瑞银：Hong Kong & China Daily Comment  10月29日 34页

Company Update：

1.CITIC Securities,600030.SS：Strong Q3 results; alliance with BS adds a nother competitive advantage ,12-month rating: Buy (Unchanged), FY07E Rmb3.22, FY08E Rmb4.58, PTRmb134.00/US$17.88, Mkt Cap Rmb316bn/US$42.1bn

2.Guangshen Railway, 0525.HK：Q307 profit in line,12-month rating: Neutral (Unchanged), FY07E Rmb0.23, FY08E Rmb0.27, PTHK$6.75/US$43.54, Mkt Cap HK$44.8bn/US$5.80bn

3.Huangshan Tourism A, 600054.SS:Strong Q307 profit,12-month rating: Neutral (Unchanged), FY07E Rmb0.40, FY08E Rmb0.56, PTRmb26.90/US$3.60, Mkt Cap Rmb10.4bn/US$1.39bn

4.Huangshan Tourism B, 900942.SS:Strong profit, largely in line,12-month rating: Buy (Unchanged), FY07E Rmb0.40, FY08E Rmb0.56, PT US$3.12,

5.Jinjiang Investment, 600650.SS:Reasonable growth,12-month rating: Buy (Unchanged), FY07E Rmb0.58, FY08E Rmb0.63, PTRmb19.20/US$2.57, Mkt Cap Rmb7.93bn/US$1.06bn