Specialist Sales APAC Specialist Sales 20 July 2026 J P M O R G A N JPM | APAC THEMATICS - Tech unwind: Late innings / Korea Strategy: Deleveraging likely 75% done in leveraged ETFs and 50% in HFs / Global Strategy: Stay bullish tech / China Chips: AIDC takeaways Matthew See +852 2800 8889 matthew.see@jpmorgan.com APAC Thematics focuses on key macro views, market debates, and favoured investment themes. THE BIG PICTURE: Tech unwind is late-stage. The sell-down in tech saw some stabilization overnight, the S ...