Earnings Review: 1H18 below expectations, sector outlook remains positive 海外消费品行业一周回顾：中报业绩喜人，坚定看好消费龙头 晨讯 港股早晨快讯 Q2 performance even softer than previous guidance and market expectations. Wait for final resetting of expectations. Look forward to 4Q, new retail rollout Cotai needs more time to ramp up 2Q18 results largely in line Positive surprises in a tough environment This is what market is waiting for