--- title: "#外资研报" topic_id: 45544582545255488 created_at: 2026-06-08T08:06:42.394+0800 source: zsxq type: topic cssclasses: zsxq-vault --- # #外资研报 - 序号：438 - 星球链接：[打开网页](https://wx.zsxq.com/group/15522451881222/topic/45544582545255488) - 附件：图片 0，音频 0，文档 9 - 音频文件：_无音频_ ## 图片 _无图片_ ## 正文 _无正文_ ## 总体总结 _暂无总结_ ## 文档 ### HSBC-中国证券行业：基本面强劲+估值偏低，板块吸引力上升｜上调中信证券H至买入，首覆中金A为买入 China brokers Robust fundamentals with discounted valuations.pdf - 状态：downloaded - 错误： - 本地资源：[[assets/docs/260608_0806__外资研报__HSBC-中国证券行业：基本面强劲+估值偏低，板块吸引力上升｜上调中信证券H至买入，首覆中金A为买入 China brokers Robust fundamentals with discounted valuations.pdf|HSBC-中国证券行业：基本面强劲+估值偏低，板块吸引力上升｜上调中信证券H至买入，首覆中金A为买入 China brokers Robust fundamentals with discounted valuations.pdf]] #### 预览 [[assets/docs/260608_0806__外资研报__HSBC-中国证券行业：基本面强劲+估值偏低，板块吸引力上升｜上调中信证券H至买入，首覆中金A为买入 China brokers Robust fundamentals with discounted valuations.pdf|HSBC-中国证券行业：基本面强劲+估值偏低，板块吸引力上升｜上调中信证券H至买入，首覆中金A为买入 China brokers Robust fundamentals with discounted valuations.pdf]] ### Jefferies-美股软件行业｜2026年软件、互联网与AI大会纪要：AI红利显现，首选token路径受益股 USASoftware Replay for Software, Internet and AI Conference Recap Call.pdf - 状态：downloaded - 错误： - 本地资源：[[assets/docs/260608_0806__外资研报__Jefferies-美股软件行业｜2026年软件、互联网与AI大会纪要：AI红利显现，首选token路径受益股 USASoftware Replay for Software, Internet and AI Conference Recap Call.pdf|Jefferies-美股软件行业｜2026年软件、互联网与AI大会纪要：AI红利显现，首选token路径受益股 USASoftware Replay for Software, Internet and AI Conference Recap Call.pdf]] #### 预览 [[assets/docs/260608_0806__外资研报__Jefferies-美股软件行业｜2026年软件、互联网与AI大会纪要：AI红利显现，首选token路径受益股 USASoftware Replay for Software, Internet and AI Conference Recap Call.pdf|Jefferies-美股软件行业｜2026年软件、互联网与AI大会纪要：AI红利显现，首选token路径受益股 USASoftware Replay for Software, Internet and AI Conference Recap Call.pdf]] ### Jefferies-中国科技｜中国晶圆制造设备（WFE）：进口仍处负增长，但随半导体贸易逆差扩大有望迎来复苏 China (PRC)Technology China WFE Still -ve Growth, but Set to Recover as Semi Trade Deficit Expands.pdf - 状态：downloaded - 错误： - 本地资源：[[assets/docs/260608_0806__外资研报__Jefferies-中国科技｜中国晶圆制造设备（WFE）：进口仍处负增长，但随半导体贸易逆差扩大有望迎来复苏 China (PRC)Technology China WFE Still -ve Growth, but Set to Recover as Semi Trade Deficit Expands.pdf|Jefferies-中国科技｜中国晶圆制造设备（WFE）：进口仍处负增长，但随半导体贸易逆差扩大有望迎来复苏 China (PRC)Technology China WFE Still -ve Growth, but Set to Recover as Semi Trade Deficit Expands.pdf]] #### 预览 [[assets/docs/260608_0806__外资研报__Jefferies-中国科技｜中国晶圆制造设备（WFE）：进口仍处负增长，但随半导体贸易逆差扩大有望迎来复苏 China (PRC)Technology China WFE Still -ve Growth, but Set to Recover as Semi Trade Deficit Expands.pdf|Jefferies-中国科技｜中国晶圆制造设备（WFE）：进口仍处负增长，但随半导体贸易逆差扩大有望迎来复苏 China (PRC)Technology China WFE Still -ve Growth, but Set to Recover as Semi Trade Deficit Expands.pdf]] ### JPM-2026北美清洁能源大会纪要：AI带动用电暴涨，光伏储能下半年景气上行 Clean Energy Takeaways from the CleanPower 2026 Conference.pdf - 状态：failed - 错误：内部错误 - 本地资源：_无本地文件_ ### JPM-AGC（旭硝子，5201.T）半导体业务交流会要点及PTFE与Low-Dk玻璃之争——重申看好 Semiconductor materials AGC semiconductor business briefing takeaways and PTFELow-Dk glass.pdf - 状态：downloaded - 错误： - 本地资源：[[assets/docs/260608_0806__外资研报__JPM-AGC（旭硝子，5201.T）半导体业务交流会要点及PTFE与Low-Dk玻璃之争——重申看好 