Broker Research: Sector, Macro and Strategy Notes

Goldman Sachs·2026-09-04Strategy

Korea shipbuilding·Overweight

BofA Securities·2026-09-04Strategy

JPY·OverweightAUD·OverweightUSD/JPY: BofA forecastYE 2026

J.P. Morgan·2026-09-04Sector

6762.TSTX WDCHDD supply chain·Overweight

Goldman Sachs·2026-09-04Macro

Goldman Sachs·2026-09-04Sector

7003.T7014.T7721.TJapan shipbuilding·Overweight

Morgan Stanley·2026-09-04Sector

China healthcare·Overweight

Goldman Sachs·2026-09-04Sector

3131.TWO7769.TWOSAT equipment·Overweight

Morgan Stanley·2026-09-04Sector

4502.T4519.T4568.T4578.TJapan pharma·Neutral

Goldman Sachs·2026-09-04Sector

6146.T6361.TLASERTEC7729.TTOKYOELJapan semicap·Overweight

Morgan Stanley·2026-09-04Strategy

Goldman Sachs·2026-09-04Sector

300383.SZ300442.SZ603881.SHRange Intelligent·Overweight

BofA Securities·2026-09-04Strategy

US Treasuries 5y·Overweight

Bernstein·2026-09-04Sector

6146.TBESI.ASHybrid bonding·Neutral

Morgan Stanley·2026-09-04Strategy

India equities·OverweightIndia industrials·OverweightBSE Sensex: MS targetJun 2027

BofA Securities·2026-09-04Macro

ECB policy rate change: BofA forecastSep 2026 meeting

HSBC·2026-09-04Sector

0688.HK0817.HK0960.HK1030.HK1109.HK1908.HK3900.HKChina property developers·Neutral

Goldman Sachs·2026-09-04Strategy

German equities·OverweightFrench equities·UnderweightEuropean technology·OverweightEuropean banks·OverweightEuropean autos·UnderweightEuropean chemicals·Underweight

J.P. Morgan·2026-09-04Sector

002142.SZ601009.SH601229.SHBank of Ningbo·OverweightBank of Nanjing·OverweightBank of Shanghai·Underweight

Goldman Sachs·2026-09-04Strategy

Goldman Sachs·2026-09-04Sector

002008.SZ002472.SZ300450.SZLead Intelligent·OverweightShuanghuan·OverweightChina robotics & automation·Overweight

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

KOREA WEEKLY KICKSTART: KOSPI declined by 1.5% despite continued strong buyback inflows and KRW strength

Global FX weekly: Means to a Yen

HDD SSD supply chain : HDD and SSD market seminar report

Asia-Pacific Growth Monitor Still Solid Ahead of Energy Price Uptick

Japan Shipbuilding: Government support for Imabari JMU Namura; positive for Namura Mitsui E&S; still bullish on sector names

Beijing Health Check 289: DRG DIP 3.0 Read – Deepening Reform, With Resource Direction to True Innovation

Taiwan Technology: Semiconductors: Day 2: Key takeaways from SEMICON Taiwan 2026: Stronger OSAT momentum into 2027

Investor Presentation: Pharmaceuticals

Japan Technology: Semiconductor Capital Equipment: Semicon Taiwan 2026: Strength of equipment demand reaffirmed

Global Rates Strategy: Government Bond Auctions: The Month Ahead

China Data Centers: 2Q26 A-shares Review: Mixed IDC results on slow move-in;GPUaaS pivot at divergent scale;Prefer Range In

Global Rates Weekly: Bonds falling, autumn calling

Japan EU Semis and Global Memory: Besi, DISCO & Global Memory — Push out of HBM hybrid bonding is likely temporary

India Equity Strategy Playbook: A Long Way Up

Global Economic Weekly : Is this a Kohn day or a Bernanke day?

China Real Estate Completed-home sales reform (ii)-Repricing the net risk

EUROPE WEEKLY KICKSTART Back to School: Constructive, but Selective

China Regional Banks 2Q26 review: Core earnings resilient, while AQ divergence widens; prefer BoNB and BoNJ

EM WEEKLY FUND FLOWS MONITOR : North Asia saw US$5bn foreign selling, while Brazil saw

Robotics & Automation Asia Leaders Conference 2026 Takeaway