纪要精选｜工程机械经营澄清，天然气供给收紧，携程增长转向国际

from 投研随身听 · host 慢研播客

内需仍弱，全球天然气供给增速预期下修；工程机械海外经营与汇兑拖累缓解，是本期最重要的行业增量。十二组变化同时覆盖地产库存出清、深层煤层气经济性、光通信与钽需求、白酒区域动销、呼吸生物制剂和基因测序。携程国际业务高增长与国内整改形成分化，美丽田园门店整合提效。保留纪要中的经营数字与私人判断，并明确说明冲突或转写待核口径。

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纪要精选｜工程机械经营澄清，天然气供给收紧，携程增长转向国际

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