Table of Contents
Result Summary .......................................................................3
China infra E&C ..................................................................................................... 3
China machinery ..................................................................................................... 4
China airports & ports ............................................................................................. 5
China tollroads........................................................................................................ 6
Summary of PTs and risk factors............................................7
Valuation Summary ................................................................10
Financial Summary.................................................................12
Beijing Capital International Airport...................................................................... 12
Changsha Zoomlion Heavy Industry...................................................................... 12
China Communications Construction Co. Ltd. ....................................................... 12
China Merchants Holdings Int'l ............................................................................. 13
China Railway Construction Corporation Limited.................................................. 13
COSCO Pacific ..................................................................................................... 13
CSR Corp Ltd. ...................................................................................................... 14
Hutchison Port Holdings Trust .............................................................................. 14
Hollysys Automation Technologies Ltd. ................................................................ 14
Jiangsu Expressway - H......................................................................................... 15
SANY Heavy Equipment International Holdings Company.................................... 15
Sinopec Engineering Group................................................................................... 15
Weichai Power...................................................................................................... 16
Yuexiu Transport Infrastructure Limited................................................................ 16
Zhejiang Expressway ............................................................................................ 16
Zhuzhou CSR Times Electric Co., Ltd. .................................................................. 17