| 【Company Research】China Meidong Auto (1268 HK) – The worst is over |
| 【Sector Research】China Auto Sector – In-line Aug NEV retail sales volume |
| 【Company Research】Yunkang Group (2325 HK) – Healthy growth in non-COVID business |
| 【Fixed Income Research】Seazen - Too much downside priced in |
| 【Company Research】Mengniu Dairy (2319 HK) – 1H core rev/np +3%/10%; a surprising beat |
| 【Company Research】Ke Holdings (BEKE US) – Short-term headwind, but bottoming out is in sight |
| 【Company Research】BYDE (285 HK) – NDR takeaways: Android recovery, auto/energy storage and Jabil mobility’s synergies |
| 【Company Research】TK Group (2283 HK) – 1H23 weakness amid industry headwinds; Positive on margin recovery in 2H23/FY24E |
| 【Company Research】Haidilao (6862 HK) – Store expansion may be the next catalyst |
| 【Company Research】Nayuki Holdings Limited (2150 HK) – Guidance revised and franchising is the key |
公司地址：香港中環花園道三號冠君大廈45-46樓
電話：（852） 3900-0888 傳真：（852） 3761-8788
招銀國際版權所有 Copyright © 2019-2023 CMB International Capital Corporation Limited. All rights reserved.
