Broker Research: Sector, Macro and Strategy Notes

Goldman Sachs·2026-08-31Sector

3110.T3436.T4004.T4182.T4186.T5016.T5706.TJapan electronic materials·Overweight

Bernstein·2026-08-31Sector

China factory automation·OverweightChina industrial robot production: actualJul 2026

Morgan Stanley·2026-08-31Sector

GUJGASLTD.NSIGL.NSIndia city gas distribution·Neutral

Barclays·2026-08-31Macro

China NBS manufacturing PMI: actualAug 2026

Barclays·2026-08-31Strategy

US front-end Treasuries·Overweight

Goldman Sachs·2026-08-31Sector

FDX.USUPS

Bernstein·2026-08-31Thematic

SPCXAMT.USCCI.USSBAC.USTMUS TDirect-to-device satellite·Neutral

UBS·2026-08-31Strategy

Japan IT·Overweight

Morgan Stanley·2026-08-31Sector

DOV.USEMRIR.USTTUS multi-industry·OverweightTrane Technologies·OverweightChicago PMI: actualAug 2026

Deutsche Bank·2026-08-31Macro

China property developers·Underweight

Goldman Sachs·2026-08-31Sector

APH FGM.USTSLA VRTDatacenter supply chain·Overweight

HSBC·2026-08-31Thematic

300136.SZ600498.SHChina satellite supply chain·OverweightSunway Communication·OverweightFiberHome·Overweight

Morgan Stanley·2026-08-31Sector

AMBA.USAVGO NVDA SWKSAI semiconductors·Overweight

Nomura·2026-08-31Macro

USD/CNY fix: Nomura projection2026-08-31

Nomura·2026-08-31Macro

BOJ rate hikes: Nomura forecastSep 2026-Apr 2027

BofA Securities·2026-08-31Sector

0123.HK0688.HK1109.HK2202.HK600048.SHChina property developers with strong balance sheets·Overweight

Morgan Stanley·2026-08-31Sector

9022.T9064.T9069.T9142.TSenko Group·OverweightYamato HD·UnderweightJR Kyushu·OverweightJR Central·UnderweightJapan marine transportation·Underweight

Morgan Stanley·2026-08-31Sector

0425.HK601799.SHChina auto parts·Neutral

Nomura·2026-08-31Strategy

Korea rates (receive)·OverweightSGD long-end rates·Underweight

J.P. Morgan·2026-08-31Sector

000333.SZANTA2097.HK605499.SHPOPMARTLKNCY.USChina consumer·UnderweightPop Mart·UnderweightAnta Sports·Overweight

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

JAPAN CHEMICALS SPECIALTY Earnings revisions for 7 electronic

Asian Industrial Technology: Asian Industrial Tech: The Barometer (July August 2026)

India Gas: Inventories Unwinding = More Fuel Price Hikes

China Weakness persists despite some improvement

US Rates Research-Flow of Funds Back to the Front End

US Tariff Impact Tracker LA Imports Dip Before Labor Day

Aerospace & Defense, US Telecom & Communications Infrastructure SpaceX-More on Direct-to-Device Mobile - what would a buildout cost- Our detailed bottom-up estimates

Japan Quant Pulse Beyond the beats: market trends, positioning and alpha ideas

CoTW: 2H26 Durability Questions Grow as August Chicago PMI Enters Contraction Territory

China Macro: A New Era Begins: Rewriting China's Property Model

US Autos & Industrial Tech 2Q26 Earnings Takeaways & Communa

China Satellite Supply Chain: A primer on the space race

Semiconductors Weekly Earnings Week 7 (AVGO, AMBA), SWKS Tech Day

USD CNY fix model: Projection: 6.7362

Japan-FY26–28 economic outlook-We maintain scenario for economic recovery driven by capex

China Property (H A) Presales reforms: short-term pain, but long-term gain for market leaders

Investor Presentation: Transportation

China Auto Parts - Asia Pacific 2Q26 Wrap-up-Not Much About Autos

Asia Insights: Asia rates: Outperformance against US rates likely selective

APAC Consumer China’s lower estimates, higher bar