| 【Company Research】China Longyuan (916 HK) – Flat FY19E earnings; longing for privatization |
| 【Company Research】JOYY Inc. (YY US) – Overseas expansion to bring upside |
| 【Company Research】SANY International (631 HK) – Better visibility on policy support; Lifted earnings forecast and TP |
| 【Company Research】Postal Savings Bank of China (1658 HK) – A defensive play with visible growth outlook |
| 【Company Research】Postal Savings Bank of China (601658 CH) – A defensive play with visible growth outlook |
| 【Company Research】Jinxin Fertility (1951 HK) – Business expansion in Laos |
| 【Company Research】ZhongAn Online (6060 HK) – Towards a profit-oriented and lean model |
| 【Company Research】Hope Education (1765 HK) – Acquisition of Malaysia’s Inti Education |
| 【Event-driven Idea】CRCCE a potential candidate of privatization? |
| 【Company Research】Prada (1913 HK) – The drags are probably worse than SARS |