| 【Company Research】Alphabet (GOOG US) - 3Q25 results beat; upbeat on AI and cloud business momentum |
| 【Company Research】United Imaging (688271 CH) - Strong recovery in Q3 |
| 【Company Research】Shengyi Tech (600183 CH) - 3Q25 results: AI super-cycle in full swing; Raising TP to RMB90 |
| 【Company Research】Meta (META US) - 3Q25 results: solid topline performance; but AI investment may drag ST earnings growth |
| 【Company Research】Zhejiang Dingli (603338 CH) - 3Q25 net profit -15% YoY, below expectations |
| 【Sector Research】Internet - 3Q25 online games sector: expect a solid quarter for leading companies |
| 【Company Research】New Oriental (EDU US) - Inline 1QFY26 results; enhancing profitability and shareholder return |
| 【Company Research】Anta Sports (2020 HK) - Staying cautious even after guidance cut |
| 【Company Research】WuXi AppTec (603259 CH) - Rising demand for small molecule D&M business |
| 【Company Research】Futu Holdings (FUTU US) - Marketing feedback: short-term views mixed; 3Q EPS upside to reinforce long-term convictions |
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