| 【行业研究】中国消费– 2024展望：不均衡复苏延续；个股推荐顺序调整 |
| 【公司研究】贵州茅台 (600519 CH) – 2024年必选消费首推 |
| 【Company Research】WuXi Biologics (2269 HK) – A transition year in 2023 |
| 【Sector Research】China Auto Sector – NEV sales volume MoM growth narrowed in Nov |
| 【Company Research】CSPC Pharmaceutical (1093 HK) – New products to drive sales recovery |
| 【Company Research】Cafe De Coral (341 HK) – The first results beat in a long while |
| 【Company Research】JOYY Inc (YY US) – Riding on Bigo’s solid recovery |
| 【Sector Research】China Construction Machinery / HDT – 2024 Outlook: Slowdown of overseas demand along with lack of growth in China; be selective |
| 【Sector Research】China Auto Sector – 2024 Outlook: Competition pushes technological advancement, overseas expansion |
| 【Company Research】Zhihu (ZH US) – Resilient education to offset subs slowdown |
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