Broker Research: Sector, Macro and Strategy Notes

Citi·2026-10-02Thematic

GOOGL META NVDA

Citi·2026-09-15Sector

AAPL

Citi·2026-09-15Macro

China GDP growth: Citi forecast2026

Citi·2026-09-14Sector

SKHYNIX SMSN MUDRAM bit supply growth: Citi forecast2027

Citi·2026-09-10Sector

0688.HK0817.HK1109.HKBEKE.USChina Overseas Land·Top pickCR Land·Top pickBeike·Top pickJinmao·Top pick

Citi·2026-09-10Strategy

Chile GDP growth: BCCh forecast revised lower2026

Citi·2026-09-04Sector

CPRI.USTPR.USGlobal luxury goods·Neutral

Citi·2026-09-03Macro

China industrial production: Citi forecastAug 2026China retail sales: Citi forecastAug 2026

Citi·2026-09-03Sector

TENCENT1357.HKMEITUAN BABA PDDYMM.USTencent·OverweightAlibaba·OverweightChina internet·Neutral

Citi·2026-09-03Macro

Gold·OverweightSilver·OverweightGold price: Citi forecast6-12 monthsBrent crude: Citi forecast3Q 2026

Citi·2026-09-02Sector

2228.HK3696.HK688222.SHInsilico Medicine·OverweightAI drug discovery·Overweight

Citi·2026-09-02Strategy

US equities·OverweightDuration·UnderweightCredit·UnderweightGold·Overweight

Citi·2026-09-02Macro

LNG·Underweight

Citi·2026-08-25Macro

Grains and oilseeds·OverweightCorn price: Citi 12-month target12mSoybean price: Citi 3-month forecast3m

Citi·2026-08-18Sector

002475.SZLENOVO2454.TW3008.TW6613.HKAAPLSmartphone supply chain·Underweight

Citi·2026-08-18Sector

China property·UnderweightBase metals·Neutral

Citi·2026-08-18Sector

ABNB AMZN BKNG CVNA DASH GOOGL META RDDTUS internet·Overweight

Citi·2026-08-11Sector

China autos·Neutral

Citi·2026-08-11Sector

1913.HKKER.PAMC.PARMS.PAUHR.SWLuxury goods·Neutral

Citi·2026-08-11Macro

Silver·Overweight

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

Artificial Intelligence Citi’s Inference Ahead - Building the Rails for Scaled Intelligence

Global Consumer Electronics: Pockets of Strength Amidst Mixed Spending Intentions; AAPL Maintaining Brand Leadership

China Economics: Looking Through the August Numbers to Focus on Policies and Geopolitics

Global_Semiconductors_Continual_Learning_to_Fuel_HBMeSSD_Demand_AI_TrainingInference

China Property: The 3rd Industry Revolution & The 2nd Round of Supply-side Reform

Emerging Markets Strategy Weekly: EM Resilient Despite Core Rate Vulnerabilities

Global Luxury Goods—Card Insights : US Luxury credit card spend remains negative in August, marking a second consecutive monthly decline

China Economics A Cyclical Bottom Within the Year- - August Data Preview

China Internet 2Q26 Wrap & 2H26 Outlook: AI vs. Non-AI Prospects & Debates

Cross-Commodity Outlook: Bullish gold and silver; ongoing ME escalation to continue before eventual 4Q26 de-escalation

China Healthcare AI-led Drug Discovery the Next Big Thing-Top Pick Insilico

THE CHIEF INVESTMENT OFFICE PERSPECTIVE: THE SHORT AND LONG 2026 Q2 Macro Investment View

Global Gas and Power Insights Asia competing against Europe for LNG- Fuel-switching boost to Indian LNG imports to fade

Global Commodities: Super El Nino and Geopolitical Supply Risks Reinforce Our Bullish Ags View and Raise Food Inflation Risks

Global Tech Hardware: 1H26 a Beat; Raise 2026E But Trim 2027-28E Shipment

Global Metals & Mining: China property metrics decline continues in July; incremental declines less material to metal demand

North America Internet Internet Traffic Trends Analysis: Positive Traffic & Engagement Trends for GOOGL, META, DASH, CVNA, & ABNB

China Auto Manufacturers: CPCA data—Jul EV domestic penetration surged to 65.1%; ICE NEV export at 42% 148% YoY

Global Luxury Goods: Luxury Pricing Tracker: limited July price increases, led by Louis Vuitton and Omega

Metal Matters: Investment demand to continue to drive silver prices as industrial demand faces substitution headwind