Broker Research: Sector, Macro and Strategy Notes

Bernstein·2026-09-03Sector

002821.SZ2269.HK603259.SHWuXi AppTec·OverweightAsymchem·OverweightPeptide CDMOs·Overweight

Goldman Sachs·2026-09-03Macro

US natural gas·UnderweightNYMEX Henry Hub gas: GS forecast2027

J.P. Morgan·2026-09-03Sector

0916.HKChina wind operators·Overweight

Goldman Sachs·2026-09-03Credit

EUR IG credit·OverweightUSD IG gross issuance: GS forecast2026

Morgan Stanley·2026-09-03Sector

ADYEN.ASDB1.DEENX.PAEQT.STFTK.DELSEG.LEuropean diversified financials·OverweightEQT·OverweightEuronext·OverweightAdyen·OverweightflatexDEGIRO·Overweight

HSBC·2026-09-03Sector

SKHYNIX SMSN039030.KQKorea semicap·OverweightEO Technics·Overweight

Goldman Sachs·2026-09-03Sector

601872.SHVLCC tankers·Overweight

Morgan Stanley·2026-09-03Macro

TTF gas price: MS forecastQ4 2026

Goldman Sachs·2026-09-03Sector

0688.HK1109.HKChina Resources Land·OverweightChina developers·Neutral

Goldman Sachs·2026-09-03Strategy

KUAISHOU600309.SH6809.HK688012.SHFTSE China index additions·Overweight

Bernstein·2026-09-03Sector

CRWV IRENNeoclouds·Neutral

J.P. Morgan·2026-09-03Sector

1308.HKIntra-Asia container shipping·Overweight

Bernstein·2026-09-03Sector

NVT TT VRTData center electrical equipment·Overweight

Citi·2026-09-03Sector

TENCENT1357.HKMEITUAN BABA PDDYMM.USTencent·OverweightAlibaba·OverweightChina internet·Neutral

J.P. Morgan·2026-09-03Sector

1378.HK601600.SHChina aluminium·Overweight

J.P. Morgan·2026-09-03Sector

China power equipment exporters·Underweight

Morgan Stanley·2026-09-03Sector

BP.LEQNR.OLGALP.LSSHEL.LShell·OverweightEquinor·Underweight

Bernstein·2026-09-03Strategy

India IT services·Underweight

Citi·2026-09-03Macro

Gold·OverweightSilver·OverweightGold price: Citi forecast6-12 monthsBrent crude: Citi forecast3Q 2026

Barclays·2026-09-03Thematic

European oil services·OverweightEnergy·Overweight

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

China CDMO: Primer on peptide CDMOs Part 2-building a global supply demand model

NATURAL GAS ANALYST: US Softening in 2027, Until Demand Growth Large Enough From 2029

China wind power – blowing in the wind: Applying AI to identify wind power opportunities: August wind power generation growth set to turn positive after five months of declines

GLOBAL CREDIT TRADER An Elusive Summer Slowdown

Re-plumbing the Pipes-Technology's Reshaping of Capital Markets

Korea Technology: From backlog to earnings: Korean SPE and materials enter a multi-year upcycle

China Merchants Energy Shipping Co Ltd (601872): Asia Leaders Conference 2026 Takeaways: 4Q26 VLCC TCE to exceed US$200k day,

The European Gas Manual Even a Mild Winter Comes At a Price

CHINA REAL ESTATE: Quantify the impacts from a completed property sales model

FTSE China Index Series Review and Flow Implications

US Communications Infrastructure & Global Digital Assets Neocloud 2Q 2026 Round-up-All about timing

Container Shipping Insights: When bottlenecks become the market: Intra-Asia DDSS remains supportive, raising PT for SITC and TSL

US Industrials (August): What's driving mfg. activity? Broadbased growth or second-order data center exposure?

China Internet 2Q26 Wrap & 2H26 Outlook: AI vs. Non-AI Prospects & Debates

China Aluminium: Operators’ outlook more positive than share prices-Key takeaways from 1H26 earnings

Asia Power Equipment: Expert Call takeaways on the U.S. Executive Order: impact on order book, mitigation pathways, and next steps

Energy: The Changing Face of the Majors: Upstream Fixing Under Way

India Strategy: AI & Jobs-the impending displacement

Cross-Commodity Outlook: Bullish gold and silver; ongoing ME escalation to continue before eventual 4Q26 de-escalation

The global energy race Energy in the age of fragmentation