【招银国际】1H24 profit alert points to solid 2Q results.pdf

Solid cloud rev growth with improved earnings growth outlook for e-commerce business

Expecting a solid 1H23

3Q24 first take: Earnings in-line with solid margin recovery; Focus on GB200 products in 4Q24E

Solid 3Q with intact near-term prospects; Maintain BUY

Solid 1H24 earnings, better NEV outlook

Solid 1H24 with balanced sources of growth, maintain BUY

Solid mobile games and margin improvement support strong 1Q23 results

COVID business to maintain solid growth

Solid margin and attractive valuation; wait for top-line recovery

Solid Feb NEV sales with many new models on the way