| 【Company Research】Kingdee (268 HK) - Steady rev growth with on-track loss reduction |
| 【Company Research】Xiaomi (1810 HK) – Raise TP and estimates on 4Q23 beat; All eyes on EV official launch on 28 March |
| 【Company Research】TME (TME US) - Expect solid core music business and GPM expansion in FY24 |
| 【Company Research】Xpeng Inc. (XPEV US) - Margin lift mixed with unexciting new models |
| 【Company Research】Tongcheng Travel (780 HK) - More synergies from consolidation of Tourism |
| 【Company Research】JOYY Inc (YY US) - Bigo recovery and efficiency enhancement to continue |
| 【Company Research】INT Medical (1501 HK) - Solid earnings amid challenging business environment |
| 【Company Research】Xtep (1368 HK) - Stay prudent as channel health is the priority |
| 【Sector Research】Property - 2M24 NBS data: Piling up inventory with poor sales, hope lies in Mar |
| 【Company Research】GigaCloud (GCT US) - Riding on stepping-up of expansion |
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