【招银国际】2Q earnings beat; investment opportunities arise with overreaction on softened outlook.pdf

Improved earnings visibility favours re-rating

After-sales as earnings driver amid low valuation

Earnings outlook to mildly improve

Earnings hurt by industry cycle; Parentco’s revival offers revaluation chance; Maintain BUY

Earnings recovery underway

10% earnings upside in FY24/25E; Reit

China Auto Sector–Oct discounts widened after 3Q23 earnings beat

–Earnings in-line; Mgmt. changes imply a new round of expansion

MengDian HuaNeng Earnings beat；Weijiamao coal mine expansion approved

JPMorgan-US Earnings Scorecard 2Q24 Earnings Update-109493093