Book is thin — 6m range +3.9% to +4.8%, median conf 74. That's not conviction, that's a shrug. Weight sits on earnings yield vs bonds, top driver in 4 of 10. Tech 2, Utilities 2, Comm Svcs 1. Utilitie

Kuaishou Technology ($1024.HK) tops the book at +4.8%, univ 100%, sec 100% — cheap vs bonds, cheap on fwd/trail P/E, but EPS revision is DECELERATING. That's the crack. Want Want China Holdings ($0151.HK) runs the same yield trade with illiquidity and downside risk scoring as positives. Illiquidity as a bullish driver means nobody's selling, not that anybody's buying. HONGQIAO HOLDINGS ($002379.SZ) — yield vs bonds plus P/E, but 6mo momentum dragging against it. CHINA TAIPING ($0966.HK) — yield, P/E, illiquidity. Same cheap-financials trade, different fingerprints. Full Truck Alliance ($YMM) is the odd one out: EPS revision accelerating is the #1 driver, not yield. Tech, sec 100%. Good signal. DIAN TOU ENERGY ($002128.SZ) — P/E and yield, but EPS revision decelerating. Huaneng Power International ($0902.HK) — EPS revision accelerating plus yield plus 60d volatility. Vol as a bullish driver is unusual. Eoptolink Technology ($300502.SZ) — illiquidity flips NEGATIVE here, the only name in

Kuaishou Technology ($1024.HK) tops the book at +4.8%, univ 100%, sec 100% — cheap vs bonds, cheap on fwd/trail P/E, but EPS revision is DECELERATING. That's the crack. Want Want China Holdings ($0151