【招银国际】 Proxy of China’s consumption-led recovery; buying into any weakness for the next recovery wave.pdf

Rapid recovery in C&l’s gas sales; county new energy business continues to heat up

Storing_CO2_through_Enhanced_Oil_Recovery

FY22 largely in-line; Gradual recovery on track

Both sales and margin recovery are on track

China Internet – China online advertising： onset for gradual recovery in 2023E

China Property Sector: Property+ Weekly: Can we expect post-CNY recovery?

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

China Construction Machinery: Near-term recovery more seasonal than structural; Pair trade opportunities

Macroeconomic Research：Fragile Recovery Despite Signs of Economic Stabilization;Increasing Exchange Volatility Against A Stable Median

Recovery is delayed due to macro issues