<P><FONT face=黑体 size=6><STRONG>GS 高盛：中国每日深度报告 06.04  </STRONG></FONT></P>
<P><FONT face=黑体 size=6><STRONG>China  Daily  Insights   06.04      10页</STRONG></FONT></P>
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<P><STRONG>Today’s focus<BR>China Resources Enterprise (0291.HK): Post-results update: Still our favored restructuring play<BR>Sinofert Holdings (0297.HK): Risk-reward fair after recent rally; strong fundamentals; to Neutral<BR>Solarfun Power Holdings (SOLF): Downgrading to Neutral on substantial downward earnings revision<BR>Clear Media (0100.HK): General offer possible following privatization of parent's parent<BR>Foxconn Int'l Holdings (2038.HK): Likely potential shortfall at MOT; take FIH out of Conviction Buy list<BR>Headline news<BR>Foreigners shy of Chinese M&As (China Daily)<BR>No economic slowdown for China after 2008 (China Daily)<BR>Insurers given nod to invest overseas (Shanghai Daily)</STRONG></P>