【招银国际】China Economy – Weak exports support further policy easing.pdf

China Technology Sector–Apple FY4Q23 beat on margins, resilient China iPhone sales, weak outlook for iPad／Wearablese

Apple FY1Q23 miss on macro and supply chain issues; Expect weakness to persist in near term

China’s Economy Weekly：Economy Showed Signs of Weak Stabilization, Growth Stabilizing Policies Accelerate

【Sector Research】China Property Sector–NBS Jun data： weak as expected, a tough 3Q ahead

Capital Goods: Construction machinery sales in Sep: Decent export growth; weak demand in China

–1H23 weakness in-line; Lower TP on slower demand recovery

1H23 Preview: weak revenue amid industry headwinds; expect smartphone recovery in 2H23E

China Economy – Inflation is too low as demand remains weak

China Economy Weak credit demand calls for easing policy

【Economic Perspectives】China Economy–Weak growth calls for additional policy easing