每日投资锦囊 2018H1中报点评：新兴业务持续高成长，驱动盈利超预期改善 牛熊日志 1H 2018 results show continued recovery.We remain positive on the Company Q2 2018 results better than feared, but challenges remain in the coming quarters 1H2018 results lower than expected.Wait for more visibility.Dowmgrade to HOLD To see slower sales ahead Downgrade on lower earnings and dividend visibility 1H18 results show its capability to withstand the industry down-cycle 1H 2018 results a mixed bag. Concerns behind it; good foundation for future growth.