GS 高盛-中国每日报告 07.04

China-Daily-Insights 07.04 9页

Today’s focus
CITIC Pacific (0267.HK): China trip highlights: Positive takeaways but valuation looks full
Aluminum Corporation of China (H) (2600.HK): First-take: Baotou Aluminum injection strategic positive
China Shenhua Energy (1088.HK): Shenhua asset injection/A share listing plan positive
Headline news
China's 2nd-half trade gap will narrow, Wei says (Shanghai Daily)
Top priority given to energy statistics (Xinhua)
Supply of China's labor force still exceeds demand (People’s Daily)
China H1 investment growth around 26 pct –media (Yahoo)
Listed companies must disclose securities investments (China Daily)
CITIC Pacific (0267.HK): China trip highlights: Positive takeaways but valuation looks full, Mike Warren
• What's changed: CITIC (0267.HK, HK