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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>JPM Ratings on CN Developers/ Managers
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<Hindsight>Brokers' Latest TPs/ Opinions on JD LOGISTICS Post-Results
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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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<Research>UBS: JD HEALTH's 2025 Results Beat; Investors Should Focus on 2026 Guidance
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<Research>BofAS Chops JD-SW TP to $130, Reiterates Buy Rating
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<Research>CLSA Cuts JD HEALTH's TP to HKD66.5 But Expects Drug Sales to Continue Delivering Positive Surprises
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<Research>Nomura: JD-SW 4Q25 Results Beat; Profit Outlook Still Affected by Overseas Expansion
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<Research>UOB Kay Hian: US-Iran Conflict Boosts Oil Prices, Accelerates EV Popularization
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<Research>M Stanley Expects CK ASSET Shr Price to Rise in Next 60 Days; Potential Shr Buyback After Asset Sale
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<Research>Nomura Keeps Buy on JD LOGISTICS with TP HKD17
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<Research>M Stanley Expects JD HEALTH to Maintain Strong Growth This Yr, but NP May Be Flattish
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<Research>Nomura: JD HEALTH Last Qtr Results Beat; FY26 Profit Margin Guidance Conservative
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<Research>BofAS: JD LOGISTICS Last Qtr Results Beat; Mgmt Optimistic About This Yr's Outlook
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<Research>UOB Kay Hian Trims JD-SW TP to $133, Keeps Buy Rating
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<Research>Daiwa Lifts JD LOGISTICS TP to HKD19.5; Valuation Highly Attractive with Improving Profit Outlook
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<Research>JPM: Mideast Geopolitical Uncertainty May Be Shr Price Driver for HK Banks in ST
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