| 【Sector Research】China Internet – Uncertainties still exist although the direction is towards co-operation |
| 【Sector Research】China Internet – November online game market recap |
| China Strategy Outlook 2023: HK Stocks to Rebound as China & US Economies Diverge |
| 【Company Research】Recbio (2179 HK) – Superior immunogenicity on ReCOV vs. Pfizer’s mRNA vaccine |
| 【Fixed Income Research】China South City (CSC) Equity injection from SZ LGFV at Xi'an project |
| 【Sector Research】China Internet – Quality growth and further digitization penetration provide growth support |
| 【Company Research】Prudential PLC (2378 HK) – Asia-focus leading player; border-reopening tailwinds in 2023 |
| 【Sector Research】China Internet – The shoe has dropped: PCAOB announced unobstructed inspection access |
| 【Company Research】Trip.com (TCOM US) – Business recovery has greater visibility |
| 【Sector Research】China Internet – November online retail sales recap |