1. JPMorgan remains bullish on global equities, but currently favors the US and Asia. European valuations and positioning may offer opportunities for recovery, but sovereign debt and political risks continue to limit certainty. 2. In terms of specif

2026-10-14

1. JPMorgan remains bullish on global equities, but currently favors the US and Asia. European valuations and positioning may offer opportunities for recovery, but sovereign debt and political risks continue to limit certainty. 2. In terms of specific allocation, AI trading is shifting from a single "semiconductors vs. software" framework to a more diversified portfolio. Technology bulls should simultaneously cover AI inference infrastructure, long-cycle infrastructure such as semiconductor equipment, low-leverage hyperscale cloud providers, AI application software, and some promising AI-affected companies. In other words, the AI investment theme has expanded from single hardware to multiple levels including infrastructure, cloud, and applications. (JPMorgan Report, October 13)

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2026-10-14

Duiba (01753.HK) rose more than 8%; the company expects its AI short drama business to achieve net profit for three consecutive months in July, August and September 2026.

2026-10-14

On October 13th, the proportion of A-share stocks with a turnover rate below 3% continued to rise to 71.42%; the proportion of stocks with a turnover rate above 5% further decreased to 14.34%, still far from the threshold, indicating insufficient sus