1H24 preview: margin weakness priced in; expect gradual ASP/margin recovery in 2H
Apple FY1Q23 miss on macro and supply chain issues; Expect weakness to persist in near term
China Property Sector: NBS Aug data in-line, expect better recovery in SepOct but sustainability is uncertain
China Property Sector – NBS 2M23 data: Strong as expected
China Property Sector – Property+ Weekly: Can we expect post-CNY recovery?
China Property Sector:NBS Sep data: gloomy as expected, no strong rebound, only mild recovery in 4Q in our view
1H23 Preview: weak revenue amid industry headwinds; expect smartphone recovery in 2H23E
We expect prudent guidance but decent margins
China Economy – Exports continued to beat expectations with uncertainty ahead
U.S. Inflation Expectations During the Pandemic