| 【Company Research】ZTO Express (ZTO US) – Good execution but rising concerns on price competition |
| 【Sector Research】China Heavy Duty Truck – Weichai’s multi-cylinder engine sales +71% YoY; Market share gain continues |
| 【Company Research】Alibaba (BABA US) – Remain committed to enhance shareholder returns |
| 【Sector Research】China Technology – Global fabless/IDM 3Q23 wrap: PC/SP recovery, auto/ industrial mixed; Eye on Edge AI as new growth driver |
| 【Sector Research】Technology (Hardware/Semi) – Hyperscalers to deploy more custom AI chips to optimize & integrate AI infrastructure for maximized performance |
| 【Company Research】NetEase (NTES US) – Games revenue growth accelerated with solid margin expansion |
| 【Fixed Income Research】HRINTH: What are behind the name change? |
| 【Sector Research】China Property Sector – NBS Oct data in line, Nov-Dec may continue to be weak on low buying sentiment |
| 【Company Research】JD.com (JD US) – Better-than-feared 3Q results |
| 【Company Research】Mobvista Inc. (1860 HK) – Margin intact with topline acceleration |
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