| 【Company Research】AIA Group Ltd. (1299 HK) - Expect a moderate decline in 3Q VONB; southbound inflows underpin recent share price |
| 【Company Research】Innovent Biologics (1801 HK) - IBI3003’s clinical data validates leading position in MM TCEs |
| 【Company Research】J&T Express (1519 HK) - Strong volume in 3Q26; global expansion on track |
| 【行业研究】3Q26 大模型发展复盘及展望 - 单任务成本下降及RSI深化推动AI使用深度提升 |
| 【Sector Research】Auto - OEM 3Q26 preview: Stable pricing, exports and cost discipline cushion weak domestic volume |
| 【Company Research】JD.com (JD US) - Short-term headwind persists |
| 【Sector Research】Software & IT Services - Broad recovery, a selective opportunity |
| 【Sector Research】Consumer Staples - Cosmetics e-commerce tracker: Softer Sep growth; MGP and Forest Cabin stand out |
| 【Sector Research】Capital Goods - Decent export growth of earth-moving machinery in Sep; Domestic excavator sales improved |
| 【Sector Research】Consumer - Holiday spending: modest momentum, resilient services |
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