Standard Chartered: Overweight technology and communication services in the second half of the year, underweight consumer staples.

robot
Abstract generation in progress
Jinse Finance reports that on June 30, Standard Chartered Bank released its global market outlook for the second half of 2026.
In China, given the overall market's potential for valuation re-rating, Standard Chartered Bank has shifted to a more risk-on stance. In terms of allocation recommendations, the technology and communication services sectors remain overweight, mainly benefiting from the improvement in the self-sufficiency rate of domestic chips and the continued advancement of AI commercialization; the healthcare sector has been downgraded to neutral due to limited earnings visibility; the consumer staples sector has been downgraded to underweight for similar reasons; and the utilities sector has been upgraded to neutral due to improved electricity demand and policy support.
Globally, in the second half of 2026, investors will face a volatile landscape involving energy prices, equity supply, investor positions, and central bank policies.
Standard Chartered Bank expects that in a macroeconomic soft-landing environment, risk assets will continue to receive support.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned