【招银国际】–Short-term headwind, but bottoming out is in sight.pdf

Short-term headwind continues

Resilient FY22／1H23 despite industry headwinds

cRPO growth moderating on macro headwind

Short-term headwind continues; strategic upgrades to drive long-term growth

China Technology Sector:Apple FY2Q23 beat on strong iPhone and EM; Positive on resilient performance amid headwinds

European Economics Analyst: Euro Area Outlook 2024: Fading Headwinds

-香港--Chinasoft -354 HK- Growth resilient against macro headwinds -221019

–Resilient 3Q23 despite macro headwinds; Positive outlook for auto and comm. business

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

–Headwinds endure