Broker Research: Sector, Macro and Strategy Notes

J.P. Morgan·2026-09-29Sector

1378.HK2600.HKNHY.OLRIO.AX

Goldman Sachs·2026-09-29Sector

0688.HK0817.HK

UBS·2026-09-29Sector

BEKE.US

Bernstein·2026-09-29Thematic

Nomura·2026-09-29Macro

China PSL rate: actualSep 2026

Barclays·2026-09-29Credit

CBK.DECorporate hybrids·OverweightBank hybrid capital·Underweight

BofA Securities·2026-09-29Sector

0386.HK0857.HK1208.HK1378.HKZIJINMINING3993.HK

Goldman Sachs·2026-09-29Macro

China PSL 1-year rate: actualSep 2026

J.P. Morgan·2026-09-29Sector

DBK.DEGSMS.USGlobal investment banks·Overweight

Goldman Sachs·2026-09-29Sector

MA V

UBS·2026-09-29Macro

Bernstein·2026-09-29Sector

LYFT.USUBER

Goldman Sachs·2026-09-29Sector

JAZZ.USPRAX.USRAPP.USSTOK.US

Goldman Sachs·2026-09-29Sector

Barclays·2026-09-29Thematic

BofA Securities·2026-09-29Sector

INTC LRCX MRVL MU NVDAUS semiconductors·OverweightNVIDIA·Top pickIntel·Top pickMarvell·Top pickMicron·Top pickLam Research·Top pick

Bernstein·2026-09-29Sector

1801.HK2359.HK600276.SHONC.US

Bernstein·2026-09-29Sector

ANET CIEN CLS COHR CSCO GLW LITEUS networking & optical·OverweightCelestica·Top pick

Nomura·2026-09-29Sector

MRK

Goldman Sachs·2026-09-29Sector

4004.T4182.T

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

Aluminium Dashboard: Global demand down 1% YTD,but visible inventory is off sharply;expect a balanced market in 2027

China Property Weekly Wrap: Week 39 Wrap-volume pulled back with weakening leading indicators; BJ SH unveiled implementation rules for Aug 28 reform

China Property: Mortgage subsidy falls below expectation

Asia Quantitative Strategy: Gen AI in Asset Management,Chat with Co-founder & CEO of Writer - Key Takeaways & Replay

Asia Insights: China: The new round of supportive measures is not sufficient to bolster growth

Global Hybrid Capital: The ins and outs of financial hybrids

Basic Materials Asia Pacific (H A) 2026 APAC Conference & Tour Takeaways Metals, AI Materials, Power & Energy

China: Targeted easing follows State Council call, growth impulse may be modest

Global Investment Banks: Signs of late cycle IB balance sheet expansion: peeling the onion

PAYMENTS AND FINTECH: Investor feedback on Agentic Commerce deep dive

Global Macro Chart of the Day: (#162): Comparing China's ascendancy in auto markets with Japan in the 1970s-1980s

US Emerging Internet: Autonomous Vehicles: The Robotaxi race is on

Americas Healthcare: Biotechnology: A KOL update on the emerging epilepsy landscape

Global Metals & Mining: Takeaways From Brazil Rare Earths Day & Rare Earths 101

AI Frontiers: The Rogue Agent Myth

US Semiconductors Accelerating the Frontier Agentic race expands AI TAM to $2.2T

China Pharma and Biotech China Next Winners: More than AIDD-drug development in the AI age

US Networking & Communications Equipment US Networking: Scaling the bandwidth wall. Initiating with a positive view

China healthcare: A record-breaking out-licensing deal signed

Japan Chemicals: CCL trade data: Aug export value up 30% YoY but down 24% MoM; Potential softening in BT substrate demand