| 【Company Research】Shengyi Technology (600183 CH) – Headwinds to persist into 1H22; Maintain HOLD |
| 【Fixed Income Research】COGARD - Prudently navigating through the storm |
| 【Company Research】I-Mab BioPharma (IMAB US) – Lemzoparlimab showed encouraging data on MDS |
| 【Company Research】Innovent Biologics (1801 HK) – Expanding portfolio of commercial products |
| 【Company Research】SANY International (631 HK) – Post-results and NDR takeaways: Expect a strong year in 2022E |
| 【Company Research】Nayuki Holdings Limited (2150 HK) – Looking forward to the digitalization in FY22E |
| 【Company Research】JS Global Lifestyle (1691 HK) – Uninspiring guidance and a cheap valuation |
| 【Company Research】BYD Electronics (285 HK) – Margin pressure remains an overhang; Maintain HOLD |
| 【Company Research】Sunac Services (1516 HK) – Very attractive risk/reward after earnings outlook reset; Maintain Buy |
| 【Company Research】Chinasoft (354 HK) – Strong demand despite near-term margin pressure |