Bracing for Headwinds – How APAC Challenger Banks Can Navigate Disruption in 2023
–Headwinds endure
1Q23 dragged by higher investments and macro headwinds; Maintain BUY on 2H recovery
Factoring in ads & games headwinds
cRPO growth moderating on macro headwind
–Short-term headwind, but bottoming out is in sight
Short -term headwind doesn’t change the long-term story
1H23 Preview: weak revenue amid industry headwinds; expect smartphone recovery in 2H23E
China Technology Sector:Apple FY2Q23 beat on strong iPhone and EM; Positive on resilient performance amid headwinds
European Economics Analyst: Euro Area Outlook 2024: Fading Headwinds