Broker Research: Sector, Macro and Strategy Notes

Bernstein·2026-10-13Strategy

SKHYNIX SMSN TENCENT2330.TW2454.TWMEITUAN9618.HK9988.HKMUAsia quality and value tech·Overweight

Morgan Stanley·2026-10-13Sector

GEELY BYD600104.SHBYD·OverweightGeely Auto·OverweightSAIC Motor·Overweight

HSBC·2026-10-13Sector

300750.SZ

Bernstein·2026-10-13Thematic

Bernstein·2026-10-13Sector

002371.SZ688012.SH688072.SHChina WFE demand: $57bn in 20262026

Morgan Stanley·2026-10-13Sector

Hong Kong/China Insurance·Overweight

Goldman Sachs·2026-10-13Sector

000786.SZ002271.SZ002372.SZ603737.SH

Nomura·2026-10-13Rates

J.P. Morgan·2026-10-13Sector

ANET CLS CSCO NVDA

BofA Securities·2026-10-13Strategy

Morgan Stanley·2026-10-13Macro

J.P. Morgan·2026-10-13Sector

002202.SZ1798.HK2208.HK601615.SH603606.SH

Bernstein·2026-10-13Sector

CCLNCLH.USRCL.USVIK.US

J.P. Morgan·2026-10-13Strategy

603296.SHHuaqin Technology·Top pickChina high-dividend stocks·OverweightChina AI·Overweight

UBS·2026-10-13Sector

Goldman Sachs·2026-10-13Macro

UBS·2026-10-13Sector

600009.SH601888.SHHTHT.US

UBS·2026-10-13Sector

BRBY.LCFR.SWMC.PAMONC.MIRMS.PA

Goldman Sachs·2026-10-13Sector

002938.SZ4958.TWAI PCB and CCL·Overweight

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

Asia Quant Strategy & Asia Semis & Internet: Asia Tech Strategy 4Q26: Valuations Reset, Revisions Slow...Stick to Quality & Value tech names

China Autos & Shared Mobility: Managed trade replaces price war-China auto exports enter the quality era?

China EV ESS battery: Five FAQs on demand, competition and CATL

European Transport Freight Forwarding: A primer-Solving the problems you never knew your supply chain had

China Semiconductors: China Semicap: Domestic WFE components-Supply shortage driven localization acceleration

Hong Kong China Insurance: Key Takeaways From Shanghai Trip

CHINA PROPERTY: BUILDING MATERIALS,3Q26 Preview: persistent demand weakness, divergent ASP outlook and cost inflation pressure

Asia Insights Asia rates: High-conviction views to receive Korea and Hong Kong

Hardware & Networking: OCP Insights: Day 1 Highlights Increasing Complexity in Scaling AI Infrastructure

Asia Fund Manager Survey Show me the money-tization

The Oil Manual: Exceptional Shipping Cost and Its Impact on Brent Prices

China Wind: Not All Wind Is Losing Speed; Value Emerges as Negatives Being Priced-In

Global Hotels & Leisure Cruise: Still onboard (Q3 preview October price tracker)

China A-shares Equity Strategy: Onshore flows remain subdued,but AI still anchors the growth side of our barbell approach

China Brokers Sector: APAC Focus: The rise of the research empowered investment-IB flywheel

GLOBAL ECONOMICS ANALYST: DM Growth Rules of Thumb for Higher Rates

AGRICULTURE ANALYST: Black Sea Grains Rerouting: Only Partial and Risky

China Transport, Leisure and Beauty: Virtual tour takeaways: Finding growth in a tougher environment

European Luxury: What is the read-across from LVMH's results?

China PCB: Avary (002938) Chairman visit: Rising AI server and optical module PCB; Accelerated capacity expansion on strong demand