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<Research>HSBC Research Slashes JD-SWs TP to HKD137; New Biz Investments Drag on Earnings
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<Research>CICC: BYD's 2nd-Gen Blade Battery Unlocks New Tech/ Product Cycle
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Economists Raise HK Econ Growth Forecast for 2026 to 2.9%: Bloomberg Survey
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Lei Jun: XIAOMI-W to Pump RMB200B into Hard Tech Innovation in 5 Yrs
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NAFR Li Yunze: CN Can Explore Use of Insurance Funds to Replenish Bank Capital
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<Research>UBS: If Oil Prices Rise to USD80/ bbl, 3 CN Airlines May All Lapse into Losses
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<H Shrs>HSI Swells 468 Pts at Midday Close; JD Surges 8%+ Post-Results; Tencent, Alibaba, Meituan Up 4%
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<Hindsight>Brokers' Latest Ratings, TPs & Opinions on JD-SW Post-Results
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<Research>UBS: JD-SW 4Q25 Revenue Slightly Beats; Focus on JD Retail Outlook
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<Midday Takeaway>HSI Up 468 pts; HSTI Up 177 pts; XIAOMI Up over 5%; BABA Up over 4%; TENCENT Up over 3%
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<Research>G Sachs: JD-SW TP Set at $169 as 4Q25 Results Beat
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<Research>JPM Ratings on CN Developers/ Managers
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<Research>JPM Estimates CN Developers to Underperform in Short Term as NPC Meeting Shows No Strong Will to Boost Sector; Focus on Politburo Meeting at End-Apr
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<Research>G Sachs Rates JD LOGISTICS at Buy; 4Q Adjusted NP Beats
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<Hindsight>Brokers' Latest TPs/ Opinions on JD LOGISTICS Post-Results
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<Research>Citi: JD LOGISTICS Quarterly Results in Line; 2026 NP Growth Expected to Top 20%
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<Research>JPM: No Major Surprises in NPC Policy; CN 2026 GDP Growth Expected at 4.7%
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《HIBOR》1-Month HIBOR Down to 2.19%, Logging 1-month Low
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<Research>CLSA Lowers JD LOGISTICS TP to HKD14.6, But Envisions Profit Margin to Pick Up This Yr
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<Research>M Stanley Raises 2026 Brent Oil Forecast to USD72.5/ bbl, Hikes TPs for '3 Oils', Recommends Overweight
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