| 【Company Research】Xiaomi (1810 HK) - 1Q25 strong beat; Positive on premiumization, YU7 ramp-up and SoC breakthrough in 2H25E |
| 【Company Research】PDD Holdings (PDD US) - Investment to enhance platform ecosystem, user retention impacted ST earnings |
| 【Company Research】Kuaishou (1024 HK) - Inline 1Q25 results; AI monetization accelerating |
| 【公司研究】Alphabet (GOOG US) - 谷歌2025年I/O大会：AI提升各场景用户体验 |
| 【Sector Research】Healthcare - ASCO Highlights: Spotlight on next-gen IO & ADCs |
| 【Company Research】EHang Holdings (EH US) - 1Q25 results below expectations due to delay of product delivery; Expect recovery in 2Q25E |
| 【Company Research】Meituan (3690 HK) - Proactively responding to competition in food delivery market |
| 【Sector Research】Technology - Computex 2025 Takeaways: GB300 NVL72, liquid cooling, GPU/SOCAMM socket, AI PCs, DGX Spark |
| 【Company Research】Tongcheng Travel (780 HK) - 1Q earnings beat; on track to deliver solid full-year earnings growth |
| 【Company Research】BaTeLab (2149 HK) - Private placement completed, now eyes on execution |
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