【招银国际】Stable 1H24 results; Maintain HOLD.pdf

Core business maintains a healthy growth momentum

Online music business maintains solid growth amid macro uncertainty

Gen AI business maintains momentum on increased AI investment

COVID business to maintain solid growth

China Insurance Sector-Improving fundamentals; Maintain OVERWEIGHT

Expansion outside Zhejiang to support GFA growth; Maintain BUY

Yanlord：Resilient FY22 results and business model; maintain Buy

Positive outlook; Maintain BUY

Maintaining strong growth momentum

Solid 1H24 with balanced sources of growth, maintain BUY