| 【Company Research】China Lilang (1234 HK) – Virus impact inevitable but attractive yield |
| 【Company Research】CITIC Securities (6030 HK) – Soft 4Q19 behind |
| 【Company Research】CIMC Vehicles (Group) (1839 HK) – Weakness in overseas sales inevitable; China demand improving |
| 【Company Research】Vanke - A (000002 CH) – Results slightly missed |
| 【Company Research】Vanke - H (2202 HK) – Results slightly missed |
| 【Company Research】Tencent (700 HK) – Solid 4Q19 with game acceleration |
| 【Company Research】ZTO Express (ZTO US) – Expect strong recovery after 1Q20E |
| 【Company Research】Xtep (1368 HK) – Solid cash position to yield attractive dividend |
| 【Sector Research】China Brokerage Sector – On an upward policy trajectory |
| 【Company Research】Tongda Group (698 HK) – Not immune from COVID-19 impact; D/G to HOLD |
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