【招商证券】 Near term challenges should fade into gradual recovery.pdf

FY22 largely in-line; Gradual recovery on track

–1H23 profit warning; Maintain BUY on 2H gradual recovery

China Economy: Deflation may gradually alleviate after credit loosening

1H24 preview： margin weakness priced in; expect gradual ASP/margin recovery in 2H

Gradually back on the right track

Acceding Countries’ Gradual Integration into the EU Single Market

1Q23 results beat and gradual recovery is likely

China Economy – Economy further weakens with gradual policy easing ahead

China Economy: Economy further weakens with gradual policy easing ahead

1Q23 results beat and expect gradual recovery