【Company Research】AAC Tech (2018 HK) - Multiple growth drivers and improving margin to continue into 2025; Raise TP to HK$53.48 |
【Company Research】Datadog (DDOG US) - Entering an investment phase to drive growth in next stage |
【Company Research】Sunny Optical (2382 HK) - Earnings upgrade cycle has just begun; Raise TP to HK$102.89 |
【Sector Research】Capital Goods - A good start for earth-moving machinery sales in Jan |
【Sector Research】Auto - Leap, BYD, Aion led discount increase in Jan |
【Sector Research】Technology - Intelligence driving: Implications of BYD’s “vehicle intelligence strategy” event |
【Sector Research】Consumer Discretionary - So far so good, but stay cautiously optimistic |
【行业研究】中国医药 - 开启估值修复 |
【Company Research】Yum China (YUMC US) - Constructive FY25E outlook and guidance |
【Company Research】Amazon (AMZN US) - Robust earnings growth, pace of margin expansion likely to slow in 2025 |