<P><FONT face=黑体 size=6><STRONG>GS 高盛：中国每日报告 05.18 </STRONG></FONT></P>
<P><FONT face=黑体 size=6><STRONG>China Daily Insights   </STRONG></FONT></P>
<P><FONT face=黑体 size=6><STRONG>05.18     10页</STRONG></FONT></P>
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<P><STRONG><FONT size=3>Today’s focus<BR>Asia Economics Data Flash: China data: FAI growth came in at 25.8% yoy in April<BR>Ctrip.com International (CTRP): 1Q07 results: impressive hotel revenue growth<BR>ZTE Corporation (H) (0763.HK): ZTE to sign TD contract; WCDMA/CDMA 2000 still uncertain<BR>Gome Electrical Appliances Holding (0493.HK): Turning even more aggressive on improved industry dynamics<BR>People's Food Holdings (PPFH.SI) Buy: Stable earnings growth continuing; upgrade on further re-rating</FONT></STRONG></P>