Smartphone headwinds goes on LT outlook intact, despite prudent 2H21E HSI constituent candidates in half-yearly review CARINC – Raise to OW on improving credit metric, post 1H2021 results Review on Hong Kong Equity Market 1H21 每日港股简评 每日港股简评 1H21 Results: in line 1H21 results miss; 2H21 needs to speed up Outstanding 1H21 profitability; aim higher with support from good pricing in 2H21