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1H17 as guided; uncertain sales outlook warrants a Hold
报告类型：港股公司研究 页数：1 文件大小：122K 上传时间：2024-09-20
机构：德意志银行 作者：Fei Sun Vincent Ha 135阅读 0收藏 0下载
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1H17 results: economy hotel/SH based hotels are the main growth drivers 1H17 recurring earnings beat; margin recovery on track; reiterating Buy Buy: Benign asset quality trend continues Remain OW as ratings pressure subsides. Good set of results Bank of Korea SJ tariff cut overhang removed for BEHL and Kunlun; Buy 1H17 earning decline despite a lack of FX loss 1H17 post-results conference call takeaways CEEMEA & Latam Daybook Monthly GEMs Equity Flows:Double underweight
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