GS 高盛：每日中国报告 09.17

China-Daily-Insights 09.17 12页

Today’s focus
Asia Economics Data Flash: China data: Reported FAI growth rebounded in August
China Views: The PBOC raised the 1-year deposit rate and lending rate by 27 bp each
CNOOC (0883.HK) Buy: Superior growth + oil price leverage + expl. upside; 19% upside
Hopewell Highway Infrastructure (0737.HK): Major maintenance work could affect traffic & earnings in FY08E
ZTE Corporation (H) (0763.HK): A couple of negative catalysts to pressure ZTE stocks near-term
China Merchants Holdings (0144.HK): New bulk port investment: Positive L-T move; neutral N-T impact
China: Banks: Rake hike modest positive on 08E NIM; key to watch: still CPI trend
Headline news
China to maintain sizeable trade surplus for some time (China Daily)
First stock-oriented QDII fund doubles sales limit (China Daily)
Central SOEs to return part of profits to exchequer next year (Xinhua)
Four new industry funds get go-ahead (Xinhua)
China mulls measures to cool investment in shipbuilding (Shanghai Daily)