| 【Company Research】Geely Automobile (175 HK) – 2H22E net profit to almost double HoH |
| 【Company Research】GAC Group (2238 HK) – We expect 4Q22 NP to fall on equity income |
| 【Sector Research】China Consumer – Positive takeaway from F&B distributors; but sector’s bull-run could take a breather from here |
| 【Company Research】BYD Company (1211 HK) – 4Q22 beat; FY23E margins likely overestimated |
| 【Company Research】Kuaishou (1024 HK) – Solid 4Q22E with better margin outlook |
| 【Company Research】Great Wall Motor (2333 HK) – 4Q22E NP to fall YoY despite better sales mix |
| 【Sector Research】China Solar Power Equipment – Our take on the potential limitation on the export of solar wafer technology |
| 【Sector Research】China Consumer Sector – Strong recovery and sustainability during CNY |
| 【Sector Research】China Technology - 4Q22 global smartphone shipment down 18% YoY; Continue to prefer non-smartphone plays |
| 【Company Research】Yuexiu Transport (1052 HK) – Growth formula: Organic growth + Asset injection + Spin-off via Infrastructure REIT |
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