【出版时间及名称】：2010年1月亚洲集装箱海运行业研究报告
        【作者】：野村证券
        【文件格式】：PDF
        【页数】：60
        【目录或简介】：
Contents
Key changes and stock rationale 3
Improving outlook already priced in 4
Fundamentals improving but still likely loss-making in FY10F 4
Valuation — pricing in the good news already 5
Valuation table 6
Asian container shipping sector valuation charts 7
On the route to recovery 9
Supply — remains an overhang, especially given idled capacity 10
Demand — recovery and growth expected but mixed growth 13
Freight rates — moving closer to breakeven 16
Moving parts 18
Valuation and risks 20
Valuation methodology 20
Investment risks 21
Latest company views
China Cosco Holdings 22
China Shipping Container Lines 26
Evergreen Marine 30
Hyundai Merchant Marine 34
Neptune Orient Lines 38
Orient Overseas Int'l 42
Wan Hai Lines 46
Yang Ming Marine Transport 50