1Q23 results beat and expect gradual recovery
Gradual revenue and margin recovery in FY23
China Economy–Deflation may gradually alleviate after credit loosening
1H24 preview: margin weakness priced in; expect gradual ASP/margin recovery in 2H
Exports to gradually improve in 2024
China Economy: Deflation may gradually alleviate after credit loosening
1Q23 results beat and gradual recovery is likely
China Economy: Economy further weakens with gradual policy easing ahead
China Internet: China online advertising: onset for gradual recovery in 2023E
China Internet – China online advertising: onset for gradual recovery in 2023E