Excavator demand slowed down in May; still positive on replacement cycle
China Auto Sector – May NEV likely to hit second highest in history
–New-car GPM may bottom out in 2H23E
China Property Sector–NBS Oct data in line, Nov-Dec may continue to be weak on low buying sentiment
投资策略定期报告:“Sell in May”可能被再次验证
–Sequential margin contraction indicates inventory digestions may persist till FY23E
Georgia: Technical Assistance Report-Report on Government Finance Statistics for State-Owned Enterprises Mission (April 26-May 24, 2021)
Statement by the Managing Director on the FY 2024 Work Program of the Executive Board Executive Board Meeting May 30, 2023
4Q22 earnings miss; sales may rise QoQ in FY23E
May NEV likely to hit second highest in history