【招银国际】 Thermal ASP in 4Q continued to beat benchmark.pdf

BYD Company (1211 HK) 4Q22 beat; FY23E margins likely overestimated

Global Economic Weekly：US Core Inflation Beat Forecast, Dollar Index Back above 95

PMI beat expectations as economy continues to recover

–A decent 1H, though not a straight beat

China Sportswear Sector – 5-1 sales beat but competition intensified

3QFY23 margin beat on cost control; Upgrade to BUY

贝壳（BEKE）：1Q25 results beat, but moderate outlook guidance raised concerns

China Property Sector – Feb sales a strong beat; Raise 2023 forecast

快照：与899共舞以及超级BEAT

1Q23 results beat and expect gradual recovery