| 【Company Research】China Southern Airlines - H (1055 HK) – Solid operating results; positive 4Q19 outlook |
| 【Company Research】China Southern Airlines - A (600029 CH) – Solid operating results; positive 4Q19 outlook |
| 【Company Research】Air China - A (601111 CH) – 9M19 revenue in line; cautiously optimistic 4Q19 outlook |
| 【Company Research】Air China - H (753 HK) – 9M19 revenue in line; cautiously optimistic 4Q19 outlook |
| 【Sector Research】China Technology Sector – Apple FY4Q beats on iPhone/wearables |
| 【Company Research】China Pacific Insurance (2601 HK) – Margin priority may compensate FYRP decline |
| 【Company Research】GAC Group (2238 HK) – Expect earnings rebound in 2020E |
| 【Company Research】Zoomlion Heavy Industry - A (000157 CH) – 3Q19 net profit +106% YoY in line; lots of catalysts ahead |
| 【Company Research】China Eastern Airlines - H (670 HK) – 9M19 revenue in line; positive 4Q19 outlook |
| 【Sector Research】China Banking Sector – 3Q19 results wrap – JSBs lead earnings recovery |