Michael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working across industries that include O&G, OFS, Midstream, Industrials, Information Technology, EPC Services, and consumer discretionary.Investment recommendations are built upon the entirety of the investment ecosystem rather than considering a company independently.Analyst’s Disclosure:I/we have no stock, opti ...

Michael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working across industries that include O&G, OFS, Midstream, Industrials, Information Technology, EPC Services, and consumer discretionary.Investment recommendations are built upon the entirety of the investment ecosystem rather than considering a company independently.Analyst’s Disclosure:I/we have no stock, opti ...

Core Insights - The article emphasizes the importance of a holistic approach to investment recommendations, considering the entire investment ecosystem rather than evaluating companies in isolation [1]. Group 1 - Michael Del Monte has over 5 years of experience as a buy-side equity analyst and previously spent over a decade in professional services across various industries including Oil & Gas, Oilfield Services, Midstream, Industrials, Information Technology, EPC Services, and consumer discretionary [1].

港股医药:板块表现强势,建议积极增加配置- 港股医疗保健行业点评 点击注册小程序 查看完整报告 特别申明： 本订阅号中所涉及的证券研究信息由光大证券研究所编写，仅面向光大证券专业投资者客 户，用作新媒体形势下研究信息和研究观点的沟通交流。非光大证券专业投资者客户，请勿 订阅、接收或使用本订阅号中的任何信息。本订阅号难以设置访问权限，若给您造成不便， 敬请谅解。光大证券研究所不会因关注、收到或阅读本订阅号推送内容而视相关人员为光大 证券的客户。 光大研究一周热榜，精选"光溯" 小程序本周阅读量前十研报。 No.1 听光的声音/洞悉光的观察/了解光的态度 吴佳青 行业简报 2025-07-17 我们建议增加港股医药板块配置。1）化学制药：传统制药企业 正在经历转型创新,优质品种的引进或授出或带来股价催化, 建议关注低估值业绩稳健增长的三生制药、联邦制药、康哲药 业、中国生物制药、石药集团、翰森制药等； 2）创新药板块: 创新国际化是中国制药产业升级换代的必由之路，我们认为应 当重点关头部创新药盈利延续超预期趋势和部分优质公司BD实 质性进展。建议关注百济神州、... 长按识别小程序码进入 光大证券小程序 阅读全文 ...

Michael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working across industries that include O&G, OFS, Midstream, Industrials, Information Technology, EPC Services, and consumer discretionary.Investment recommendations are built upon the entirety of the investment ecosystem rather than considering a company independently.Analyst’s Disclosure:I/we have no stock, opti ...

分析师点评 市场数据 行业研究 【零售】大促前置影响 6 月表现，黄金零售短期承压——2025 年 6 月社消零售数据 点评(买入) 2025 年 6 月社会消费品零售总额为 4.23 万亿元，同比增长 4.8%（wind 市场一致预 期为 5.56%），增速比 5 月下降 1.6 个百分点。增速环比有所下滑，主要由于去年同 期基数较高以及大促前置周期拉长，更多消费需求被提前释放所致。从细分品类看， 必选品增速环比均有所下降；可选品中金银珠宝类受金价高位震荡压制需求影响，增 速环比下降；同时国补相关品类仍然保持增长，但增速环比有所放缓。风险提示：宏 观经济增速和居民收入增速未达预期，地产后周期影响部分细分行业收入增速，渠道 变革大势对现有商业模式冲击高于预期。 2025 年 7 月 18 日 晨会速递 【基化】COFs：高性能结晶性多孔高分子材料，新能源等领域应用前景可期—— COFs 行业动态报告(增持) COFs 是一类具有精确可调孔道和表面功能的新型多孔晶体材料，其凭借独特的分子 设计性和优异性能，在能源存储、环境治理、生物医药等领域展现出广阔应用前景， 我们持续看好 COFs 材料未来发展前景。建议关 ...

Michael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working across industries that include O&G, OFS, Midstream, Industrials, Information Technology, EPC Services, and consumer discretionary.Investment recommendations are built upon the entirety of the investment ecosystem rather than considering a company independently.Analyst’s Disclosure:I/we have a beneficial l ...

Core Insights - The article emphasizes the importance of a holistic approach to investment recommendations, considering the entire investment ecosystem rather than evaluating companies in isolation [1]. Group 1: Analyst Background - Michael Del Monte has over 5 years of experience as a buy-side equity analyst and previously spent over a decade in professional services across various industries including Oil & Gas, Oilfield Services, Midstream, Industrials, Information Technology, EPC Services, and consumer discretionary [1]. Group 2: Investment Philosophy - The investment recommendations are based on a comprehensive understanding of the investment ecosystem, highlighting the interconnectedness of various sectors and companies [1].

Core Insights - The article highlights the importance of a comprehensive investment ecosystem approach rather than evaluating companies in isolation [1]. Group 1 - Michael Del Monte is identified as a buy-side equity analyst with over 5 years of experience in the investment management industry [1]. - Prior to his current role, he spent over a decade in professional services across various industries including Oil & Gas, Oilfield Services, Midstream, Industrials, Information Technology, EPC Services, and consumer discretionary [1]. - Investment recommendations are based on the entirety of the investment ecosystem, emphasizing a holistic view of market dynamics [1].