【招银国际】–1H23 worse than expected on slow recovery; Maintain HOLD.pdf

Reverse roadshow takeaways： high demand continues, Maintain Buy

China Insurance Sector: Improving fundamentals; Maintain OVERWEIGHT

Solid 1H24 with balanced sources of growth, maintain BUY

Earnings beat with double surprises on dividend payout; Maintain Buy

China Banking Sector: Maintain OVERWEIGHT on valuation and positive outlook

1Q23 dragged by higher investments and macro headwinds; Maintain BUY on 2H recovery

1Q23 beat on better GPM; Maintain HOLD on fair valuation

Online music business maintains solid growth amid macro uncertainty

China Banking Sector-Maintain OVERWEIGHT on valuation and positive outlook

Core business maintains a healthy growth momentum