INVX 4/1/2567 : Commerce sector Prefer CPALL CPAXT (positive SSSg and 4Q’2566 Earnings +y/+q) vs SSSg negative on BJC CRC -2%, HMPRO -8% and Global -12%

Flows buy Tourism (Chinese Free Visa benefit ),Property ( lower transfer fee ) vs Sell Tech and Energy ( weak 4Q’2566 Earnings and risk of stock loss) Better Switch out from BCP to TOP or Tourism AOT ERW AWC