Broker Research: Sector, Macro and Strategy Notes

HSBC·2026-11-03Sector

300750.SZCATLCATL·Overweight

HSBC·2026-11-03Strategy

China equities·OverweightBuyback relending rate: Policy rate cited

HSBC·2026-10-27Sector

1209.HK

HSBC·2026-10-27Sector

0688.HK1109.HKBEKE.USChina Resources Land·Top pickChina Overseas Land & Investment·Top pickKE Holdings·Top pick

HSBC·2026-10-26Sector

2383.TW3037.TW3044.TW6274.TW8046.TWCCL·Overweight

HSBC·2026-10-21Strategy

002371.SZ600183.SHChina Info Tech·OverweightChina Healthcare·OverweightChina Industrials·UnderweightChina Consumer Discretionary·UnderweightChina Real Estate·Underweight

HSBC·2026-10-21Sector

0939.HK1658.HK601398.SH601939.SHCCB-H·Top pickBOC-H (code as printed)·Top pick

HSBC·2026-10-13Sector

300750.SZ

HSBC·2026-10-12Macro

HSBC·2026-10-12Thematic

HSBC·2026-10-09Sector

0836.HK0902.HK1071.HK

HSBC·2026-10-09Sector

0316.HK2603.TW1919.HK

HSBC·2026-10-09Sector

688188.SH688083.SH

HSBC·2026-09-29Macro

Global GDP growth: forecast2026Global GDP growth: forecast2027

HSBC·2026-09-28Sector

300442.SZ300454.SZ

HSBC·2026-09-23Sector

2202.HK0688.HK1109.HK

HSBC·2026-09-23Sector

1208.HKZIJINMINING3993.HK0358.HK1258.HK

HSBC·2026-09-23Strategy

China Info Tech·OverweightChina Materials·OverweightChina Healthcare·OverweightChina Consumer Discretionary·UnderweightChina Real Estate·UnderweightChina domestic AI compute·Overweight

HSBC·2026-09-23Sector

0688.HK1109.HKBEKE.US

HSBC·2026-09-23Sector

CRM MSFT NOW ORCL

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

China EV ESS battery: Challenging domestic pricing environment

China Equity Strategy: Stabilisation efforts to boost market sentiment

China Real Estate: Shanghai tour II: Ground check on retail dynamics

China Real Estate: Shanghai tour: Supply – not reform – sets the sales pace

Taiwan Technology: Taiwan PCB & Materials: Key takeaways from 2026 TPCA

China Strategy Tracker: AI narrative under scrutiny – time to rebalance

China Banks: October pulse: Outperformance justified despite soft credit demand

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

Global Tourism: Growth, Disruption and Diversion

AI data centre risks investors should watch: Beyond power: AI and data centre sustainability

China Power Utilities: Turning a lot more bullish

Asia Container Shipping: Stronger freight-rate floor, better risk-reward

China Industrial Software: New growth driver appears

Global Economics: Tightening tensions

China AI Infrastructure: AI compute boom benefits compute rental and infra software vendors

China Real Estate: Recalibrating policy expectations

China Copper Sector: Supply tightness adds fuel to valuation catch-up

China Strategy Tracker: Post Fed hike, AI back in focus

China Real Estate: Accelerated supply squeeze yet to be priced in

US Technology Q2 takeaways: Enterprise software returns