Svmuu News: Standard Chartered Bank has released its Global Market Outlook for the second half of 2026. In China, given the potential for a valuation re-rating across the broader market, Standard Chartered has shifted to a more risk-on stance. In terms of allocation recommendations, the bank maintains an overweight position in the technology and communication services sectors, primarily benefiting from increased self-sufficiency in domestically produced chips and the continued commercialization of artificial intelligence; 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, benefiting from improved electricity demand and policy support.
Globally, in the second half of 2026, investors will face a volatile landscape involving energy prices, stock supply, investor positions, and central bank policies. Standard Chartered expects that, against the backdrop of a macroeconomic soft landing, risk assets will continue to be supported. (21 Finance)