distributed allocation value, and maintains a neutral rating. The team also raised the European financial sector's rating from neutral to increased, believing that the sector benefits from higher profit expectations, attractive valuations, and a continued positive cyclical environment. “If economic data continues to exceed expectations, the financial sector is expected to follow the overall upward trend in the general market.” The report points out that whether the spread of market conditions can continue depends on the continued improvement of macroeconomics and companies' earnings per share expectations, and the gradual slowing of gains in the technology sector. The strategist raised the rating of the Japanese stock market from reducing holdings to increasing holdings, saying that the Japanese stock market has both cyclical elasticity and structural growth attributes, and is a target with great allocation value.

Citigroup strategists downgraded the UK stock market rating from increasing holdings to reducing holdings, saying that the current corporate profit growth and market-leading sectors are showing a diffusion trend, while the structural appeal of the British stock market, which focuses on defensive and commodity sectors, has declined. A team of strategists led by Beata Mantai said that after capital flows out of the US technology sector, European markets other than the UK will benefit; the region can hedge against fluctuations in the artificial intelligence sector, has good distributed allocation value, and maintains a neutral rating. The team also raised the European financial sector's rating from neutral to increased, believing that the sector benefits from higher profit expectations, attractive valuations, and a continued positive cyclical environment. “If economic data continues to exceed expectations, the financial sector is expected to follow the overall upward trend in the general market.” The report points out that whether the spread of market conditions can continue depends on the continued improvement of macroeconomics and companies' earnings per share expectations, and the gradual slowing of gains in the technology sector. The strategist raised the rating of the Japanese stock market from reducing holdings to increasing holdings, saying that the Japanese stock market has both cyclical elasticity and structural growth attributes, and is a target with great allocation value.