| 【Company Research】Transfer of Coverage |
| 【Company Research】Termination of Coverage |
| 【Sector Research】China Construction Machinery & HDT Sector – Raise industry sales forecast in 2020E-21E; Solid upcycle |
| 【Company Research】China Gas Holdings (384 HK) – LPG micro grid: a new growth engine |
| 【Company Research】Sunny Optical (2382 HK) - Look beyond ongoing volatility; Upgrade to BUY on 2H recovery |
| 【Company Research】Bosideng (3998 HK) - Mid-priced, efficiency, online are the focuses |
| 【Company Research】Tian Lun Gas (1600 HK) – Gas sales resumed growing pace |
| 【Company Research】Xiaomi (1810 HK) – Strong 5G momentum to outweigh India impact |
| 【Company Research】Ascentage Pharma (6855 HK) – Collaboration with AstraZeneca for development of APG-2575 |
| 【Company Research】NWS Holdings (659 HK) – Profit warning no surprise |
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