[Citi Maintains 'Overweight' Rating on U.S. Stocks, Favors Tech and Healthcare Sectors] According to a report by Jinse Finance on May 11, Citi strategists stated that the outperformance of the U.S. stock market, driven by a few large-cap tech stocks, is expected to continue. The team, led by Beata Manthey, maintains an 'overweight' stance on U.S. equities in global asset allocation, while favoring the technology, healthcare, and materials sectors at the industry level. In the report, Beata Manthey wrote: 'We expect the internal "concentration trend" of the market to persist. Amid the spillover uncertainty caused by the Iran conflict, fundamental factors will once again take the lead.' Manthey added: 'If progress is made toward a sustained ceasefire between the U.S. and Iran, it could trigger a rebalancing of funds, leading to a rebound in previously underperforming assets.' She also noted that the attractiveness of allocations in the European continental market is rising. At the industry level, she believes the most appealing sectors in Europe (excluding energy) include software, retail, and real estate.