【招银国际】Resilient travel consumption to continue.pdf

Chen Wangyan work continue,called a conference,a new health investigation

Auto: Discounts continue to widen despite some OEMs’ intention to exit price war

China Economy – Exports continued to beat expectations with uncertainty ahead

LT prospects intact; Maintain HOLD on continued margin pressure

Multiple growth drivers and improving margin to continue into 2025; Raise TP to HK$53.48

China Technology–Global fabless／IDM 2Q23 wrap： expect continued inventory correction for non-AI players; All eyes on NVDA 3Q23E guidance

Property: Weekly highlight: Strong WoW recovery at Mar end,policy relaxation continued

2Q23E V-shaped rebound to continue

China Consumer Staples:Divergence continues

Clinical development of core pipeline products continues