本周观点聚焦于超预期的季报和事件:教育:景气略有承压。K12 教培行业由于中小机构供给增加,竞争边际加剧,龙头阿尔法能力逐渐趋稳。本周龙头新东方、好未来将发布暑期业绩,关注期末合同负债和秋季指引。奢侈品与博彩:近两周LVMH、开云集团、爱马仕、普拉达相继发布Q3 销售数据,中国区得益于股市反弹和一线城市房地产价格趋稳,多出现轻微改善,持续关注。咖啡茶饮:1)咖啡:高景气维持;行业具备β性红利,人均...
Source Link本周观点聚焦于超预期的季报和事件:教育:景气略有承压。K12 教培行业由于中小机构供给增加,竞争边际加剧,龙头阿尔法能力逐渐趋稳。本周龙头新东方、好未来将发布暑期业绩,关注期末合同负债和秋季指引。奢侈品与博彩:近两周LVMH、开云集团、爱马仕、普拉达相继发布Q3 销售数据,中国区得益于股市反弹和一线城市房地产价格趋稳,多出现轻微改善,持续关注。咖啡茶饮:1)咖啡:高景气维持;行业具备β性红利,人均...
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