【Company Research】Jiangsu Hengli (601100 CH) – Revenue rebounded in 3Q22; Wait for more data points to confirm recovery |
【Company Research】Cloud Music (9899 HK) – Monetization and margin improvement on the horizon |
【Company Research】TME (TME US) – Resilience in the evolving industry |
【Company Research】NetEase Inc. (NTES US) – Sturdy game and content developing leader |
【Sector Research】China Property Sector – Major policy support may mute for now |
【公司研究】携程 (TCOM US) – 营收复苏进行时 |
【Company Research】Great Wall Motor (2333 HK) – 3Q22 beat; upcoming new models as key |
【Company Research】Yancoal Australia (3668 HK) – 3Q thermal coal ASP way above benchmark; a positive surprise |
【Company Research】Li Ning (2331 HK) – Guidance maintained but we are conservative |
【Sector Research】China AI – Public security demand remained weak in 3Q22, limited near term impact from new US export rules |