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

China Property Sector–NBS Aug data in-line, expect better recovery in Sep-Oct but sustainability is uncertain

China Property Sector: NBS Aug data in-line, expect better recovery in SepOct but sustainability is uncertain

1H24E preview： eyes on Android recovery and smart tech growth

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

–2023 guidance cut, expecting recovery in 2024

Headwinds in 4Q24 in both China & export;Eyes on policy-driven recovery in 2025

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

China Internet – Release of pent-up demand aids robust travel and consumption recovery

Recovery still takes time

Gradual revenue and margin recovery in FY23