<P><FONT face=黑体 size=6><STRONG>中银国际：6月策略报告</STRONG></FONT></P>
<P><FONT face=黑体 size=6><STRONG>－华侨看中国 (英文版)  </STRONG></FONT></P>
<P><FONT face=黑体 size=6><STRONG>62页     2007.06</STRONG></FONT></P>

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<P>                                 <FONT size=4><STRONG>    Table of Contents<BR>Don’t fight the PBOC......................................................... 3<BR>ST does not stand for Star Trek ......................................... 4<BR>China Economy ............................................................... 16<BR>Hong Kong Economy .......................................................25<BR>Automotive ..................................................................... 27<BR>Chemicals .......................................................................28<BR>Consumer — Beer & Liquor..............................................29<BR>Consumer — Dairy ..........................................................30<BR>Consumer — Durables..................................................... 31<BR>Consumer — Textile & Retail............................................32<BR>Consumer Services — Hotels & Gaming ...........................33<BR>Energy.............................................................................34<BR>Financials — Banks (China) ..............................................35<BR>Financials — Banks (Hong Kong) ......................................36<BR>Financials — Insurance .................................................... 37<BR>Industrial — Power Equipment .........................................38<BR>Media..............................................................................39<BR>Metals & Mining ..............................................................40<BR>Pharmaceutical................................................................ 41<BR>Property (China) ..............................................................42<BR>Property (Hong Kong)......................................................43<BR>Small/Mid-Cap ................................................................44<BR>Technology .....................................................................45<BR>Telecoms (China).............................................................46<BR>Telecoms (Hong Kong) .................................................... 47<BR>Transport — Aviation.......................................................48<BR>Transport — Land............................................................49<BR>Transport — Marine.........................................................50<BR>Utilities (China) ............................................................... 51<BR>Utilities (Hong Kong) .......................................................52<BR>BOCI Stock Universe ........................................................53<BR>Calendar of Events ..........................................................60<BR>Recently Published Research ........................................... 61<BR>BOCI Research Team........................................................62</STRONG></FONT></P>