Broker Research: Sector, Macro and Strategy Notes

J.P. Morgan·2026-09-24Thematic

J.P. Morgan·2026-09-23Sector

TENCENT ZHIPU9988.HK0020.HKMINIMAX0268.HK600588.SHChina AI value chain·OverweightAlibaba·Top pickTencent·Top pickZhipu (Z.AI)·Top pick

J.P. Morgan·2026-09-23Sector

CRMHUBS.USCRWV MSFT

J.P. Morgan·2026-09-23Macro

J.P. Morgan·2026-09-22Sector

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

J.P. Morgan·2026-09-21Macro

China general budget revenue growth: actual2026-08

J.P. Morgan·2026-09-21Sector

J.P. Morgan·2026-09-21Macro

US 2y Treasury yield: JPM year-end targetYE26US 10y Treasury yield: JPM year-end targetYE26

J.P. Morgan·2026-09-21Sector

J.P. Morgan·2026-09-21Thematic

161890.KS4911.TBEI.DEGALD.SWOR.PAULVR.LKolmar Korea·Top pickGalderma·Top pickL'Oreal·Neutral

J.P. Morgan·2026-09-19Sector

CHYM.USXYZ

J.P. Morgan·2026-09-19Strategy

US 10y Treasury yield: JPM year-end targetYE26US 2y Treasury yield: JPM year-end targetYE26

J.P. Morgan·2026-09-19Sector

300274.SZ300750.SZ605117.SH688411.SHSungrow·OverweightChina ESS installations: JPM forecast2026E

J.P. Morgan·2026-09-18Sector

1548.HK1801.HK300760.SZ603259.SH6990.HK

J.P. Morgan·2026-09-18Sector

1318.HK2145.HK300957.SZ600315.SH603605.SH603983.SHMao Geping Cosmetics·Top pickMarubi·Underweight

J.P. Morgan·2026-09-18Sector

1919.HK9101.T9104.T9107.T

J.P. Morgan·2026-09-18Strategy

J.P. Morgan·2026-09-18Sector

KLAC AMAT LRCX MKSIKLA·Top pickWFE growth: JPM forecast2027

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

Enterprise Agentic Workflows & Multi-Agent Systems DeepFin Investor Workshop summary with Google

China AI value chain The expanding pie and race for value-Initiate broader coverage; BABA, Tencent and Z.AI are our preferred exposures

Salesforce Dreamforce and HubSpot Partner Conversations; Pre-Quiet Period Roundup

Washington Policy Perspectives: Resilient Equities, Higher Rates, and Restless Voters

China Property: Mortgage subsidies to be rolled out before National Day?

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: Fiscal execution turns the corner after soft August

China Healthcare: US Treasury Department could be making rules allowing most China out-licensing deals

Global Macro Outlook and Strategy: Global Rates, Commodities, Currencies and Emerging Markets

China Metals Activity Tracker: China Copper destocking weak vs historical trends whilst Aluminium destocking pace remains strong

Global Beauty: The Changing Face of Skin Care-the Rise of K-beauty and Technology Disruption

Small Dollar Loans: Survey Results & Tale of the Tape

The J.P. Morgan View: Pack Your Boots: The Global Rate-Hike Trail Just Reopened

ESS Demand: Against Consensus: Why we remain constructive on ESS into 2030

China Healthcare New _15th Five-Year Healthcare Plan

China Beauty: Differentiation widens; focus on quality growth and recovery

Shipping subsector: Takeaways from expert seminar on container market: Bullish short-term outlook,but uncertainty remains for longer term

FX Markets Weekly: Bullish beta, bullish USD reinforced

US Semiconductors and Semiconductor Capital Equipment,Fall Series 2026 Update