China & HK Strategy: 3Q25 Preview - Beauty and the Beast
​3Q25 results will test earnings multiple expansion. Seven stocks will show over 100% YoY earnings growth in 2H25, including China Eastern,...
262 Views
Lonking (3339 HK): Still Well Placed
​Strong industry sales of wheel loaders and excavators in Jul-Aug indicate that earnings forecasts may be too conservative. With strong net cash,...
375 Views
China Strategy: 1H25 Roundup and Implications for 2H25
​1H25 earnings weaker than expected with 5.9% growth; 2H25 forecasts show further slowdown to 4%. Chinese airlines and trade-related companies...
358 Views
China & HK Strategy: 1H25 Preview - Where Are the Upside and Downside Surprises?
The companies under our coverage are expected to report 16.8% earnings growth for 1H25, with 2Q25 accelerating to 30.8%. Top performers include...
355 Views
China Heavy Machinery Sector: Anticipating More Upside
Lonking issued a positive profit alert, suggesting that its 1H25 net profit will reach between Rmb590m and Rmb665m, equaling a 29-45% YoY increase....
621 Views