| 【Company Research】Redsun Services (1971 HK) – VAS to drive a strong 2020E and re-rating |
| 【Company Research】Far East Horizon Limited (3360 HK) – Rooting in finance, thriving on industrial operation |
| 【Sector Research】China 5G Technology – Picking structural winners amid uncertainties; Initiate at Outperform |
| 【Company Research】Trip.com (TCOM US) – Recovery in sight |
| 【Company Research】Radiance Holdings Limited (9993 HK) – Profit-over-scale strategy to pay off; Initiate with Buy |
| 【公司研究】信義光能 (968 HK) – 2020年盈利將同比上升75%-95% |
| 【Company Research】Ascentage Pharma Group (6855 HK) – Promising progress on HQP-1351 and APG-2575 |
| 【Economic Perspectives】China Economy in Nov – Growth spurred by demand and supply |
| 【Fixed Income Research】S&P lower Xinjiang Guanghui's rating to B-/Neg is not as bad as it seems. |
| 【Fixed Income Research】China Fortune Land's Next Catalysts |
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