Source: Refinitiv Eikon Source: Company data, Goldman Sachs Research estimates, FactSet. Price as of 26 Dec 2024 close. Company-specific regulatory disclosures Additional disclosures required under the laws and regulations of jurisdictions other than the United States This research is for our clients only. Other than disclosures relating to Goldman Sachs, this research is based on current public information that we consider reliable, but we do not represent it is accurate or complete, and it should not be r ...

Equity Research European Pharmaceuticals & Life Sciences 27 December 2024 Novo Nordisk Weekly US diabetes & obesity market tracker Implications for Novo in 4Q24: IQVIA data reported 7.60mn/0.78mn/2.69mn TRx for Ozempic/ Rybelsus and Wegovy, respectively, in 3Q24. Based on the weekly data QTD and conservatively assuming flat to 1% w/w growth for the balance of the quarter, we expect 4Q24 total written scripts to come in at ~7.64mn/ 0.75mn/ 2.90mn for Ozempic/Rybelsus/Wegovy (+0.5% /-3.7% / +7.8% growth q/q). ...

V i e w p o i n t | Fund Flow Insights CITI'S TAKE US$1.1bn outflow from EM funds — EM funds saw another week of outflow as US$1.3bn left China funds for the second week. GEM funds however enjoyed a small inflow of US$0.7bn. | --- | --- | --- | --- | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------|----------------|-------|-------|-------|------------------------------------| | Figure 1. Latest flows in DM and EM equ ...

Asia Pacific Equity Research 26 December 2024 J P M O R G A N We revise down our 1Q25 estimates for AVC to factor in the delayed shipment schedule of GB200 components. Our new estimates suggest 5% QoQ decline in 1Q25 (vs. Bloomberg consensus of +2% QoQ rev in 1Q25), given a smaller contribution liquid cooling products, as we now assume more meaningful shipments of GB200 components will be delayed at least until late 1Q25 (component-level schedule). For 2H25 and 2026, we remain positive and keep our estimate ...

J P M O R G A N Asia Pacific Equity Research 26 December 2024 See page 4 for analyst certification and important disclosures, including non-US analyst disclosures. J.P. Morgan does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision. Important Disclosures Th ...

27 Dec 2024 06:51:23 ET │ 10 pages 1,417 Games Approved in 2024; 122/13 Domestic/Imported Games in Dec; 2 Games Each for Tencent & NetEase | --- | --- | --- | |-------------------------------------------------------|-------|-------| | | | | | | | | | Alicia Yap, CFA AC +852-2501-2773 alicia.yap@citi.com | | | | Nelson Cheung +852-2501-2728 nelson.cheung@citi.com | | | Highlights from domestic game batch and amendment note – 109/11/1/1 mobile/cross-platform/PC/console games were approved, including: 1) Anant ...

Exhibit 6: ChiNext turnover (scaled to 0-100% based on the percentage away from its high and low levels since January 2014) vs. CSI 300 Exhibit 7: Equity futures turnover (vs. three months ago; scaled to 0-100% based on the percentage away from its high and low 300 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Mar-14Oct-14May-15Dec-15Jul-16Feb-17Sep-17Apr-18Nov-18Jun-19Jan-20Aug-20Mar-21Oct-21May-22Dec-22Jul-23Feb-24Sep-24 RSI-30D* CSI300 (RHS) -60% -40% -20% 0% 20% 40% 60% 80% 100% Mar-14Sep-14Mar-15Sep-15Ma ...

Jan-06Oct-06Jul-07Apr-08 Jan-09Oct-09Jul-10Apr-11 Jan-12Oct-12Jul-13Apr-14 Jan-15Oct-15Jul-16Apr-17 Jan-18Oct-18Jul-19Apr-20 Jan-21Oct-21Jul-22Apr-23 Jan-24Oct-24 V i e w p o i n t | US REITs & Lodging Fund Flow Insights 26 December 2024 Citi Research Real Estate Fund Flows | --- | --- | --- | --- | --- | |-------------------------------------------------------------------------------------|--------|--------|----------|----------| | Figure 1. Breakdown of Weekly and 2024 Fund Flows ($ millions) \nUS Registe ...

27 December 2024 | 1:35PM HKT | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------| | | | | Bottom line: | Chelsea Song +852-2978-0106 \| chelsea.song@gs.com Goldman Sachs (Asia) L.L.C. | | China's industrial profi ...

ab 26 December 2024 Global Research China China Industrials Nowcasting on US economics and China's export/import (Dec.) Preliminary retail spending estimates +0.76% MoM, still accelerating from last month's reported 0.20% MoM. For December, UBS Evidence Lab Nowcast expects the core CPI to continue to stabilize with increase of 0.20% MoM, below the US Economics team's preliminary estimate of a 28 bp increase. All major components suggest relatively stable MoM trends except for airfares which is suggesting so ...