业绩稳步复苏，专注利润端改善，指引保持谨慎 Better-than-feared 3Q results 电商业务短期或陷入两难境地，下调至“持有”评级 Looking at game monetization and better margin GPM pressure persists despite possible sales beat Remain committed to enhance shareholder returns Games revenue growth accelerated with solid margin expansion 2024财年二季报点评：业绩继续超预期，下季度收入指引同增42-45% 主营业务稳健增长，多款新药进入商业化兑现阶段 每日港股导航