| 【Sector Research】Capital Goods - Assessing the impact of US tariff on China’s solar cells and STS cranes |
| 【Company Research】Tencent (700 HK) - Quality growth strategy underpins strong earnings growth |
| 【Company Research】Alibaba (BABA US) - Business adjustment shows greater visibility in delivering results |
| 【Company Research】Huya (HUYA US) - Fundamentals to bottom out |
| 【Company Research】TME (TME US) - 1Q24 beat on strong music business growth and GPM expansion |
| 【Company Research】SANY International (631 HK) - Expect an unexciting set of results in 1Q24E, potential recovery in 2H24E |
| 【Company Research】Xtep (1368 HK) - Huge boost in short-run growth with high yield |
| 【Company Research】GigaCloud (GCT US) - Embracing continued outperformance |
| 【Company Research】FIT Hon Teng (6088 HK) - 1Q24 in line; Positive on AI server/networking and AirPods ramp-up in 2H24E |
| 【行业研究】中国医药 - 行业支持政策有望落地，业绩复苏可期 |
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