| 【Company Research】SAIC Motor (600104 CH) – Wait for the turning point of two GMs |
| 【Sector Research】China Brokerage Sector – Resilient Mar set for better-than-expected 1Q20E results |
| 【Company Research】Postal Savings Bank of China (1658 HK) – Conference call takeaway – plenty room to defend near-term hit |
| 【Sector Research】China Construction Machinery and HDT Sector – Lift forecast on excavator on strong demand; BUY SANY & Hengli |
| 【Company Research】Li Ning (2331 HK) -- Industry leading momentum and recovery |
| 【Company Research】China Longyuan (916 HK) –NDR takeaways - increasing odds for capital market action |
| 【Company Research】AAC (2018 HK) -- Profit warning affirms our cautious view; Maintain Sell |
| 【Company Research】Beststudy Education (3978 HK)– Benefit from accelerating industry consolidation |
| 【Company Research】Goldwind - A (002202 CH) – Struggling at cycle bottom |
| 【Sector Research】China Banking Sector – Rising credit support from targeted RRR cut & ER rate cut |