| 【Sector Research】China Internet – April online retail sales recap |
| 【Company Research】Baidu (BIDU US) – Cloud business turned profitable |
| 【Company Research】TME (TME US) – Strong core music business supports 1Q23 earnings beat |
| 【Company Research】China Suntien (956 HK) – Gas and new energy go hand in hand |
| 【Company Research】Mobvista Inc. (1860 HK) – A solid start into FY23E |
| 【Company Research】Innovent Biologics (1801 HK) – Mazdutide (IBI362) to become the best GLP-1 drug for obesity in China |
| 【Company Research】FIT Hon Teng (6088 HK) – Weak 1Q23 as expected; Expect multiple drivers from iPhone/CPU socket/400G/EV in 2H23E |
| 【Company Research】JD.com (JD US) – Focusing on driving healthy and quality growth |
| 【Fixed Income Research】Chinese TMT: Buy XIAOMI 0’27 (CB), XIAOMI 30-31s, MEITUA 0’27 (CB) and PDD 0’25 (CB) |
| 【Company Research】JS Global Lifestyle (1691 HK) – 1Q23 results beat and gradual recovery is likely |