Last 2 months of FY22 China suffered greatly from COVID, which was fully recovered last month even stronger than 1H FY22 thanks to next generation AI boom.
If u speculate on whether FY23 will be worse or better than FY22, I would say FY22 wins 1st half and FY23 wins 2nd half.
Think about who bought 5.2m shares today, I am not selling as everyone else is panic, while there’s new legs and budget expectations in couple of months.
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