Steam ahead with doubled 2Q net profit and strong NBV uptrend; revise up TP
Maintaining strong growth momentum
China Auto Sector: Strong June provides more confidence for 2H23
Strong GPM expansion supported the breakeven in 2H22
China Auto Sector – Can possible strong Jun sales extend into 2H23?
FY22 Preview: Strong execution of “3+3 Strategy”; Raise TP to HK$2.66
China Auto Sector–Strong 4Q23 sales mixed with rising competition
Core educational business sustained strong momentum
–Release of pent-up demand remained strong
Fundamentals remain strong despite recent market volatility, reiterate BUY