GS 高盛：每日中国报告 04.26

China-Daily-Insights 11页

Today’s focus
Global: Energy: Alternative Energy: Initiating on three solar companies: Adding Roth & Rau to our Conviction Buy List
Jiangling Motors (000550.SZ): 1Q07 earnings down 37% yoy; in-line with our expectation
Shenzhen Development Bank (000001.SZ): Strong but in-line 1Q07; NIMs expansion to drive further upside
ZTE Corporation (H) (0763.HK): Healthy 1Q revenue, but challenging margins; raise TP
New Oriental Education & Technology Group Inc. (ADR) (EDU): Strong 3QFY07 due to late New Year, overseas test, kids' English
Industrial and Commercial Bank of China (H) (1398.HK): 1Q07 results: better than expected revenue growth/NIM expansion