【招银国际】–1H23 weakness in-line; Maintain HOLD on fair valuation.pdf

Yanlord: Weak 1H24 results but manageable liquidity

Weak PMIs confirm downside pressure for growth

China Macro Monitor – Growth momentum remained weak

China Economy – Growth slows sharply as confidence remains weak

China Economy: Weak exports support further policy easing

China EconomyGrowth momentum remained weak

–Weak revenue growth in the price; overseas growth story still intact

-香港--HKEX -388 HK- Resilient performance in weak market-221019

–1H23 weakness amid industry headwinds; Positive on margin recovery in 2H23／FY24E

Proxy of China’s consumption-led recovery; buying into any weakness for the next recovery wave