| 【Company Research】Postal Savings Bank of China (1658 HK) – Excess provisions buffering NIM contraction |
| 【Company Research】Jiangsu Hengli (601100 CH) – 3Q19 profit slightly below estimate but recovery seen in Oct |
| 【Company Research】GFS (1776 HK) – Prop trading gains offset by weakness across other businesses |
| 【Company Research】HTSC (6886 HK) – IB, prop trading & AM propped up 3Q19 earnings |
| 【Company Research】 WH Group (288 HK) - 3Q19 NP +79%, China’s packaged meat and fresh pork margins could continue in 4Q19E |
| 【Company Research】Goldwind(002202 CH) – WTG business bottomed out in 3Q19 |
| 【Company Research】China Galaxy Securities (6881 HK) - 3Q19 earnings held up by prop trading and brokerage |
| 【Company Research】Goldwind(2208 HK) – WTG business bottomed out in 3Q19 |
| 【Company Research】Bay Area Development (737 HK) – Land development on the way |
| 【Company Research】BoCom - A (601328 CH) – Asset quality pressure looms with rising NPL formation |