| 【公司研究】中国生物制药 (1177 HK) - 创新药收入占比近半,全球化布局提速 |
| 【Company Research】Great Wall Motor (2333 HK/601633 CH) - Possible positive surprise from new platform |
| 【Company Research】GAC Group (2238 HK/601238 CH) - Eyes on Aistaland and exports |
| 【Company Research】Akeso (9926 HK) - Eyes on pivotal ivonescimab readouts |
| 【Company Research】Sinotruk (Hong Kong) (3808 HK) - Export growth outlook more extensive and sustainable; U/G to BUY |
| 【Sector Research】Materials - Supply risks materialized following weekend’s attacks on Middle East aluminium smelters |
| 【Company Research】Innovent Biologics (1801 HK) - Accelerating transition to global biopharma |
| 【Company Research】China Tower (788 HK) - Earnings supported by D&A roll-off while growth remained limited |
| 【Company Research】Baozun (BZUN US) - Heading towards strong medium-term profitability target with solid execution |
| 【Company Research】PATEO CONNECT (2889 HK) - AI pioneer powered by smart cockpit capabilities |