[Standard Chartered: Overweight Recommendation for Technology and Communication Services in H2, Underweight Consumer Staples] BlockBeats News, June 30, Standard Chartered Bank released its global market outlook for the second half of 2026. In China, given the overall market's potential for valuation re-rating, Standard Chartered Bank has shifted to a more risk-tolerant stance. In terms of allocation recommendations, the technology and communication services sectors remain overweight, primarily benefiting from the increased self-sufficiency of domestic chips and the continued advancement of artificial intelligence commercialization. The healthcare sector has been downgraded to neutral due to limited earnings visibility, while the consumer staples sector has been downgraded to underweight for similar reasons. The utilities sector, benefiting from improved electricity demand and policy support, has been upgraded to neutral. Globally, in the second half of 2026, investors will need to navigate a dynamic landscape involving energy prices, equity supply, investor positioning, and central bank policies. Standard Chartered Bank expects that in a macroeconomic soft-landing scenario, risk assets will continue to receive support.