| 【Sector Research】Capital Goods - Who are the potential beneficiaries of Germany’s mega infrastructure investment plan? |
| 【Sector Research】Internet - 2M25 NBS data shy of consensus, but expectation for stimulus policy on the rise |
| 【Company Research】Q-Tech (1478 HK) - Upbeat FY25E guidance on OIS/periscope upgrade and auto/IoT demand; Lift TP to HK$9.25 |
| 【公司研究】深南电路 (002916 CH) - 24财年业绩稳健，受益于产业链自主可控趋势，上调至“买入”评级 |
| 【Company Research】Topsports (6110 HK) - Improved in 2H25E, more catalysts in FY26E |
| 【Company Research】Li Auto Inc. (LI US/2015 HK) - Cost control, AI as keys to FY25 profits, valuation |
| 【Sector Research】Technology - Implications to tech supply chain from upcoming NVDA GTC 2025 |
| 【Sector Research】Technology - Key takeaways of Hon Hai's earnings: Strong AI server outlook and flattish consumer electronics in 2025 |
| 【Sector Research】Capital Goods - Non-earth-moving machinery sales data mixed in Feb |
| 【Company Research】China Hongqiao (1378 HK) - Net profit in 2024 +95% in line; 63% payout ratio implies 11% yield at the current price |
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