【招银国际】Stable 1H24 results; Maintain HOLD.pdf

China Insurance Sector-Improving fundamentals; Maintain OVERWEIGHT

Maintaining strong growth momentum

1Q23 dragged by higher investments and macro headwinds; Maintain BUY on 2H recovery

Capital Goods: Turning cautious on export market; D/G Sinotruk to HOLD; Maintain BUY on Weichai

Yanlord：Resilient FY22 results and business model; maintain Buy

Expansion outside Zhejiang to support GFA growth; Maintain BUY

LT prospects intact; Maintain HOLD on continued margin pressure

Gen AI business maintains momentum on increased AI investment

Positive outlook; Maintain BUY

1Q in line; 2023 guidance maintained