| 【Company Research】Salesforce (CRM US) - Solid 3QFY26 results; robust Agentforce and Data 360 momentum |
| CMBI Fixed Income - European AT1s: Our picks under Basel III finalization |
| 【Sector Research】Semiconductors - Wide-bandgap semiconductors – SiC/GaN: Powering the next wave of AI infrastructure |
| 【公司研究】巨子生物 (2367 HK) - 短期业绩承压，回购彰显信心 |
| 【Company Research】Baozun (BZUN US) - Profitability improvement trend sustained |
| 【Company Research】Weichai Power (2338 HK/000338 CH) - Expect HDT engines growth to slow in 2026E Eyes on backup power for data centres |
| 【Company Research】SANY Heavy (6031 HK/600031 CH) - Clear target on mining excavator growth |
| 【Company Research】Zoomlion (1157 HK/000157 CH) - Full range of products to expand globally |
| 【Sector Research】Capital Goods - Key themes in 2026: Focus on Mining equipment + Power for data centres + Replacement cycle |
| 【Company Research】Meituan (3690 HK) - FD investment peaked out driving value creation to enhance mind share in core users |
公司地址：香港中環花園道三號冠君大廈45-46樓
電話：（852） 3900-0888 傳真：（852） 3761-8788
招銀國際版權所有 Copyright © 2019-2025 CMB International Capital Corporation Limited. All rights reserved.
