| 【Company Research】ZTE (763 HK/000063 CH) - AI server momentum drives growth; A key beneficiary of AI infrastructure and localization |
| 【公司研究】深南电路 (002916 CH) - 二季度业绩强劲：销售创新高，利润率扩张；维持“买入”评级 |
| 【公司研究】地平线机器人 (9660 HK) - 上半年业绩回顾：量价齐升驱动收入增长68% |
| 【公司研究】北方华创 (002371 CH) - 长期增长轨迹稳健，无惧季节性波动影响；维持“买入”评级 |
| 【Company Research】New Hope Services (3658 HK) - 1H25: Strong 3rd-party expansion with 11% div. yield; Maintain BUY |
| 【Company Research】OmniVision (603501 CH) - Solid 1H25 results; Maintain BUY |
| 【Company Research】CR Beverage (2460 HK) - 1H25 earnings under ST pressure, LT gains from capacity expansion and channel reform |
| 【Company Research】3SBio (1530 HK) - The journey of globalization has just begun |
| 【Company Research】Geekplus (2590 HK) - 1H25 results in-line; Embodied robots the new driver |
| 【公司研究】药明合联 (2268 HK) - 快速成长的全球XDC领导者 |
公司地址：香港中环花园道三号冠君大厦45-46楼
电话：（852）3900-0888 传真：（852）3761-8788
招银国际版权所有 Copyright © 2019-2025 CMB International Capital Corporation Limited. All rights reserved.
