AsianDaily_20120816

China
China Economics Dong Tao (11)
PBoC may buy back government bond to expand the monetary base as foreign capital inflows cease
China Rare Earth Sector – Maintain OW Vincent Chan (12)
Takeaways from the fourth China Rare Earth Industry Forum (I): Policies will move forward
Chenzhou Mining Group Co Ltd (002155 CH) – Downgrade to N Vincent Chan (13)
1H12 results in line; lower earnings estimates due to weak demand
China Gold International (2099 HK) – Downgrade to U Owen Liang, CFA (14)
1H12 results summary: High costs led to disappointment
China Medical System Holdings Ltd. (867 HK) – Maintain O Lefei Sun (15)
1H12 results preview: Deanxit sales remained strong; agency network outperformed
China Power International (2380 HK) – Maintain O Edwin Pang (16)