| 【Company Research】China Glass (3300 HK) – Expansion of TCO glass capacity to capture the growth of advanced solar cell technologies |
| 【Company Research】Bilibili (BILI US) – Eyes on monetization potential and margin improvement trajectory |
| 【Company Research】CR Land (1109 HK) – Outperforming FY22E, promising FY23E and not-far-fetching FY25E target |
| 【Company Research】Kweichow Moutai (600519 CH) – Proxy of China’s consumption-led recovery; buying into any weakness for the next recovery wave |
| 【Sector Research】China Technology Sector – Apple FY1Q23 miss on macro and supply chain issues; Expect weakness to persist in near term |
| 【Company Research】HUYA (HUYA US) – Clear margin improvement |
| 【Sector Research】China Property Sector – Property+ Weekly: Weak construction resumption rate dragged by property |
| 【Sector Research】China Auto Sector – Jan NEV likely in line or slightly miss; Li Auto beat |
| 【Company Research】China Meidong Auto (1268 HK) – We expect 2H22E net profit to fall 23% YoY |
| 【Company Research】Xpeng Inc. (XPEV US) – 4Q22E net loss to narrow; sales as key to FY23 |
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