GS 高盛：每日中国报告  10.30 

China-Daily-Insights 10.30  14页

 

Today’s focus
AAC Acoustic (2018.HK): Likely strong 3Q07 results to help restore investor confidence
Maanshan Iron & Steel (H) (0323.HK): First take: 3Q earnings below expectation; execution key risk
Aluminum Corporation of China (H) (2600.HK): First take: 3Q earnings weak, typical for metals at turning point
Baoshan Iron & Steel (600019.SS): 3Q earnings below expectation on stainless steel weakness
Zhengzhou Yutong Bus (600066.SS): 1-3Q2007 earnings up 33% yoy; maintain Neutral
Huadian Power International (H) (1071.HK): 3Q07 net income down 13% on surging interest; below expectation
ASM Pacific Technology (0522.HK): Downgrade to Neutral on margin and cyclical concerns
China Foods (0506.HK): Better growth from core business; stay positive after plant visit
Asia Pacific: Transportation: Earnings expectations rising
China CITIC Bank (H) (0998.HK): Solid 3Q07, NIM expansion and fee income are growth bright spots
Headline news
Chinese consumers prefer own products (Financial Times)
Securities companies buy into futures brokers (China Daily)
Banks, insurers eye planned high-speed railway (China Daily)
Mutual funds face pressure over products, governance (Shanghai Daily)