<P><FONT face=黑体 size=6><STRONG>GS 高盛：中国每日报告</STRONG></FONT></P>
<P><FONT face=黑体 size=6><STRONG>03.29    10页  英文</STRONG></FONT></P>
<P> </P>
<P> <BR></P>
<P><STRONG>Today’s focus<BR>China: Portfolio Strategy: NBS industrial profits: A breakout<BR>China: Portfolio Strategy: FY06 Earnings Tracker<BR>Yanlord Land (YNLG.SI) Buy: Buy: A new era of growth; initiate with Buy<BR>Denway Motors (0203.HK): In-line 06 result; more challenge than opportunity for 07; Neutral<BR>Kingboard Laminates Holdings (1888.HK): 2006 results: in line, execution is key in 2007<BR>Mingyuan Medicare Development (0233.HK): Bottomline disappointing, but chip fundamentals solid</STRONG></P>
<P><STRONG>Headline news<BR>China to Fine Tune Trading Rules to Improve Market (Bloomberg)<BR>China Is `Showing Signs of Heating,' Economist Says (Bloomberg)<BR>Import license waived for items (China Daily)<BR>Developers shift focus to industrial real estate (China Daily)<BR>China sets to cut export rebates for steel products in April (Xinhua)</STRONG></P>