Broker Research: Sector, Macro and Strategy Notes

J.P. Morgan·2026-09-21Sector

0857.HKRELIANCE.NS010950.KS096770.KS1326.TW5021.T600309.SHALD.AXPetroChina·Top pickReliance Industries·OverweightSK Innovation·Overweight

J.P. Morgan·2026-09-21Sector

000333.SZ

Morgan Stanley·2026-09-21Strategy

3988.HK002142.SZ002371.SZ

BofA Securities·2026-09-21Thematic

Security & defense themes·OverweightClean energy·Underweight

UBS·2026-09-21Sector

002460.SZ002466.SZChina lithium carbonate price: UBS forecast2027E

Morgan Stanley·2026-09-21Sector

6160.HKAKESOChina biotechnology·Overweight

UBS·2026-09-21Sector

AAL.LFCXFM.TOHBM.USTECK.USAnglo American·Top pickTeck Resources·Top pickFirst Quantum·Top pickFreeport-McMoRan·Top pickHudbay Minerals·Top pick

Barclays·2026-09-21Thematic

ADSKAGCO.USPWRWMS.US

Bernstein·2026-09-21Thematic

002475.SZ2308.TW2360.TW2382.HK2382.TW3008.TW3037.TW688041.SH688256.SH688981.SH

Goldman Sachs·2026-09-21Sector

000333.SZ000651.SZ600690.SH

J.P. Morgan·2026-09-21Macro

China general budget revenue growth: actual2026-08

Bernstein·2026-09-21Sector

DVN.USEQTEXE.US

Nomura·2026-09-21Macro

USD/CNY fix: Nomura model projection2026-09-21

Barclays·2026-09-21Sector

HOODIBKR.USSCHWU.S. Brokers, Asset Managers & Exchanges·Overweight

HSBC·2026-09-21Strategy

UBS·2026-09-21Sector

1898.HK601699.SH

Morgan Stanley·2026-09-21Sector

DELLPSTG.USCDW.USHPEHPQ.USSNX.USSTXHP Inc·AvoidTD SYNNEX·Top pick

Bernstein·2026-09-21Thematic

Goldman Sachs·2026-09-21Sector

0023.HK2388.HKHong Kong residential prices: GS forecast2026E

Goldman Sachs·2026-09-21Strategy

Equities·OverweightBonds·NeutralCommodities·Neutral

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

Chemical Reactions: September 2026: Asia diesel crack rallies as consumers absorb VLCC inflation; resilient PX spread on PTA production ramp; softer 2H chemicals demand

China Home Appliance: Takeaways from Europe HVAC expert call

China Equity Strategy: Correction: Focus List Changes – China HK and China A-share Thematic

The New Transition Playbook– who’s in, who’s out-

China Lithium: Off the peak but oversold

China Biotechnology - Asia Pacific 15th Five-Year Plan - Domestic Growth and Infrastructure As Actual Upside Beyond Headlines

Copper: Catalysts & risks into 4Q26

Sustainable Investing: Adaptation in Action: A Global Universe of Solution Providers

Asia Tech Hardware: China Next Winners-Asia Tech: The push toward NPO and AI SuperPod

CHINA CONSUMER DURABLES: APPLIANCE TRACKER : Aug 2026,Further domestic end demand improvement on easing base despite weak sell-in,resilient exports

China: Fiscal execution turns the corner after soft August

Americas Energy & Transition E&P State of the Business 2Q26: High oil prices realized

USD CNY fix model

U.S. Brokers, Asset Managers & Exchanges: Clarity After Clarity: Thoughts on the SEC's Innovation Exemption

El Ni-o: Weathering the risks,GEMs Equity Strategy

China Basic Materials: Met coal: The tide is turning

IT Hardware: The State of Enterprise Hardware Spending

Gen AI in Asset Management: Chat with CTO & COO of Aiera-Key Takeaways & Replay

HONG KONG TRACKER: Softened housing volume but resilient pricing. Office recovery broadening to non-central districts. Retail rents tracking behind

GOAL KICKSTART: Markets repricing around higher rates and oil prices