–Clear path to margin recovery; Upgrade to BUY
China Catering Sector: Customer traffic recovering; to drive margins in FY23
Gradual revenue and margin recovery in FY23
China Technology Sector–Apple FY4Q23 beat on margins, resilient China iPhone sales, weak outlook for iPad/Wearablese
FR08/23 Margin dynamics in centrally cleared commodities markets in 2022
Solid core music business and margin expansion outlook
Solid mobile games and margin improvement support strong 1Q23 results
Margin improvement driven by economies of scale
金沙中国23Q3复苏明显,EBITDA margin持续上升
1Q23 earnings miss on gross margin