ASIA EX-JAPAN | Quantitative Strategy Equity Research China: What's in Style for 2026? Under the 15th five-year plan, China is transitioning from common prosperity to AI & high-tech mfg dominance. This will be an era of the private sector, with attractive growth opportunities. With most of the PE-driven returns behind us, some market consolidation is expected. However, China remains attractive on PE/G, and earnings momentum is poised to accelerate. We list five key investment themes for 2026 and present our ...