Uniquely positioned as one of Asia’s most experienced research houses, our dedicated team has an extensive presence in 14 markets across Asia and covers more than 800 stocks across the region. Its deep connectivity enables a more robust coverage model and produce research on ecosystems and thought leadership for our institutional clients.
Macquarie ranked 1st in Extel’s 2025 Asia (ex-Japan/ANZ) Local Broker rankings,1 achieving the highest points in the weighted leaders’ table and the greatest number of ranked analysts by sector across 11 countries/regions.
In addition to our long-standing country insights, our team also focuses on 4 sector verticals: technology and software, energy transition and commodities (ETAC), consumer and healthcare. Our proprietary data sets and analysis help our clients with their investment processes to generate alpha.
On-the-ground insights on strong thematic verticals
Differentiated coverage on 800-plus stocks across Asia
Providing specialist coverage of key verticals including Technology, Energy Transition & Commodities, Consumer, and Healthcare
The future is now, and it is powered by artificial intelligence (AI). The Asia Technology & Internet Conference will bring together management teams and experts from leading global listed and private companies to share their insight into the latest semiconductors, hardware, software applications and gaming innovations, driven by AI. We will also delve into emerging technologies such as the rise of vertical AI agents, ASICS vs GPUs, advanced packaging, power efficient chip design architecture, silicon photonics, generative AI monetisation trends, data centre network requirements and recognise the overall transformative power of generative AI across industries.
2026 is set to be another exciting year of opportunity in Asia. The region is a hotbed of new and emerging technology, a leader of global trends, and an essential supply-chain partner in a rapidly changing world.
Explore the 12 major themes shaping Asia’s markets combined with our on-the ground insights for each country.
Interested in this article but not a Macquarie client? Contact our team.
Global defence spending is entering a structural upcycle, shifting from the short-term war-driven surge in 2022-25 to a prolonged rearmament phase through 2030, given persistent multipolar tensions.
Asian defence firms are emerging as critical enablers of global rearmament, leveraging deep industrial capacity and cost-efficient scalability to fill production gaps left by Western supply chains.
Interested in this article but not a Macquarie client? Contact our team.
Hyperscalers are now prioritising network expansion in their AI ramp ups to meet computing demand due to the physical limitations of silicon upgrades.
We see high-speed interconnect enablers for AI networking, such as switches and transceivers, as key beneficiaries. We explore the entire ecosystem and highlight the biggest winners.
Interested in this article but not a Macquarie client? Contact our team.
Global noodle markets have become a lot more dynamic as shifting consumer preferences drive market share gains for Korean brands in the US, at the expense of those from Japan.
Koreans are focusing on innovation and building a premium brand image, boosted by the popularity of K-culture. Meanwhile, Indonesian brands are expanding successfully in the Middle East, Africa and Europe.
Interested in this article but not a Macquarie client? Contact our team.
For the past 3 years, it has often felt as if only one side was running in the great AI race. That is no longer the case. China has set a different finish line - ubiquitous AI across the real economy - and is set on crossing first.
Across the chain, from models to data centres, power to networking, semis to cooling, the country has now aimed its industrial juggernaut to achieving that goal.
Interested in this article but not a Macquarie client? Contact our team.
The automobile market in Asia is leading the global transition from internal combustion engine vehicles to electric (and hybrid) vehicles. While competition amongst manufacturers, greater consumer choice and maturing battery supply chains have driven the mass market adoption of EVs in China, affordability and the slower pace of behaviour change have seen more limited uptake in developed markets like the Americas and Europe.”
James Hong,
Head of Asia Energy Transition and Commodities
The recovery of the consumer market in China is likely to be uneven, with high-end and mass-end consumption outperforming that in the middle; lower-tier cities outperforming higher-tier ones; and demand during holiday periods outperforming. Even though we believe service consumption remains resilient and we could see secular recovery with the growth of education, travel and entertainment.”
Linda Huang,
Head of Asia Consumer Research
Asian biopharmaceutical and medical device firms are quickly becoming a key source of innovation as the industry grapples with expiring patents and falling drug prices; the decoupling of the healthcare supply chain is also creating winners and losers. We are excited about the tremendous investment opportunities healthcare in Asia could offer.”
Tony Ren,
Head of Asia Healthcare Research
The next 5-10 years will see large, sustained investment in technology and chipmaking capacity, aimed at enabling diffusing advanced data processing from the network edge to the cloud. We expect significant activity to be directed at discovering and exploiting at scale the business opportunities enabled by the flood of data from sensors and online activity.”
Damian Thong,
Division Director, Senior Research Analyst
We aim to provide the most interesting, thought-provoking research in Asia – the kind that investors want to read out of intellectual curiosity, not just for investment ideas.”
Christina Lee,
Head of Asia Content (Research & Sales)
Macquarie Capital
Technology
Arthur Lai
Consumer
Linda Huang
Critical Minerals and Energy Transition
James Hong
ESG
Charles Yonts
Healthcare
Tony Ren
ASEAN
Jayden Vantarakis
Global Strategy
Viktor Shvets
