| 【Company Research】Innovent Biologics (1801 HK) - More than obesity |
| 【Company Research】Intron Tech (1760 HK) - FY23 mostly in-line; Expect easing headwinds in FY24E |
| 【Company Research】FriendTimes (6820 HK) - Eyes on mini-game potential and cost control |
| 【Company Research】Sunny Optical (2382 HK) - Expectations reset on conservative guidance; Maintain HOLD |
| 【Company Research】Li Ning (2331 HK) - Expectations reset with positive initiatives |
| 【Company Research】CSPC Pharmaceutical (1093 HK) - New products to contribute meaningful revenue in 2024 |
| 【Company Research】Kuaishou (1024 HK) - More bullish on margin improvement |
| 【Company Research】Huya (HUYA US) - Margin improvement to continue |
| 【Company Research】Geely Automobile (175 HK) - Most businesses are trending up |
| 【Company Research】PDD Holdings (PDD US) - Still has potential to improve monetization |