www.ubs.com/investmentresearchThisreporthasbeenpreparedbyUBSAGLondonBranch.ANALYSTCERTIFICATIONANDREQUIREDDISCLosuRESBEGINONPAGE24.UBSdoesandseekstodobusinesswithcompaniescoveredinitsresearchreport...

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www.ubs.com/investmentresearchThisreporthasbeenpreparedbyUBSAGLondonBranch.ANALYSTCERTIFICATIONANDREQUIREDDISCLosuRESBEGINONPAGE21.UBSdoesandseekstodobusinesswithcompaniescoveredinitsresearchreport...

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www.ubs.com/investmentresearchThisreporthasbeenpreparedbyUBSAGLondonBranch.ANALYSTCERTIFICATIONANDREQUIREDDISCLosuRESBEGINONPAGE25.UBSdoesandseekstodobusinesswithcompaniescoveredinitsresearchreport...

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www.ubs.com/investmentresearchThisreporthasbeenpreparedbyUBSSecuritiesLLC.ANALYSTCERTIFICATIONANDREQUIREDDISCLosuRESBEGINONPAGE53.UBSdoesandseekstodobusinesswithcompaniescoveredinitsresearchreports...

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WheatOutlookWheatOutlookJenniferK.Bond,CoordinatorCOVID-19LinkedShiftsinConsumptionLeadtosurgeinU.S.WheatFoodUseWheatflourproductionduringthefirst3monthsofcalendaryear2020surgedmorethan4percentandn...

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Pleaserefertopage24forimportantdisclosuresandanalystcertification,oronourwebsitewww.macquarie.com/research/disclosures.14April2020GreaterChinaEQUITIESInsideHK/Chinaconsumervaluationtable2Structural...

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Pleaserefertopage22forimportantdisclosuresandanalystcertification,oronourwebsitewww.macquarie.com/research/disclosures.13March2020AustraliaEQUITIESAnalystsMacquarieSecurities(Australia)LimitedRossC...

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Disclaimer&Disclosures:ThisreportmustbereadwiththedisclosuresandtheanalystcertificationsintheDisclosureappendix,andwiththeDisclaimer,whichformspartofithttps://www.research.hsbc.comPlayinterviewwith...

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Disclosures&DisclaimerThisreportmustbereadwiththedisclosuresandtheanalystcertificationsintheDisclosureappendix,andwiththeDisclaimer,whichformspartofit.Issuerofreport:TheHongkongandShanghaiBankingCo...

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TheCross-borderE-commerce(Haitao)OpportunityinChinaUnderstandingtheChineseconsumerandstrategiesforinternationalretailerstosucceedinChina’sboomingonlineshoppingmarket.ARESEARCHREPORTBYPreviewVersio...

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