【招银国际】China Economy–Deflation may gradually alleviate after credit loosening.pdf

China Economy: Economy further weakens with gradual policy easing ahead

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

1Q23 results beat and gradual recovery is likely

Acceding Countries’ Gradual Integration into the EU Single Market

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

Near term challenges should fade into gradual recovery

Deflation continues with gradual improvement ahead

Gradual revenue and margin recovery in FY23

FY22 largely in-line; Gradual recovery on track

Gradual revenue and margin recovery in FY23