| 【Company Research】Vesync (2148 HK) – Some brands may turn around faster than the industry |
| 【Company Research】SANY International (631 HK) – Expansion to new energy equipment sector with an ambitious target |
| 【Company Research】JD.com (JD US) – Expecting limited additional financial impact from pandemic spread in 4Q22 |
| 【Company Research】AIA Group Ltd. (1299 HK) – Pent-up demands to boost HK growth; Raise TP |
| 【Company Research】EC Healthcare (2138 HK) – HK-Mainland border reopening to revive cross-border medical consumption |
| 【Company Research】Cloud Music (9899 HK) – Solid core music business outlook on enriching content library |
| 【Fixed Income Research】Asia Credit outlook 2023 - After dawn |
| 【Sector Research】China Technology – Limited surprise on Apple order cut; Suggest to focus on non-smartphone names |
| 【Company Research】FIT Hon Teng (6088 HK) – Positive on the acquisition of Germany automotive component supplier; Reiterate BUY |
| 【Company Research】China Feihe (6186 HK) – Looks to be a beta play within 1H23, when birth rate likely starts inflecting post 3Q |
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 © 2019-2026 CMB International Capital Corporation Limited. All rights reserved.
