Broker Research: Sector, Macro and Strategy Notes

Goldman Sachs·2026-08-24Strategy

Goldman Sachs·2026-08-24Sector

KIOXIA6146.T6361.TLASERTEC TOKYOELWFE market: GS forecastCY2026

Goldman Sachs·2026-08-24Macro

Goldman Sachs·2026-08-24Sector

1815.TWO2383.TW6274.TWOTaiwan CCL·Overweight

Goldman Sachs·2026-08-24Macro

Global Current Activity Indicator: GS estimateJul-2026

Goldman Sachs·2026-08-24Sector

SKHYNIX SMSN SAMSUNGEM058470.KQKorea memory supply chain·Overweight

Goldman Sachs·2026-08-24Strategy

Technology·OverweightAutos·Underweight

Goldman Sachs·2026-08-24Macro

Goldman Sachs·2026-08-24Sector

COIN FIGR HOODIBKR.USUS retail brokers·Overweight

Goldman Sachs·2026-08-24Sector

000898.SZ0323.HK0347.HK1088.HK600019.SH601088.SHChina basic materials·Neutral

Goldman Sachs·2026-08-24Sector

002142.SZ601009.SHBank of Ningbo·Top pick

Goldman Sachs·2026-08-23Strategy

JPM MA VUS Financials·Neutral

Goldman Sachs·2026-08-23Macro

China export volume growth: GS forecast2026

Goldman Sachs·2026-08-23Sector

TOKYOEL AMAT ASML LRCXSemiconductor capital equipment·OverweightGlobal WFE market: GS forecast2026Global WFE market: GS forecast2027

Goldman Sachs·2026-08-23Sector

002472.SZ300124.SZ9880.HKHumanoid robot supply chain·Overweight

Goldman Sachs·2026-08-23Macro

Goldman Sachs·2026-08-23Strategy

Korea·Neutral

Goldman Sachs·2026-08-22Strategy

Korea·Neutral

Goldman Sachs·2026-08-22Strategy

Taiwan·NeutralTaiwan export orders: MOEAJul-2026

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

Index Strategy: FTSE Global Equity Index Series Rebalancing Review and Flow Implications (September 2026)

Japan Technology: Semiconductor Capital Equipment: Raising WFE outlook; production capacity pricing power in face of strong orders becoming increasingly important

Tracking U.S. Supply Chain Congestion: GS Supply Chain Congestion Scale: Aug 24th; Index Higher W W, Bottleneck Scale Unchanged at ‘2’

Taiwan CCL: Fulltech mgmt. visit: Ongoing product mix shift toward high end, suggesting accelerating market share from Taiwan CCL players

Global: GS Economic Indicators Update: China Spending Data Surprises to the Downside

SOUTH KOREA TECHNOLOGY: Korea WFE Substrate CCL Chip testing HBM Supply Chain Check reinforces our positive view on Samsung Electronics, SK Hynix, and SEMCO

Global Weekly Kickstart: Passive Flows Continue to Favor Technology

US ECONOMICS ANALYST Inflation Expectations After Five Years of High Inflation

AMERICAS BROKERS & CRYPTO A cautiously optimistic outlook for 2H26

CHINA BASIC MATERIALS MONITOR Aug 2026: Supply keeping price supported amid weak demand

CHINA BANKS: Earnings review,Growth Holds Up, Differentiation Accelerates

AMERICAS DIVERSIFIED FINANCIALS: 2Q26 mutual fund and hedge fund Financials positioning analysis

ASIA ECONOMICS ANALYST: China’s Broad-Based Export Strength to Persist Despite Limited AI Boost

GLOBAL TECHNOLOGY: SEMICONDUCTOR CAPITAL EQUIPMENT,Raising 2026-28 WFE estimates, driven by memory and foundry strength

CHINA HUMANOID ROBOT 2026 WRC takeaways: Healthy shift to commercialization & ROI

Natural Gas Comment: Delayed Hormuz Normalization Forces Price-Driven Fix

EM WEEKLY FUND FLOWS MONITOR: Foreign selling led by Korea w w

ASIA-PACIFIC WEEKLY KICKSTART: MXAPJ rose another 1% as HK China Offshore rebounded and Asian FX strengthened despite resumed foreign selling;tech exports remained resilient amid higher oil prices

KOREA WEEKLY KICKSTART: KOSPI declined marginally amid volatility triggered by the global bond yields and foreign outflows

TAIWAN WEEKLY KICKSTART: TAIEX retreated 1% as Tech stocks dragged