| 【Company Research】Li Ning (2331 HK) – Margin expansion and solid reforms ahead |
| 【Company Research】WuXi AppTec (603259 CH) – Enhance leading position amid COVID-19 pandemic |
| 【Company Research】Beststudy Education (3978 HK) – Worst was over but recovery would be gradual |
| 【Company Research】Baidu (BIDU US) – Solid 2Q20 but guidance soft |
| 【Company Research】China Aoyuan (3883 HK) – One of our top picks |
| 【Company Research】Sun Art Retail (6808 HK) – Kick off multi-format expansion |
| 【Company Research】JOYY Inc. (YY US) – All round beat with higher Bigo guidance |
| 【Company Research】Tencent (700 HK) – Solid 2Q20 with strong mobile game |
| 【Company Research】FIT Hon Teng (6088 HK) – Weak 1H20 in-line; 2H recovery on Belkin/iPhone |
| 【Company Research】China Longyuan (916 HK) – 1H20 results in line; await subsidies funding resolve plan |
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