| New- and old-economy stocks continue to diverge |
| 【Company Research】Man Wah (1999 HK) – Shift into high gear by rapid store expansion |
| 【Company Research】KWG Living (3913 HK) – Solid, premium and expansive |
| 【Sector Research】China Internet Sector – Eyes on "11.11": livestreaming & logistics |
| 【Company Research】Pinduoduo (PDD US) – Upbeat 3Q20 with first quarterly profit |
| 【Company Research】Shimao Services (873 HK) – Entering an increasingly selective sector |
| 【Company Research】Tencent (700 HK) – Solid 3Q20; Eyes on rich pipeline |
| 【Company Research】Xtep (1368 HK) – Core brand’s recovery to drive re-rating |
| 【Sector Research】Solar Power Equipment – Picks and Shovels in the Solar Gold Rush |
| 【Sector Research】China Construction Machinery Sector – Excavator sales +61% YoY in Oct; Leading indicators suggest sustainable momentum |
Address: 45th & 46th Floor, Champion Tower, 3 Garden Road, Central, Hong Kong
Telephone: （852）3900 0888 Fax:（852）3761 8788
Copyright © 2019-2026 CMB International Capital Corporation Limited. All rights reserved.
