【招银国际】 4Q22E net profit likely to turn positive.pdf

–Likely to be resilient and outperform in 2H23E

–Homegrown brands likely to narrow loss in 2H23

Attractive valuation with likely resilient earnings

安恒信息（688023）：Operations Likely to Bottom Out In 2025

4Q earnings beat; likely another year of solid earnings growth ahead

China Heavy-duty Truck: Expansion of gas/diesel price spread likely to boost natural gas HDT sales in the near term

The Digital Inclusion Outlook: What It Looks Like and Where It’s Lacking

China Sportswear Sector - Singles Day sales likely good but companies remain cautious

PHEVs key to FY24; Earnings likely still resilient

–Business adjustment impact likely taking time to be digested