Broker Research: Sector, Macro and Strategy Notes

Deutsche Bank·2026-08-11Sector

BACCFG.USCHBAN.USJPM WFCUS banks·Overweight

Goldman Sachs·2026-08-11Sector

ACI.USAMZNKR.USWMTUS supermarkets·Underweight

Bernstein·2026-08-11Sector

China smart driving·Overweight

Deutsche Bank·2026-08-11Thematic

Energy·Neutral

Goldman Sachs·2026-08-11Sector

002891.SZ301498.SZChina pet food·Neutral

Citi·2026-08-11Macro

Silver·Overweight

Citi·2026-08-11Sector

Taiwan PCB·Overweight

Goldman Sachs·2026-08-11Macro

FX volatility·Overweight

Goldman Sachs·2026-08-11Sector

AMTM.USCCJD.USNuclear·Overweight

Goldman Sachs·2026-08-11Sector

China property·Neutral

Goldman Sachs·2026-08-11Sector

US investment banks·Neutral

UBS·2026-08-11Sector

China autos·Neutral

Goldman Sachs·2026-08-11Macro

Agricultural commodities·Neutral

Goldman Sachs·2026-08-11Sector

APOARES.USBXKKR.USSTEP.USTPG.USAlternative asset managers·Overweight

Bernstein·2026-08-11Sector

China autos·Neutral

Morgan Stanley·2026-08-11Thematic

Asia power and grid·Overweight

Goldman Sachs·2026-08-11Sector

GDS.USVNET.USChina data centers·Overweight

Bernstein·2026-08-10Sector

US natural gas·Overweight

Morgan Stanley·2026-08-10Sector

SBP3692.HKAZNChina biotech·Overweight

Goldman Sachs·2026-08-10Sector

TENCENT KUAISHOU MEITUAN9618.HK9988.HKChina internet·Overweight

Research: Broker notes on sectors, macro, rates and strategy

US SMID Cap Banks: What Banks Are Saying: Operating Backdrop Continues To Be Resilient, Remain + On Banks

AMERICAS RETAIL: SUPERMARKETS Evaluating the impact of Amazon Now on grocers

China Semiconductors China Smart Driving tracker (2Q26): L2++ penetration rebounded to record high at 26%; Horizon takes the lead in L2+

Thematic Research: Deal or no deal, investors are both concerned and excited

China Pet Food Monthly: Jul 2026: growth accelerated in Jul vs 2Q26 with smaller local brands MNC brands catching-up

Metal Matters: Investment demand to continue to drive silver prices as industrial demand faces substitution headwind

Taiwan PCB & Laminates: CCL price hike not a concern; Buys on Gold Circuit and Tripod

Global Markets Daily: Fed Communication and FX Volatility

Nuclear Nuggets: Global reactor tracker-August edition

China Property Weekly Wrap: Week 32 Wrap-Sequential volume weakening with leading indicators trended moderately lower; BJ announced new easing measures

AMERICAS INVESTMENT BANKS Investment Banking Monitor: Announced July activity fell, as strategic large-cap M&A and DCM moderated

China Auto Sector: One hundred new model launches

AGRICULTURE ANALYST Biofuels Primer: Why Crop Prices Increasingly Follow Fuel

AMERICAS ASSET: MANAGERS More room to run as fundraising hits record, valuations remain attractive

China Autos: Mid-Year Check-In; Exports cushion Domestic weakness, BYD and Xiaomi model updates

Investor Presentation: Asia Summer School: Powering AI

CHINA DATA CENTERS: The rise of Ulanqab as one of APAC’s largest and fastest growing AI computing clusters

Americas Energy & Transition Americas Gas: Open choke...how fast will Permian gas flow?

China Healthcare: China Biotech Funding and Licensing Monthly

NAVIGATING CHINA INTERNET: What to expect into mega-caps 2Q prints