Macquarie 12月16日中国专题报告。
　　Our Eagle picks have risen 36% so far in the Year of the Monkey，outperforming benchmark indices by 18%，and yet remain the best growth-value combinations in the China market，in our view.Earnings growth has kept pace with performance，meaning forward multiples are largely the same as when we launched our Eagle picks.We expect Corporate Internationalisation will remain a core growth theme for China equities over the next decade.The challenges of expanding abroad are rising however and only China’s best corporates–represented by our Eagle picks–are in a position to build multinational business platforms.Midea，Fuyao Glass，Minth，Lenovo，MLS，TCL，Ctrip，Hikvision，Hilong，Goldwind，Greatview，Zijin Mining，Alibaba，Great Wall，Yutong Bus，PingAn and Hengrui Pharm remain among our top picks in the China market.