<P><FONT face=黑体 size=6><STRONG>China Daily Insights 06.20 9页</STRONG></FONT></P>
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<P><STRONG><FONT size=3>Today’s focus<BR>Asia Pacific: Technology: Internet: Mobile-ization: China internet companies may benefit from 3G<BR>China: Energy: Oil - Integrated: Prefer upstream oil exposure over downstream in China<BR>Asia Pacific: Transportation: Shipping: Maintaining the faith; forward markets suggest 2H07 strength<BR>Headline news<BR>Property investment grows 27.5% in 1st 5 months (China Daily)<BR>Stock indices get new rules (China Daily)<BR>China will offer tax break to promote clean energy (Xinhua)<BR>Covered warrants may pave way for expansion (Shanghai Daily)</FONT></STRONG></P>