| 【Company Research】Jinmao Services (816 HK) - New business integration drives new growth engines; Generous dividend pay-out |
| 【Company Research】BOE Varitronix (710 HK) - 1H25 dragged by higher costs; Positive progress in China NEV orders & overseas client wins |
| 【Company Research】Luxshare (002475 CH) - 3Q25 guidance/2Q25 results in-line; communication /auto segments continue strong growth momentum |
| 【Company Research】Green Tea Group (6831 HK) - Solid SSSG and margin trend will likely sustain |
| 【Company Research】Henlius Biotech (2696 HK) - Updated data of PD-L1 ADC at the coming WCLC |
| 【Company Research】Angelalign (6699 HK) - Overseas business drives revenue growth |
| 【Company Research】Ke Holdings (BEKE US) - On the right track of driving operating efficiency improvement |
| 【Company Research】EHang Holdings (EH US) - Expect growth to accelerate in 2026E following a reduction of revenue guidance this year |
| 【Company Research】Yongda Automobiles (3669 HK) - Brand portfolio, cash flow as keys to survival |
| 【Company Research】ZhongAn (6060 HK) - 1H earnings a clear beat; ZA Bank turned profit faster than expected; raise TP to HK$23 |
公司地址：香港中环花园道三号冠君大厦45-46楼
电话：（852）3900-0888 传真：（852）3761-8788
招银国际版权所有 Copyright © 2019-2026 CMB International Capital Corporation Limited. All rights reserved.
