3Q11 Results: Preview of Macau&Baidu, review of IPPs
KEY POINTS
- Utilities - First shot on China IPPs 3Q11 results (Michael Tong)
Orient Overseas Int'l - Rate declines pressure earnings downwards (0316.HK, Buy,
Target Price: HKD 53.00, Closing Price: HKD 35.10, Joe Liew)
TAL Education Group - Expansion going smoothly; growing pains in margins
(XRS.N, Buy, Target Price: USD 12.60, Vivian Hao)
Sina Corp - Cooperation with Sky-mobi (SINA.OQ, Hold, Target Price: USD 98.00,
Closing Price: USD 92.37, Alex Yao)