618 is a somewhat significant event that comes fairly late in the FY.
They are also in a period where the old China label product is potentially not as appealing for customers who know the new label is on its way.
I agree that any major downgrade would likely have been seen already. But revenue growth forecast has already been cut to 10%, so it wouldn't take much for it to fall short of that lower end of expectations. If the full year revenue is below then they may bite the bullet and announce this in the first week or two of July. I hope that's not the case but I'd hesitate to say we're in the clear just yet.
618 is a somewhat significant event that comes fairly late in...
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