| 【Sector Research】China Property Sector – This time is different |
| CMBI - Recommendation Changes_20211013 |
| 【Sector Research】China AI surveillance – Gov’t projects picking up, power cuts impact limited |
| 【Company Research】China Longyuan (916 HK) – Strong momentum to drive re-rating in 4Q21E |
| 【Fixed Income Research】MOLAND – Quick takes on consent solicitation |
| 【Company Research】Jiangsu Hengli (601100 CH) – Short-term impact of power outage; Wait for more positive signals |
| 【Company Research】Kintor Pharmaceutical (9939 HK) – Proxalutamide expects to deliver differentiated clinical results compared with molnupiravir |
| 【Company Research】TME (TME US) – Subs intact despite soft ads and social |
| 【行业研究】中国新能源汽车行业 – 缺芯低点已过，四季度产销两旺可期 |
| 【Company Research】NetEase Inc. (NTES US) – Passion makes difference |
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