GS 高盛：中国每日报告 06.18

China Daily Insights 06.18 10页

Today’s focus
China Views: Heightened risks of policy tightening in the near term
Asia Economics Data Flash: China data: FAI growth accelerated in May
Hunan Nonferrous Metals (2626.HK) Buy: Consolidation/asset injection, Double beneficiary, Upgrade to Buy
China Telecom (0728.HK): CT buys three small ops from parent, extends CCS contracts
China Construction Bank (0939.HK): Proposed A-share offering slightly EPS dilutive
PetroChina (0857.HK): Key takeaways from recent meeting with PetroChina management
Headline news
Five banks approved to lease (China Daily)
Fiscal budget system effective for central SOEs (China Daily)
Rural community lenders providing loans to farmers, businesses (Xinhua)
Senior industry regulator: China has no timetable for launch of stock index futures (Xinhua)
Door open within month or two for insurance firms to invest overseas (Shanghai Daily)