Strong 3Q results; Cost pressure remains Raised full-year guidance post strong quarterly results 每日港股简评 China Property Developers 10M2021 Pre-sales China Property Sector：There are no saviors but developers themselves SUNSHI: High uncertainty on the exchange offer, but risk should be largely priced in 每日港股简评 A review on historical trends and explore investment opportunities:Review on the Property Management Sector in Hong Kong Equity Tough 4Q21E but guidance maintained Raised full-year guidance on strong business growth momentum

China Consumer Staples:Marketing feedback – inflation & price hikes were key words that appeared in every meeting 每日港股简评 Solid 3Q21 despite supply chain challenge; Reiterate BUY Update on 4Q21E/FY22E forecasts 每日港股简评 每日港股简评 Focusing on improving efficiency INDYIJ – Indika Energy Initiation Kaisa - Exchange offer and sales of Kai Tak project Volume to drive handset, new auto products need time to observe growth potential