【Fixed Income Research】CIFIHG - An outperformer despite weaker FY21 results |
【Company Research】TME (TME US) – Challenges into 2022 |
【Company Research】Jiumaojiu (9922 HK) – A resilient Tai Er and an uprising Song Hot Pot |
【Company Research】WuXi AppTec (603259 CH) – Stronger growth momentum |
【Sector Research】China Heavy Duty Truck – Lower industry forecast on weak recovery; D/G Weichai-A; BUY Weichai-H & Sinotruk on valuation |
【Company Research】Geely (175 HK) – Low earnings quality; Not an inflection point yet |
【Company Research】AAC Technologies (2018 HK) – Not out of the woods yet; more downside to 2022 earnings |
【Fixed Income Research】XIAOMI - Solid FY2021 result, tempered by its high spending appetite |
【Company Research】ZTE (763 HK) – Overhang removed; Focus on core business development |
【Company Research】Ever Sunshine (1995 HK) – Downgrade to Hold on margin and community VAS outlook |