1Q23 results beat and expect gradual recovery
3Q24 net profit +38% YoY, beat expectations; US remains the most promising market
CMS Strategy Weekly: Rate expectations see upward revision
Weak 2H22 as expected; IoT/auto CCM poised to drive recovery in 2023
China Technology–Global fabless/IDM 2Q23 wrap: expect continued inventory correction for non-AI players; All eyes on NVDA 3Q23E guidance
China Policy – Credit growth is expected to rebound in 2023
Expect an improving trend after a weak 1Q24
Growth beat expectations with recovery underway
Expect strong growth to continue after the impressive 1H23; U/G to BUY
Expect a profit turnaround in 2023E