3Q23 earnings a strong beat 3Q rev/np -4.6%/+4.7%; above market expectation Implications of Intel 3Q23: PC recovery, server destocking progress and new platform launches A one-stop auto service ecosystem Profit may continue to beat in next few quarters Mazdutide (9mg) continues to show its BIC potential with 48-week results Fixed Income Daily Market Update 3Q23 earnings review: Weichai & Zoomlion beat; SANY Heavy & Jiangsu Hengli miss 9M23 Monthly: Life reversed negative monthly Y/Y, PC uptrend continued; assets to benefit from LT yields up China Economy: PMI dropped to contraction calling for additional policy easing