| 【Company Research】Huitongda Network (9878 HK) – Quality growth with advanced profitability |
| 【Sector Research】China Internet – December online retail sales recap |
| 【Company Research】Ke Holdings (BEKE US) – Beke After Ten Seasons; Initiate with Buy |
| 【Sector Research】China Internet – 2022 online game market recap |
| 【Company Research】Willsemi (603501 CH) – Preliminary 2022 results came in below estimate; Maintain HOLD |
| 【Company Research】Jinxin Fertility (1951 HK) – Eyes on the post-pandemic business recovery |
| 【Company Research】BOE Varitronix (710 HK) – NDR Takeaways: Chengdu auto display capacity ramp-up on track; auto intelligence to drive growth |
| 【Sector Research】China Project Management Sector – Prefer defensive Greentown Mgmt. over demotivated CCM |
| 【Fixed Income Research】DALWAN: The first "proper" book-built deal of Chinese HY properties since Sep'21 |
| 【Company Research】Alibaba (BABA US) – Looking beyond short-term pandemic impact |