GS 高盛：中国每日深度报告 05.31

China Daily Insights 　　

05.31　　11页

Today’s focus
China: Portfolio Strategy: Stamp duty hike: Tighten the safety belt
China Views: China raised the stamp duty overnight
Simcere Pharmaceutical Group (SCR) Buy: From generic to first-to-market & innovative; initiate with Buy
Tianjin Capital (H) (1065.HK): Current share price levels assume very bullish growth expectations
China: Metals & Mining: Coal: First-take: Export contract settlement significantly above forecast
Solarfun Power Holdings (SOLF): 1Q2007 net loss of Rmb2.5mn on lower volume and higher costs
China: Telecom Services: TD-SCDMA - rapid development plan toward Olympics and beyond
Bank of Communications (3328.HK): In-line 1Q07: strong fee/assets growth offsetting slightly weak NIM
Headline news
China Growth Forecast Rises; Debt Rating May Jump (Bloomberg)
Sharp rise of yuan may cost millions of jobs (China Daily)
Local gov't urged to ensure pork supply (Xinhua)
Regulator to buy stake in insurer (Shanghai Daily)