International
1. ING: The Fed's rate hike signals put the euro in a vulnerable position.
2. ING: The Fed and ECB may raise rates at least once more.
3. JPMorgan: The oil price and interest rate shocks are temporary; we recommend overweighting Eurozone and emerging market equities.
4. Oaktree Capital: The Fed should reduce communication and let the economy run its own course.
5. UBS: We lowered our KOSPI target by nearly 10% due to worsening macro headwinds.
6. Barclays: The timing of the Bank of Japan's next rate hike is unclear; we expect action in January and July.
7. Evercore ISI: The Bank of Japan's rate hike triggered a yen sell-off, which may worry US Treasury Secretary Bessenter.
8. Capital Economics: Oil prices may remain in triple digits next year.
9. JPMorgan: South Korean interest rates face upside risks; terminal rates may exceed 3.75%.
Domestic
1. CITIC Securities: The A-share market is currently in the second round of recovery. 2. Golden Credit Rating: The LPR (Loan Prime Rate) will remain unchanged in September 2026, but a later reduction is expected.
3. Galaxy Securities: Industry resilience is evident; the Fed's rate hikes do not change the long-term logic of AI.
4. Huatai Securities A-share Strategy: The rebound continues, but pre-holiday disturbances should be guarded against.
5. CITIC Securities: Huawei officially announced the Ascend 960 supernode; we remain optimistic about investment opportunities in domestic NPOs.
6. CITIC Securities: Coal supply stabilization policies have been implemented; easing of tight supply may still take time.
7. CITIC Securities: Extreme heat dissipation debuts; diamond technology ushers in its first year of industrialization.
8. China Merchants Securities: Technology stocks with strong performance are expected to see a rebound; the market is expected to reach a turning point.
9. Guojin Securities: The PCB equipment industry has entered a stage of simultaneous upward trend and structural upgrading.
