Market Information

Market Information           

CICC Morning Notes

2008/11/12

Please find the English highlights of CICC research reports to be published today as follows:

1. China Economy: Exports Decelerated as Expected, Trade Surplus Hit Another Record High

2. China Economy: Comments on November CPI/PPI

3. Real Estate: 2009 Hong Kong Property Market Outlook – Too Early to Call the Bottom

4. Power Sector: Short Comments on Wind Power Equipment Manufacturers Visit

5. Machinery Sector: China’s Rmb4 Trillion Economic Stimulus Package Can Hardly Reverse the Downturn of Construction Machinery Sector

6. Alibaba.com (1688.HK/HK$4.80):Results Inline with Our Forecast – BUY

7. Zhejiang Expressway (576.HK/HK$3.69): Securities Business is Better than Expectation, But Toll Road Not – HOLD

8. Andre Juice (8259.HK/HK$0.3): 3Q Results Review – HOLD

9. Haisheng Juice (359.HK/HK$0.46): Downgrade on Earnings Recession – HOLD