Sinolink International: First time rating Cathay Pacific Airways Limited (0261) as "accumulate", further enhancing its market position in fee-based businesses.

- Wisdom News APP learned that Guotai Junan International released a research report stating that 2025 will be a year of consolidation for Country Garden SeaDragon (02611.HK). It will take time to smooth out the frictions brought about by mergers and acquisitions, as the company's customer assets and net asset scale reach new heights, its comprehensive strength will further enhance, and scale effects will be realized. The bank predicts that the company's net profit attributable to shareholders in 2025 and 2026 will be 27.461 billion and 23.37 billion respectively, with year-on-year growth rates of +110.8% and -14.9% respectively. It is initiating coverage with a "hold" rating.