–1H23 weakness in-line; Maintain HOLD on fair valuation
China Economy Confidence remained weak amid property slump and deflation
1H23 Preview: expect weakness in-line; Back-end loaded in 2H23E
China Economy – Inflation declines as aggregate demand remains weak
China Economy–Trade remains weak as base effect narrows its slump
China’s Economy-HSBC PMI Rebounds, Economy Continues Pattern of Weak Stability:June HSBC Flash PMI Commentary
2H22 first take: weakness in-line; awaiting recovery
Growth slows sharply as confidence remains weak
Weak 2H22 as expected; IoT/auto CCM poised to drive recovery in 2023
China Property Sector–NBS Oct data in line, Nov-Dec may continue to be weak on low buying sentiment