每个人都应该做空美国国债 .......................................................................3
枪炮、细菌和钢铁– 为什么是欧洲而不是中国？ .............................7
中国经济........................................................................................................13
香港经济........................................................................................................21
汽车 .................................................................................................................23
化工.................................................................................................................24
消费品 — 啤酒及白酒.................................................................................25
消费品 — 乳制品..........................................................................................26
消费品 — 零售..............................................................................................27
消费服务 — 博彩..........................................................................................28
能源.................................................................................................................29
金融 (中国).....................................................................................................30
金融 (香港).....................................................................................................31
金融 — 保险...................................................................................................32
传媒.................................................................................................................33
金属及矿产....................................................................................................34
制药.................................................................................................................35
地产 (中国).....................................................................................................36
地产 (香港).....................................................................................................37
中小盘股/工业...............................................................................................38
科技.................................................................................................................39
电信.................................................................................................................40
交通运输 — 航运..........................................................................................41
交通运输 — 陆运..........................................................................................42
交通运输 — 海运..........................................................................................43
交通运输 — 港口..........................................................................................44
公用事业 (中国) ............................................................................................45
公用事业 (香港) ............................................................................................46
中银国际股票研究范围..............................................................................47
公告时间表....................................................................................................58
最近出版的研究报告..................................................................................65
中银国际研究团队.......................................................................................66