Global Equity Strategy: Overweight EM
Big-picture technicals offer a compelling outlook for equities -- in the long-run. Despite arguably stretched trends, especially in the U.S. and...
676 Views
Industrial Capsule: Extraction of Crude Petroleum and Natural Gas in China
Gas production to drive growth as oil production continues to fall. Natural gas output grows, supported by increasing domestic demand. China...
170 Views
Sinopec's 3Q Displays Downstream Resilience; Capital Expenditure Cut Leads to Increased FVE
Following a lowering in our capital expenditure assumptions, we raise our fair value estimate on Sinopec to HKD 6.80 (USD 87 per ADR) from HKD 6.20...
147 Views
China: S&P's (Expected) Downgrade - Reality Bites
S&P's downgrade of China's long-term sovereign rating this evening (21-Sep) to A+ (from AA-) is as per our prediction ( See our Asian Credit...
222 Views
City-Gate Price Cut Reaffirms Our Positive Outlook On Gas Distributors; Neutral On Midstream Players
We believe the recent cut of CNY 0.10 per cubic meter in the city-gate price effective Sept. 1 for non-residential users is a positive development...
141 Views