Semiconductor materials AGC semiconductor business briefing takeaways and PTFELow-Dk glass.pdf|JPM-AGC（旭硝子，5201.T）半导体业务交流会要点及PTFE与Low-Dk玻璃之争——重申看好 Semiconductor materials AGC semiconductor business briefing takeaways and PTFELow-Dk glass.pdf]] #### 预览 [[assets/docs/260608_0806__外资研报__JPM-AGC（旭硝子，5201.T）半导体业务交流会要点及PTFE与Low-Dk玻璃之争——重申看好 Semiconductor materials AGC semiconductor business briefing takeaways and PTFELow-Dk glass.pdf|JPM-AGC（旭硝子，5201.T）半导体业务交流会要点及PTFE与Low-Dk玻璃之争——重申看好 Semiconductor materials AGC semiconductor business briefing takeaways and PTFELow-Dk glass.pdf]] ### JPM-Ciena再上调指引-利好诺基亚-20260604.pdf - 状态：downloaded - 错误： - 本地资源：[[assets/docs/260608_0806__外资研报__JPM-Ciena再上调指引-利好诺基亚-20260604.pdf|JPM-Ciena再上调指引-利好诺基亚-20260604.pdf]] #### 预览 [[assets/docs/260608_0806__外资研报__JPM-Ciena再上调指引-利好诺基亚-20260604.pdf|JPM-Ciena再上调指引-利好诺基亚-20260604.pdf]] ### HSBC-云天化(600096.SH) - 买入评级：公司关于化肥出口与硫磺压力回应 Yunnan Yuntianhua (600096 CH) Buy What the company said on fertiliser exports and sulphur pressure.pdf - 状态：downloaded - 错误： - 本地资源：[[assets/docs/260608_0806__外资研报__HSBC-云天化(600096.SH) - 买入评级：公司关于化肥出口与硫磺压力回应 Yunnan Yuntianhua (600096 CH) Buy What the company said on fertiliser exports and sulphur pressure.pdf|HSBC-云天化(600096.SH) - 买入评级：公司关于化肥出口与硫磺压力回应 Yunnan Yuntianhua (600096 CH) Buy What the company said on fertiliser exports and sulphur pressure.pdf]] #### 预览 [[assets/docs/260608_0806__外资研报__HSBC-云天化(600096.SH) - 买入评级：公司关于化肥出口与硫磺压力回应 Yunnan Yuntianhua (600096 CH) Buy What the company said on fertiliser exports and sulphur pressure.pdf|HSBC-云天化(600096.SH) - 买入评级：公司关于化肥出口与硫磺压力回应 Yunnan Yuntianhua (600096 CH) Buy What the company said on fertiliser exports and sulphur pressure.pdf]] ### HSBC-中国科技硬件：深交所上市公司交流会2026纪要——光模块需求能见度延伸至2030年，玻璃基板进入客户送样阶段 China Technology SZSE Corporate Day 2026 takeaways.pdf - 状态：downloaded - 错误： - 本地资源：[[assets/docs/260608_0806__外资研报__HSBC-中国科技硬件：深交所上市公司交流会2026纪要——光模块需求能见度延伸至2030年，玻璃基板进入客户送样阶段 China Technology SZSE Corporate Day 2026 takeaways.pdf|HSBC-中国科技硬件：深交所上市公司交流会2026纪要——光模块需求能见度延伸至2030年，玻璃基板进入客户送样阶段 China Technology SZSE Corporate Day 2026 takeaways.pdf]] #### 预览 [[assets/docs/260608_0806__外资研报__HSBC-中国科技硬件：深交所上市公司交流会2026纪要——光模块需求能见度延伸至2030年，玻璃基板进入客户送样阶段 China Technology SZSE Corporate Day 2026 takeaways.pdf|HSBC-中国科技硬件：深交所上市公司交流会2026纪要——光模块需求能见度延伸至2030年，玻璃基板进入客户送样阶段 China Technology SZSE Corporate Day 2026 takeaways.pdf]] ### HSBC-中国消费板块：顺势而为——我们重置估值框架 China Consumer Moving with momentum — we reset the valuation playbook.pdf - 状态：downloaded - 错误： - 本地资源：[[assets/docs/260608_0806__外资研报__HSBC-中国消费板块：顺势而为——我们重置估值框架 China Consumer Moving with momentum — we reset the valuation playbook.pdf|HSBC-中国消费板块：顺势而为——我们重置估值框架 China Consumer Moving with momentum — we reset the valuation playbook.pdf]] #### 预览 [[assets/docs/260608_0806__外资研报__HSBC-中国消费板块：顺势而为——我们重置估值框架 China Consumer Moving with momentum — we reset the valuation playbook.pdf|HSBC-中国消费板块：顺势而为——我们重置估值框架 China Consumer Moving with momentum — we reset the valuation playbook.pdf]]