Woofun AI reports that Standard Chartered released its Global Market Outlook for the second half of 2026, adopting a risk-on stance for China amid potential valuation reassessments. The bank maintains an overweight position on Technology and Communication Services, driven by domestic semiconductor self-sufficiency and AI commercialization.

Healthcare and Consumer Staples are downgraded to neutral and underweight respectively due to limited earnings visibility, while Utilities are upgraded to neutral on improving electricity demand. Globally, Standard Chartered expects risk assets to remain supported by a soft economic landing despite shifting energy prices and central bank policies.