Broker Research: Sector, Macro and Strategy Notes

J.P. Morgan·2026-11-05Strategy

000333.SZ0857.HK0939.HK1816.HKZIJINMINING600406.SH603268.SH688200.SH6990.HK9988.HKA-shares over H-shares·OverweightChinese equity rebound potential: Further upside as valuations recover from trough levelsNear termState-backed A-share ETF purchases: Accelerated in OctoberOct 2026Potential state fund "dry powder": Remaining capacity after 2H26 inflows offset 35% of 1H26 outflows2H26

J.P. Morgan·2026-11-04Strategy

AI infrastructure·OverweightInnovative healthcare·OverweightDefensive high yielders·Overweight

J.P. Morgan·2026-11-03Strategy

Onshore IT·OverweightBrokers·OverweightBuyback relending rate: Permanent facility rate reductionNov-2026

J.P. Morgan·2026-11-02Strategy

DD.USITW.USMETA PLTR TT

J.P. Morgan·2026-11-02Strategy

XLP·UnderweightFSLR.US·OverweightS&P 500: targetYE26

J.P. Morgan·2026-10-29Strategy

000333.SZ1816.HK600406.SH601857.SH601899.SH603268.SH688200.SH6990.HKChina A-shares·OverweightChina IT·OverweightChina Consumer Staples·UnderweightChina Real Estate·Underweight

J.P. Morgan·2026-10-28Strategy

ASX 50 mega caps·Underweight

J.P. Morgan·2026-10-28Strategy

bitcoin vs gold·Overweight

J.P. Morgan·2026-10-26Strategy

J.P. Morgan·2026-10-21Strategy

NBIS SPCX TSM

J.P. Morgan·2026-10-21Strategy

J.P. Morgan·2026-10-20Strategy

Quality factor·OverweightMomentum factor·Neutral

J.P. Morgan·2026-10-19Strategy

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

J.P. Morgan·2026-10-16Strategy

J.P. Morgan·2026-10-14Strategy

NVDA SNDK

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

China Equity Strategy: Post US-midterms: Can China’s Rally Last?

China A-shares Equity Strategy: Bottom-fish innovation-led AI and Healthcare

China Equity Strategy PBoC and CSRC steps: not a bazooka, but a firmer floor

Portfolio Managers’ Monthly U.S. Equity Thematic Research

US Equity Derivatives Strategy Trading Macro Crosscurrents; Dec. Tech Rebalances, Systematic Flows, and Earnings Vol

China Equity Strategy: Risk-reward attractive from here- key stocks to buy

Retail Radar Oct 28 – Cautious Stance Amid Peak Earnings

Super Fund Manager Radar: Show me the incentive and I’ll show you the outcome

Flows & Liquidity Retail investors pour record amounts into leveraged equity ETFs

Japan Quant Strategy - Signs of February 2020 - 60,980 threshold triggered

Retail Radar Oct 21 – From Mag-7 to Broader AI plays as Momentum Unwinds

Flows & Liquidity Bottoming out-

China Equity Strategy: Seven questions on bridging China’s innovation-toreturns gap

APAC Equity Style Positioning: Quality and Value Working Together

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

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

Flows & Liquidity Differences to last July’s correction

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