Broker Research: Sector, Macro and Strategy Notes

Morgan Stanley·2026-09-10Sector

ASEAN Energy and Materials·OverweightIndia Oil & Gas·Neutral

Morgan Stanley·2026-09-10Thematic

CI.USCVS LLY UNH

Morgan Stanley·2026-09-10Thematic

Morgan Stanley·2026-09-09Thematic

000333.SZBYD300750.SZ688169.SH9660.HKChina industrial upgrade·Overweight

Morgan Stanley·2026-09-09Sector

BABA

Morgan Stanley·2026-09-09Sector

2317.TW2382.TW3231.TWWistron·Top pickGreater China Technology Hardware·Neutral

Morgan Stanley·2026-09-09Sector

Greater China Materials·Overweight

Morgan Stanley·2026-09-08Macro

Morgan Stanley·2026-09-08Strategy

S&P 500: 8,300 base (bear 5,900 / bull 9,400)Q2 2027MSCI Europe: 2,810 base (bear 1,820 / bull 3,080)Q2 2027TTF gas: ~EUR85/MWh this winterwinter 2026-27

Morgan Stanley·2026-09-08Sector

002653.SZ9606.HK9966.HKChina biotech total funding: c.US$1.33bn (-24% MoM)Aug-26China biotech out-licensing deal value: c.US$5.7bn (-38% MoM, +35% YoY)Aug-26

Morgan Stanley·2026-09-08Sector

ASML.ASBESI.ASIFX.DESNPS.USEuropean semiconductors·Neutral

Morgan Stanley·2026-09-08Credit

Morgan Stanley·2026-09-08Sector

600176.SH601609.SH603799.SH

Morgan Stanley·2026-09-08Thematic

Morgan Stanley·2026-09-07Sector

AKE.PABAS.DECRDA.LEVK.DEGIVN.SEuropean chemicals·Neutral

Morgan Stanley·2026-09-07Sector

Greater China materials·Overweight

Morgan Stanley·2026-09-07Macro

Fed policy rate easing: MS forecast2027

Morgan Stanley·2026-09-07Strategy

AI computing·OverweightAI networking·OverweightLegacy memory·Overweight

Morgan Stanley·2026-09-07Sector

AEIS.USMKSI ONTOAdvanced Energy·OverweightMKS·OverweightUS semicap·Neutral

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

Energy and Tankers: Tanker & Fuel: A Golden Age

Healthcare Consumers Increasingly in Driver's Seat

China's Next Industrial Revolution

Energy Security: Challenges,Paths, and Symbiosis

China's Emerging Frontiers China's Next Industrial Revolution

China AI Foundation Model Our View on DeepSeek V4 Flash Price Cut

Greater China Technology Hardware: GB200 and GB300 NVL72 Racks in August 2026

China Materials: China Trip Takeaways – Day 3

AI and Economic Transition Dispelling an AI Myth: Why Affluent Consumers May Be Safer Than Advertised

Cross-Asset Spotlight: Crude Spikes, Yen Rallies

China Healthcare: China Biotech Funding and Licensing Monthly

Technology - European Semiconductors: Time to Be Selective

Global Credit Strategy: Private Credit Tracker 2Q 2026 – Resilience Meets Refinancing Risk

China Materials - Asia Pacific: China Trip Takeaways – Day 2

Digital Assets: From Disruption to Convergence

Chemicals-The C-Hain 24: China returns to net import position. EVK spread dips materially.

China Materials: China Trip Takeaways – Day 1

US Economics Outlook: Capex over consumption

Which Al Bottleneck To Invest In-

Semiconductor Capital Equipment 7 Debates on SPE