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18E PIE of 36x/27x. Click here for the full Note and disclaimers. Alex VaoAc Bloomberg JPMA YAO <GO> EFTA00695859 Daniel Chen (852) 2800-8579 J.P. Morgan Securities (Asia Pacific) Limited Visit J.P. Morgan Markets for more market-leading research and financial solutions across the full trade and investment lifec
disclaimers. Alex VaoAc Bloomberg JPMA YAO <GO> EFTA00695859 Daniel Chen (852) 2800-8579 J.P. Morgan Securities (Asia Pacific) Limited Visit J.P. Morgan Markets for more market-leading research and financial solutions across the full trade and investment lifecycle. www.jpmorganmarkets.com I certify that all
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ses of JPMorgan Chase & Co. and its subsidiaries. All research reports made available to clients are simultaneously available on our client website, J.P. Morgan Markets. Not all research content is redistributed, e-mailed or made available to third-party aggregators. For all research reports available on a particula
es South Africa Proprietary Limited is a member of the Johannesburg Securities Exchange and is regulated by the Financial Services Board. Hong Kong: J.P. Morgan Securities (Asia Pacific) Limited (CE number AAJ32 I ) is regulated by the Hong Kong Monetary Authority and the Securities and Futures Commission in Hong Kong
ses of JPMorgan Chase & Co. and its subsidiaries. All research reports made available to clients arc simultaneously available on our client website, J.P. Morgan Markets. Not all research content is redistributed, c-mailed or made available to third-party aggregators. For all research reports available on a particula
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Bloomberg L.P.
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