【Company Research】Sunny Optical (2382 HK) – 2H21 first take: worse-than-expected GPM pressure |
【Company Research】Xiaomi (1810 HK) – Premium strategy bearing fruits; Reiterate BUY |
【Company Research】Q Technology (1478 HK) – 1H22 weakness mostly priced in; Maintain BUY |
【Fixed Income Research】Chinese properties: A stock-take on accounting issues so far |
【Company Research】New Hope Service (3658 HK) – Strong FY21 results set for a more sustainable growth |
【Company Research】Sino-Ocean Service (6677 HK) – More visibility needed for its ambitious 2025 plan |
【Company Research】Pinduoduo (PDD US) – Solid margin but moderate growth ahead |
【Company Research】Shennan Circuits (002916 CH) – Drivers of FY21 should be able to sustain & provide a stable revenue growth for FY22 |
【Fixed Income Research】HONGQI - solid turnaround continues - FY2021 result |
【Company Research】China Lilang (1234 HK) – Likely bottomed out and supported by yield |