首次覆盖报告：呷哺南下扩展空间广阔，湊湊强品牌势能持续带动营收增长 FY22现金消耗可控；今年着力推进后续研发和商业化准备工作 2022年业绩良好，童装及电商持续发力 双抗领域勤耕不辍，扬帆出海砥砺前行 安踏体育点评报告：超预期年报表现，23年信心充沛 COR98.5%好于预期，23年利润修复高弹性，估值修复动力强劲 利润增速20%+，直销发力，毛利率持续提升 支付服务利润回升，到店电商服务持续高增 业务复苏，2023将回归健康增长 营收同比大幅提升，持续发力新能源和智能化

1H15 results in-line; moderate growth remained July GGR tracking in range as Galaxy gains share Why economy bottomed in 2Q Official study suggests national debt-to-GDP ratio at 236% First to Market One of only a few profitable liners Yum Cha Already reflected rate rebound India Economics Weekly：RBI's future, external debt trend Heading into a loss in 2015