GS 高盛-中国每日报告 08.23

China-Daily-Insights 08.23 12页

Today’s focus
China: Portfolio Strategy: DII: Yet another milestone
GZI REIT (0405.HK): 1H result affirms our Buy rating
Sinofert Holdings (0297.HK): 1H2007 preview: expect strong results from low base
PICC Property and Casualty (2328.HK): Key takeaways from 1H2007 results briefing
CITIC Pacific (0267.HK): Strong 1H07 result; raising estimates
China Netcom (0906.HK): 2Q07 in line; weak local phone mostly offset by robust broadband
China CITIC Bank (H) (0998.HK): Solid 1H07 Results inline with preannouncement; NII a bright spot
Headline news
NDRC orders oil giants to keep prices stable (China Daily)
Report: China to Limit Property Purchases (Yahoo)
Warning bell for mortgage market (Xinhua)
China: Portfolio Strategy: DII: Yet another milestone, Thomas Deng, CFA
• Domestic retail investors can now buy H-shares: The State Administrative of Foreign Exchange (SAFE) announced on August 20 that domestic individual investors (DII) can now invest in securities listed on Hong Kong Stock Exchange. Investors can deploy their current FX savings or convert their Rmb to conduct the trades.