更多一手调研纪要和海外投行报告加V：shuinu9870 更多一手调研纪要和海外投行报告加V：shuinu9870 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 更多一手调研纪要和海外投行报告加V：shuinu9870 Citi Research November 1, 2024 更多一手调研纪要和海外投行报告加V：shuinu9870 FX Flows Weekly See AppendixA-1 for AnalystCertification, Important Disclosures and ResearchAnalystAffiliations Citi Research is a division of Citigroup Global Markets Inc. (the "Firm"), which does and seeks to do business with companies covered in its research reports. As a result, investors should be aware thatthe Firm may have a co ...

更多一手调研纪要和海外投行报告加V：shuinu9870 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 03 Nov 2024 16:41:54 ET │ 12 pages China Insurance 3Q24 Results Wrap: NBV Robust with Sales & Margin Hikes; CoR Sapped by NAT CAT; Earnings Soared on Inv't CITI'S TAKE In 9M24, life insurers delivered robust NBV growth, with PICC Life leading (+114% yoy), followed by NCI/CPIC/Ping An/China Life at 79%/38%/34%/25% yoy. Ping An/CPIC's 3Q24 NBV growth accelerated to 1.1x/75% yoy, underpinned by both accelerated FYP growth and widened NB margin. In 3Q24, ...

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 Europe Equity Research 03 November 2024 J P M O R G A N Metal Inventories in China China inventory trends during 5 weeks of stimulus: China steel output fell last week, iron ore shipments & inventories increased. Aluminium inventory at seasonal lowest in 5 years 更多一手调研纪要和海外投行报告加V：shuinu9870 | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

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 更多一手调研纪要和海外投行报告加V：shuinu9870 2131d4eaf4cb4d50b1d51c8af07b64b4 AIA Group (1299.HK): China Virtual Corporate Day Takeaways 4 November 2024 | 8:46PM HKT We hosted AIA IR team at our China Virtual Corporate Day on Nov 4. Investor questions were focused on the mainland China operation, especially given the two new provincial branch approvals received on Oct 28. In addition, AIA also talked about HK growth outlook and capital allocation, including potential ways to improve capital eff ...

Flash | 更多一手调研纪要和海外投行报告加V：shuinu9870 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 04 Nov 2024 05:26:49 ET │ 12 pages SK Hynix (000660.KS) SK AI Summit Review: Evolving into AI Infra Solution Provider through Global Partnerships CITI'S TAKE On Nov 4th, SK Group Chairman, Taewon Chey, hosted SK AI summit conference. Chey highlighted SK group's future strategy on AI infra solutions encompassing semiconductor, data center, energy, materials, and AI services. He emphasized global partnerships centered on AI memory and AI data c ...

Flash | 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 03 Nov 2024 11:46:20 ET │ 12 pages Shenzhen Inovance Technology (300124.SZ) General Automation Order Increased by +10% YoY in Oct-24 CITI'S TAKE The long-awaited encouraging data in China's factory automation (FA) space has finally arrived. Inovance reported that its general automation order grew by +10% YoY in Oct-24, returning to the positive trajectory after two consecutive months of decline (Aug-24 and Sep-24). We believe that this was primarily due to diminishing ne ...

Flash | 更多一手调研纪要和海外投行报告加V：shuinu9870 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 03 Nov 2024 05:30:00 ET │ 15 pages China K12 Educational Services Oct '24 Pulse: May-Oct Tutoring License Review: K9 Non-Academic (+5,998) vs. High School Academic Balance CITI'S TAKE The licensing data shows continued market expansion in K9 nonacademic segment (5,998 additions from May-Oct, with steady 200-500 monthly pace) and controlled growth in high school academic segment. While EDU's leading network coverage provides structural advanta ...

Flash | 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 04 Nov 2024 10:59:36 ET │ 11 pages Li Auto (LI.O) Li Auto incentives updates (Oct version) CITI'S TAKE By end-Oct, Li Auto narrowed its car purchase incentives across L-series while lifting total incentives for Mega. L6 end-Oct incentives were reduced by -11.3% (vs. early-Oct) to Rmb15.9k, with cash incentives down -16% to Rmb13.1k. L7/L8 saw total incentives cut -15% to Rmb12.4k by end-Oct, with cash incentives decreasing by -29.4% to Rmb9.6k. L9's cash incentives down ...

M Update Greater China Technology Hardware | Asia Pacific November 3, 2024 09:15 PM GMT 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 Implications from Intel Call, IDC's 3Q PC Shipment Data Intel expects 4Q PCs to see q/q growth off a sub-seasonal 3Q, and expects DCAI revenue to be flat q/q in 4Q off an elevated base in 3Q. Overall comments were largely in line with what we have been hearing from the supply chain. 更多一手调研纪要和海外投行报告加V：shuinu9870 PCs: Intel 3Q Client revenue fell 1% q/q, in line with the sub-seasonal flat-to-do ...

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 更多一手调研纪要和海外投行报告加V：shuinu9870 04 Nov 2024 10:58:42 ET │ 15 pages US Economics Inflation Weekly – Wage pressures returning to normal CITI'S TAKE Core PCE inflation rose 0.25%MoM in September, a bit stronger than the 0.21% increase we had been expecting but with Q3 inflation still rising close to target with a 2.16%QoQ annualized increase. Core inflation could remain volatile month to month, with some upside risk in October from components like medical and financial services. But h ...