盈利指标持续提升，新工厂投产指日可待 流媒体会员增量出色，乐园恢复至疫情前水平 预计Q4用户活跃度加速增长，流水或不及预期 四季报点评：广告和云业务驱动高增长，中期业绩具备韧性 短期核心广告业务承压，全力追寻第二增长曲线 2022年2月美股策略 Monetary Policy in Asia: Ready for a new easing cycle? If it is believed that inflation will not return in OECD countries, central banks′target must be changed and nominal rigidities Global Clean Energy Monthly：Spotlight on solar financing trends – equity capital more challenged, but not all need it China：Telecom Services：CM focuses on 4G subs growth, CT/CU on strategy changes