海外研报

GS--China: NBS manufacturing PMI rose while Caixin manufacturing PMI fell in September

The NBS manufacturing PMI increased to 49.8 in September from 49.1 in August

GS--Declines in offline narrowed; Online growth largely maintained

1. Offline baby formula market fell by 8.6% yoy in Jul-Aug 2024, showing

GS--Credit Notes: Taking stock of the election premium in Uruguay (Fabius)

On October 27, Uruguay will hold its general election and plebiscite on its pension

Deutsche Bank Research - Investor Positioning and Flow - Oct 21

On the growth front, positive surprises started with the robust payrolls report

MS_Japan Equity Quantitative Strategy (Oct 2024) - Prefer Net Buyback Yield - Optimal

For seasonal reasons it is easier to increase share buybacks at 1H