Expect higher contribution from AI revenue in 3Q; Upgrade to Buy
China Economy – Exports continued to beat expectations with uncertainty ahead
Net profit 1H24 +2.7x YoY, beat expectations
China Economy: Exports continued to beat expectations with uncertainty ahead
1H23 Preview: expect weakness in-line; Back-end loaded in 2H23E
Expecting bottoming out
1H23E preview: Expect profit decline on weak coal price
Expect solid 2023E earnings; Higher free float to boost valuation
3Q24 net profit +38% YoY, beat expectations; US remains the most promising market
Is High Debt Constraining Monetary Policy? Evidence from Inflation Expectations