| 【Fixed Income Research】CARINC '22 will be money good. Downgrade CARINC '24 to Hold |
| 【Company Research】TK Group (2283 HK) – Solid FY21; Business expansion on track |
| 【Fixed Income Research】Chinese properties: Another stock-take on accounting issues |
| 【Company Research】CG Service (6098 HK) – Keeping low for its second takeoff |
| 【Company Research】Tigermed (300347 CH) – Ceaseless globalization efforts |
| 【Company Research】Kuaishou (1024 HK) – Expecting a solid start in FY22E |
| 【Company Research】PICC P&C (2328 HK) – Expect CoR improvement in FY22 |
| 【Company Research】Xpeng Inc. (XPEV US) – Mixed 4Q21 results; G9, new platforms key drivers |
| 【Company Research】Greentown Service (2869 HK) – Faster conversion rate is the key |
| 【Company Research】Excellence Commercial Property (6989 HK) – Corporate services to fuel its 35% CAGR plan; Maintain Buy |