| 【Company Research】Baidu(BIDU US)– 3Q19 strong beat on cost efficiency |
| 【Company research】Shimao (813 HK) – Price-in after 33% YTD share price surging |
| 【Company research】 Henlius (2696 HK) – Affordable innovation for global market |
| 【Company Research】Yuexiu Transport (1052 HK) – Acquisition underpins sustainable growth |
| 【Company Research】Midea (3998 HK) – Consistent outperformance by great strategy |
| NWS Holdings (659 HK) - FTLife acquisition to drive earnings recovery |
| 【Company Research】Bosideng (3998 HK) – Brand upgrades and easing costs pressure |
| 【Company Research】Juneyao Airlines (603885 CH) – 3Q19 RPK growth beats expectation |
| 【Company Research】Alibaba (BABA US) – 2QFY20 beat again with strong core |
| 【Sector Research】China Heavy-duty Truck Sector – HDT sales growth of 12% YoY in Oct reaffirms our bullish view |