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STANCHART Appoints Raza Jafree, Ex-UBS Banker, as Global Head of Private Client Sales
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<Research>M Stanley Optimistic on Upcycle for 3 Major CN Airlines, Elevates TPs
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<Research>JPM Downgrades FUYAO GLASS to Neutral; MINTH GROUP Remains Top Pick
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Spot USD/CNY Adds 117 bps to Close at 6.9284
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<Results>HKT-SS Annual NP Surges 4.3%; Final Distribution per Shr Stapled Unit at HK47.97 Cents
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<Research>JPM Downgrades LI AUTO-W to Underweight; Top Picks GEELY AUTO/ SINOTRUK
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<H Shrs>HSI Closes Up 467 Pts as CN Insurers/ Commodities/ AI Stocks Gain; KNOWLEDGE ATLAS Soars 36%
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<Research>M Stanley Raises 2027 EPS Forecast for Amazon.com by 3% as AWS Biz Likely to See Robust Growth in Future
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<Research>JPM: WERIDE-W Partners with Uber to Expand in Middle East Mkt; Rating Reiterated at Overweight
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<Research>CLSA: Hiking Costs Further Compress Automaker Profits; BYD, Leapmotor Better Absorb Pressure
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<Research>Citi Cuts Coinbase's TP to USD400 After Model Update; Still the Beneficiary of Crypto Reform
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UBS Expects CN 2026 Econ Growth to Be at Least 4.5%, Forecasts USD/ RMB to Rise Above 6.8 Mark at End-yr
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<Full-day Takeaway>HSI Up 467 pts; HSTI Up 71 pts; PING AN Up over 4%; SHK PPT, HSBC HOLDINGS, YUM CHINA, GALAXY ENT, HENDERSON LAND Hit New Highs; Market Turnover Rises
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<Research>CMSI: Amazon 4Q Results Strong; TP Raised to USD292
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<Research>Jefferies: MEITU's 2025 Adj. Profit Guidance Mid-point In Line; Rating Buy
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EY Expects HK Govt to Log ~$500M Deficit for FY2025-26; Fiscal Reserves Inch Down to $653.8B
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<Research>Daiwa Elevates Apple's TP to USD310; Position in Supply Chain Likely Very Favorable
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<Research>UBS: LI AUTO-W 's Upcoming L9 Refresh to Catalyze Re-rating; Buy Rating Reiterated
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<Research>G Sachs Adds YIHAI INTL TP to $15.4, Keeps Neutral Rating
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POP MART Rises 5%+, Notching 6-Day Rally; China Securities: Structure of '1 Dominant IP & Several Strong IPs' Formed
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