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[李银财经媒体人]Dim Sum Express

GeelyAuto:Keytakeawaysfrommeetingwithmanagement;Considerablegrowthahead

Managementbelievesthatgiventheconsiderablesalesgrowthin9M17,totalsalesvolumethisyearcouldreach1.15-1.20munits,whichwouldbehigherthanitsprevioussalestarget,whileinlinewithourestimateof1.19munits.Thissalesexpectationwouldrepresent51-57%YoYsalesgrowth,asignificantgrowthrateamongown-brandpeers.Therapidsalesgrowthcomesmainlyfromthecompany’sbalancedproductmix,whichfocusesonbothsedansandSUVs,itsR&Dwhichstrivestomakeitsproductsmeetcustomers’needs,anditseffectivemarketingstrategy.Weexpect2018tobeakeyyearforthecompanyintermsofitsproducts.MaintainBuy.

UniversalMedical:Sharesup10%yesterday;investorsnoticingthepotentialinitshospitaloperations

UniversalMedicalsawamorethan10%increaseinitssharepriceyesterday.Withnoparticularrelatednewsbesidessomereportsaboutthecompany’sprogressattheInternationalLandPortHospital,webelievetheriseismainlyduetorecentmarketinterestinhealthcareandinvestorsbeginningtonoticethesignificantpotentialinthecompany’shospitaloperationsbusiness.NewscatalyststhatweconsidermoresignificantincludeprogressincooperationwithHandanFirstHospital,ZhengzhouHospitalanditsinvolvementinSOE-affiliatedhospitalreform.MaintainBuyandTPofHK$8.60.


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