【招银国际】–1H23 profit warning worse than feared; Maintain Hold.pdf

COVID business to maintain solid growth

Stable 1H24 results; Maintain HOLD

China Banking Sector: Maintain OVERWEIGHT on valuation and positive outlook

China TMT： Maintain buy XIAOMI’30-31s, XIAOMI 0’27(CB), MEITUA 0’27(CB), initiate buy on WB 3 3／8’30

Online music business maintains solid growth amid macro uncertainty

Maintaining strong growth momentum

Positive outlook; Maintain BUY

–1H23 profit warning; Maintain BUY on 2H gradual recovery

Maintaining conservative outlook

4Q22 Preview： earnings recovery remains bumpy; Maintain HOLD