| 【Fixed Income Research】CSCHCN - Maturity extensions fully priced in, maintain OW |
| 【Company Research】SANY International (631 HK) – NDR takeaways: Growth to accelerate in 2022E on strong backlog |
| 【Company Research】Anta Sports (2020 HK) – 4Q21 inline but we are prudent about FY22E |
| 【Company Research】Tencent (700 HK) – Factoring in ads & games headwinds |
| 【Fixed Income Research】Health and Happiness (BTSDF) New Issue |
| 【Company Research】Jiumaojiu (9922 HK) – Still hindered by industry down-cycle |
| 【Fixed Income Research】China Property Developers FY21 Pre-sales Update |
| 【Sector Research】China Financial Weekly – MLF rate drop in line |
| 【Fixed Income Research】TQLITHI – Media reported its HK IPO Listing in 1H22 |
| 【Sector Research】China Property Sector – Unsold inventory remains significantly low despite a weak finish of 2021 vs. 2014 |