GS 高盛：中国每日报告 05.14

May 14, 2007

China Daily Insights

05.14 12页

Today’s focus
China: Portfolio Strategy: Remain bullish on H but cautious on A
China Views: Trend in growth and inflation to continue—A preview of the April data to be released in the next 7 days
China: 1Q2007 PBOC monetary policy report and 2006 balance of payments statistics
China Views: Initial thoughts on the CBRC’s permission of overseas equity investment for high-net-worth bank clients
China Money and Credit Data: Strong Credit Growth in April, More Tightening Measures Expected
Asia Economics Analyst 07/09: China’s financial market: Time to overcome its fear of opening
51job, Inc. (JOBS): In-line revenue and gross profit, low sales and marketing spend
Tencent Holdings (0700.HK): 1Q07 preview: forecast sequential revenue and EBIT growth
Maanshan Iron & Steel (H) (0323.HK): Long steel prices breaking out, catalysts in full swing, "sweet spot"
Jiangxi Copper (A) (600362.SS) Sell: Downgrading A-share to Sell on valuation; retain Buy on H-share