Flash | 05 Mar 2026 10:23:56 ET │ 9 pages China Battery Materials Lithium into 1st week of Mar – Looming concern on demand ahead CITI'S TAKE Lithium has been under pressure after the price spike on Zimbabwe's export restriction during the week, mainly on the looming demand concern ahead. Market worries on (1) continued gloomy NEV demand ahead considering YTD NEV sales volume subdued, (2) increasing metals prices (incl lithium, copper, aluminium) should put downward pressure on the ESS demand, given the IRR ...

Flash | 05 Mar 2026 11:36:02 ET │ 12 pages China Healthcare 2026 Work Plan in "Two Sessions"; Mentions commercial health insurance for the first time CITI'S TAKE Compared to 2025, 2026 work plan mentioned commercial health insurance for the first time, which also relates to the support of innovative drugs and medical devices. We estimate commercial medical insurance to potentially contribute 30% of direct medical expenditure in the future and innovative drug sales to increase 3-5x (vs. current ~Rmb300bn). W ...

5 March 2026 | 4:19PM EST Equity Research Marvell Technology Inc. (MRVL): First Take: Strong guidance relative to muted investor expectations Key stock takeaways: We expect the stock to trade higher following an in-line quarter with guidance that was well ahead of the Street. We believe investor position was relatively cautious heading into the quarter based on recent trading reaction to computing peers' reports. From here, we believe stock performance is likely to hinge on the magnitude of Marvell's custom ...

5 March 2026 | 4:32PM HKT Economics Research China: Two Sessions Comment 1: 2026 government policy targets largely as expected Bottom line: The 2026 National People's Congress (NPC) started today (5 March) and will conclude on 12 March. Earlier in the morning, Premier Li Qiang delivered the Government Work Report (GWR) and announced key economic targets and fiscal budget parameters for this year. 2026 GDP growth, inflation, and official fiscal deficit targets are in line with our and market expectations, wh ...

March 5, 2026 11:11 AM GMT IT Hardware | North America 2026 TMT Conference Recap: Opportunities Aplenty We walk away from the 2026 TMT Conference focused on 4 key themes: (1) confidence in the AI capex ramp; (2) concerns around the impact of memory prices; (3) a focus on recent stock dislocations; and (4) enhancing spending efficiency via AI initiatives. OW-rated STX/WDC stood out most positive to us. M Key Takeaways We see OW and UW opportunities across our coverage post TMT 2026. We hosted fireside chats ...

March 5, 2026 10:13 PM GMT Rowdy Robot | North America Picks & Shovels Robot Expressions: Semis To build any form of AI in the physical world, you need lots of semis. Beyond GPUs, robots drive content across inference, sensing, analog, power and embedded control, creating a large, potentially underappreciated opportunity. We estimate the semi market for robotics could expand ~800x through 2050 M Update Adam.Jonas@morganstanley.com +1 212 761-1726 William Tackett, CFA Research Associate William.Tackett@morga ...

March 5, 2026 02:01 PM GMT China Financials | Asia Pacific 2026 government plan on growth and bond issuance good for stable and sustainable financial development Key Takeaways A clear shift in key project areas should continue to support credit demand against evolving economic dynamics vs. 14th FYP. 109 key projects were unveiled for 15th FYP, vs. 102 in 14th FYP. Notably, 28 projects focus on driving new productivity gains, such as cutting edge technology innovation, and 23 on modernizing infrastructure, v ...

5 March 2026 | 4:29PM MST Credit Strategy Research GLOBAL CREDIT TRADER Beneath the geopolitical surface Energy and commodities take center stage after Iran Continued fallout from AI software disruption Market microstructure holds up despite the volatility Spencer Rogers, CFA +1(801)884-1104 | spencer.rogers@gs.com Goldman Sachs & Co. LLC Sara Grut +44(20)7774-8622 | sara.grut@gs.com Goldman Sachs International Shamshad Ali +1(212)902-6712 | shamshad.ali@gs.com Goldman Sachs & Co. LLC Investors should consi ...

March 5, 2026 11:32 AM GMT Broadcom Inc. | North America AI Momentum Builds; Visibility and Margins Improve | What's Changed | | | | --- | --- | --- | | Broadcom Inc. (AVGO.O) | From | To | | Price Target | $462.00 | $470.00 | Reaction to earnings Strengthens our thesis Modest upside Meaningful revision higher Impact to our thesis Financial results versus consensus Direction of next 12-month consensus EPS Source: Company data, Morgan Stanley Research Semiconductors | United States of America The quarter was ...

BYD officially launched the second-generation blade battery, featuring ultra-fast charging capabilities that enable the battery to charge from 10% to 70% in under five minutes, or to 97% in just nine minutes. The second-generation battery also comes with superior performance in cold weather (-30°C), and could help BYD gain market share in the northern/western regions, where BEV penetration remain below 15% (vs. 50%+ in major coastal cities). The second-generation battery could also enable CLTC range of 1,00 ...