| 【Sector Research】Technology - iPhone 17e and M4 iPad Air debut with aggressive value proposition is positive to Apple supply chain |
| 【Sector Research】Materials - Potential supply disruption in the Middle East will support the aluminium price |
| 【Company Research】BeOne Medicines (ONC US) - First full-year profitability driven by robust BTK sales |
| 【Company Research】Baidu (BIDU US) - In progress to provide greater visibility on AI-powered business growth and enhance shareholder return |
| 【行业研究】中国医药 - AI将改变创新药物研发范式 |
| 【Company Research】Xiaomi (1810 HK) - 4Q25E preview: earnings dragged by smartphone/ IoT headwinds; Maintain BUY |
| 【Sector Research】Auto - Eyes on new models from Mar after a weak start |
| 【Company Research】BOE Varitronix (710 HK) - 2025 preview: near-term earnings dragged by pricing pressure and new plant profitability |
| 【Company Research】Trip.com (TCOM US) - Results beat; travel demand remains resilient |
| 【Company Research】Salesforce (CRM US) - Inline 4QFY26 results; strong AgentForce momentum to support 2HFY27 reacceleration |
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