shuinu9870 shuinu9870 shuinu9870 更多一手调研纪要和研报数据加V： 更多一手调研纪要和研报数据加V： 更多一手调研纪要和研报数据加V： 12 November 2024 | 7:47PM HKT shuinu9870 shuinu9870 更多一手调研纪要和研报数据加V： Cathy Chen, CFA +852-2978-6621 | kaiqi.chen@gs.com Goldman Sachs (Asia) L.L.C. Hanseong Kweon +82(2)3788-1059 | hanseong.kweon@gs.com Goldman Sachs (Asia) L.L.C., Seoul Branch Mia Gu +852-2978-6973 | mia.gu@gs.com Goldman Sachs (Asia) L.L.C. shuinu9870 shuinu9870 更多一手调研纪要和研报数据加V： 本文档仅供上海信鱼私募基金管理有限公司18860455898研究使用，请勿外传 China/Korea Cosmetics Global cosmetics ...

shuinu9870 shuinu9870 shuinu9870 更多一手调研纪要和研报数据加V： 更多一手调研纪要和研报数据加V： 更多一手调研纪要和研报数据加V： 本文档仅供上海信鱼私募基金管理有限公司18860455898研究使用，请勿外传 更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 shuinu9870 更多一手调研纪要和研报数据加V： shuinu9870 更多一手调研纪要和研报数据加V： 12 November 2024 | 11:42PM HKT | --- | --- | --- | |-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

shuinu9870 shuinu9870 shuinu9870 更多一手调研纪要和研报数据加V： 更多一手调研纪要和研报数据加V： 更多一手调研纪要和研报数据加V： 本文档仅供上海信鱼私募基金管理有限公司18860455898研究使用，请勿外传 更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 shuinu9870 shuinu9870 更多一手调研纪要和研报数据加V： Source: MSCI, Bloomberg, RIMES, Factset, Morgan Stanley Research. Data as of November 6, 2024. *Data is based on Interim review for MSCI China and final cut for MSCI China A Onshore. shuinu9870 更多一手调研纪要和研报数据加V： Source: MSCI, Bloomberg, RIMES, Factset, Morgan Stanley Research. Data as of November 6, 2024. *Data is based ...

shuinu9870 shuinu9870 shuinu9870 更多一手调研纪要和研报数据加V： 更多一手调研纪要和研报数据加V： 更多一手调研纪要和研报数据加V： 本文档仅供上海信鱼私募基金管理有限公司18860455898研究使用，请勿外传 更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 shuinu9870 更多一手调研纪要和研报数据加V： shuinu9870 更多一手调研纪要和研报数据加V： M Update November 10, 2024 08:41 PM GMT | --- | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

shuinu9870 shuinu9870 shuinu9870 更多一手调研纪要和研报数据加V： 更多一手调研纪要和研报数据加V： 更多一手调研纪要和研报数据加V： shuinu9870 更多一手调研纪要和研报数据加V： shuinu9870 更多一手调研纪要和研报数据加V： 本文档仅供上海信鱼私募基金管理有限公司18860455898研究使用，请勿外传 更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 10 Nov 2024 17:18:01 ET │ 11 pages Zijin Mining (2899.HK) What's New from 2024 Citi China Conference: Unit Cost Largely Stable or Slightly Higher YoY in 2025E shuinu9870 CITI'S TAKE We hosted 2024 Citi China Conference and met with Zijin on Nov 7. Ms. Zhang Yan, Company Secretary, and Ms. Wu Yan, ESG M ...

5 November 2024 | 3:26PM EST Coal Watch A Softer Landing in China Coal Imports n Last year, we noted the potential downside risk to 2024 China coal imports and global coal prices driven by China's abundant coal inventories and strong coal production growth. However, while China coal balances have remained comfortable, we've underestimated China's inventory targets, which have helped support a yoy increase in coal imports into the region this year. n Specifically, China thermal coal imports have persistently ...

Flash | Buy Price (05 Nov 24 15:00) Rmb33.960 Target price Rmb38.300 Expected share price return 12.8% Expected dividend yield 1.7% Expected total return 14.5% Market Cap Rmb57,637M US$8,118M 05 Nov 2024 10:21:53 ET │ 10 pages Zhejiang Huayou Cobalt (603799.SS) What's New from 2024 Citi China Conference: Lower Lithium Cost with Lithium Sulfate Plant in 3Q25E CITI'S TAKE We hosted 2024 Citi China Conference and met with Huayou on Nov 5. Ms. Chen Chen, Securities Affairs Director, attended the meeting. The to ...

06 Nov 2024 07:26:51 ET │ 9 pages China Economics Macro Implications of the US Election CITI'S TAKE Following former President Donald Trump's victory in the US presidential election, as projected by multiple major US media outlets, we discuss: [1] potential impact from possible 60% tariff; [2] China's potential responses; and [3] the ongoing NPC Standing Committee meeting. | --- | --- | |---------------------------------|-------| | | | | Xiangrong Yu AC +852-2501-2754 | | See Appendix A-1 for Analyst Certif ...

V i e w p o i n t | 05 Nov 2024 09:49:28 ET │ 12 pages Zhejiang Sanhua Intelligent Controls (002050.SZ) What's New from 2024 Citi China Conference: Impact of PHEV Mix Spike and Update on US Refrigerant Switch CITI'S TAKE We hosted a range of investor update meetings with Sanhua management at Citi China Conference on 5th Nov. Here are the key takeaways. Auto parts Dollar content for a BEV is Rmb7000-8000/vehicle, a stark contrast to the dollar content of PHEV and ICE (merely a few hundred Rmb). The company w ...

Flash | 05 Nov 2024 12:01:57 ET │ 10 pages ZTE (0763.HK) What's New from 2024 Citi China Conference: Business Update | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...