Broker Research: Sector, Macro and Strategy Notes

J.P. Morgan·2026-10-19Macro

China real GDP growth: 4.6% y/y2026China real GDP growth: 4.5% oya3Q26

J.P. Morgan·2026-10-19Sector

STX WDC

J.P. Morgan·2026-10-19Sector

China online retail sales growth: 4.4% yoy9M26

J.P. Morgan·2026-10-19Sector

3908.HK600999.SHCICC·Top pickChina Merchants Securities·Top pick

J.P. Morgan·2026-10-19Macro

New home prices vs 2021 peak: -14.3%2026-09Secondary home prices vs 2021 peak: -23.5%2026-09

J.P. Morgan·2026-10-19Strategy

Commodity open interest value: $2.06 trillionweek to 16 Oct 2026

J.P. Morgan·2026-10-18Sector

BYD2238.HK601238.SH

J.P. Morgan·2026-10-17Macro

J.P. Morgan·2026-10-16Sector

000333.SZ1364.HKANTA605499.SHPOPMARTLKNCY.US

J.P. Morgan·2026-10-16Macro

J.P. Morgan·2026-10-16Strategy

J.P. Morgan·2026-10-14Sector

SKHYNIX SMSN007660.KSSAMSUNGEM095340.KSKIOXIASamsung Electronics·OverweightSK Hynix·OverweightKioxia·OverweightSamsung Electro-Mechanics·OverweightISU Petasys·OverweightISC·OverweightKorean memory combined HBM revenue: US$128bn in 2027E2027

J.P. Morgan·2026-10-14Sector

J.P. Morgan·2026-10-14Strategy

NVDA SNDK

J.P. Morgan·2026-10-14Macro

J.P. Morgan·2026-10-13Macro

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

China: Growth Turns Up, Recovery Remains Fragile External strength and fiscal support lift momentum

Hardware & Networking: HDD Preview: Recent Pullback Creates Positive Setup into F1Q27 as Industry Trends Stay Intact; Favor STX vs. WDC

China Regional Banks 3Q26 preview: Core earnings growth to moderate; AQ to drive further earnings differentiation

China Ecommerce: Sep-26 online sales: Weak September exit rate tempers 4Q outlook

China Securities : 3Q26 preview: Weak Market Backdrop, but CICC and CMS Poised to Outperform

China: Housing stays weak as time-inconsistency lingers,Mortgage subsidies offer limited lift

Commodity Market Positioning & Flows : Commodities OI nears record highs as energy rally extends

China Auto Industry: EU policy move part 2: Annual volume cap on Chinese HEV PHEV

China Bond Analytics

China Consumer Shanghai Marketing Feedback

Global Commodities

Treasuries The trees are stripped bare of all they wear, what do I care-

Stock Selection via CDS Marks From Early Warning to Risk Premium

Credit Market Outlook & Strategy Hyper-ventilating again

Asia Technology: Asian Investor Marketing Feedback on Memory Korea Tech Holdco

China Home Appliance: Sept AVC Data: Weak print raises the burden of proof

Flows & Liquidity Differences to last July’s correction

Retail Radar Oct 14 – Back to Caution, Selectively Buying Semis

China–EU Trade: Buying Time, Managing Tensions

EM Asia Local Markets Compass: Rain check for shorts,Neutralizing UWs in Thailand FX and rates after the selloff