| 【Sector Research】China Technology – Apple FY3Q23 in-line on record-high service offsetting soft iPhone/Mac/IPad sales |
| 【Company Research】Tongda (698 HK) – 1H23 Preview: weak revenue amid industry headwinds; expect smartphone recovery in 2H23E |
| 【Company Research】FIT Hon Teng (6088 HK) – 1H23 Preview: expect weakness in-line; Back-end loaded in 2H23E |
| 【Company Research】BeiGene (BGNE US) – Product sales soared in 2Q with improved cost efficiency |
| 【Company Research】Transfer of Coverage |
| 【Company Research】Termination of Coverage |
| 【Company Research】Kweichou Moutai (600519 CH) – 2Q Rev/NP +20.4/21.0% as pre-announced |
| 【Company Research】WuXi AppTec (603259 CH) – Impressive margin improvement in 1H23 |
| 【Company Research】China Auto Sector – Jul NEV: All-time high sales for seven brands |
| 【Company Research】Yum China (9987 HK) – Likely to be resilient and outperform in 2H23E |