Broker Research: Sector, Macro and Strategy Notes

Morgan Stanley·2026-09-15Sector

ARWR.USRCKT.USRYTM.US

Morgan Stanley·2026-09-15Sector

ALNY.USCABA.USDYN.USKYTX.USSRPT.USVKTX.US

Nomura·2026-09-15Sector

MEITUAN BABA TENCENT

J.P. Morgan·2026-09-15Sector

0017.HK1113.HK1972.HK1997.HKSwire Properties·Top pickWharf REIC·Top pick

HSBC·2026-09-15Sector

AMZN GOOGL MSFT META ORCL SPCX

Bernstein·2026-09-15Sector

AMZN DDOG NET SNOW TWLO

Nomura·2026-09-15Sector

688331.SH9606.HKBNTX.US

Bernstein·2026-09-15Sector

ADVANTEST TOKYOELASML.AS

Bernstein·2026-09-15Sector

STO.AXWDS.AXINPEX.TJKM LNG price: Bernstein forecast2026JKM LNG price: Bernstein forecast2027

Bernstein·2026-09-15Sector

6501.T6503.T7011.T6701.T6752.T6981.T7012.THitachi·Top pickJapan IT Hardware & Electronics·Overweight

BofA Securities·2026-09-15Sector

CCJ OKLO CEG TLN VST

Nomura·2026-09-15Sector

4062.T

J.P. Morgan·2026-09-15Sector

300750.SZGEELY2015.HK

J.P. Morgan·2026-09-15Sector

005830.KSQBE.AX8630.T8725.T8766.T8795.TQBE Insurance·Top pickDB Insurance·Top pickT&D Holdings·Top pick

Goldman Sachs·2026-09-15Sector

CMM.AXGGP.AXBGL.AXEVN.AXNEMNST.AXRMS.AX

Deutsche Bank·2026-09-15Macro

Goldman Sachs·2026-09-15Sector

300783.SZ603345.SH002557.SZ

Morgan Stanley·2026-09-15Sector

BYDXPEV.US

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

China Hong Kong Consumer: China Retail Sales–Aug 2026: A Further Step Down

China Financials: Doubling down in antiinvolution and de-leveraging

Biotechnology: Key Takeaways From the 2026 MS Healthcare Conference – Day 2

Key Takeaways From The 2026 MS Healthcare Conference – Day 1

China e-commerce: E-commerce sales decelerated in August

Property Data Monitor Mainland China: Real-time secondary sales stayed positive Y Y; HK: Divergent sell-through rates

Global Tech: HSBC’s Key Tech Insights: measuring models

U.S. Internet & U.S. SMID-Cap Software: AWS Web Metrics Data: Late-Q3'26 update — softness persists

China healthcare: Data readout of China assets in WCLC 2026 (2)

Global Semiconductors: Global Semi: South Korea Equipment Import Tracker (Aug 26): Import +87% YoY

Americas Energy & Transition: Global LNG: Winter gas super-spike should only end with the conflict

Japan IT Hardware & Electronics: Japan's Physical AI Comeback-Initiating with a positive view

Global Nuclear Postcard from the 2026 WNA Symposium: converting big ambition to bold action

Semiconductor packaging industry update: Packaging substrate shipments up 68% y-y

China Battery: Is industry consolidation happening? Read-through from CATL’s acquisition of Geely’s battery assets

Asia Insurance Strategy: Going West (Part 1): Lloyd’s in London: Global Access, Capital Discipline Required

AUSTRALIA METALS & MINING: GOLD Refreshing gold equity relativity at US$3,500-5,500 oz; Upgrade CMM to Buy, GGP to Neutral

dbMetals: The Whole Flow Report: Is Chair Warsh a Serial Hiker?

CHINA CONSUMER STAPLES: Food: What we learn from past El Ni-o cycles; nuts likely face headwind while sunflower seeds konjac are mixed

China EV Weekly Orders – Launch boost, not broad lift