GS 高盛-中国每日报告 07.30

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GS 高盛-中国每日报告 07.30

China-Daily-Insights 07.30 10页

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2007-7-30 20:58:00 上传

GS 高盛-中国每日报告 07.30
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Today’s focus
China COSCO Holdings (1919.HK): A share placement planned
SMIC (ADR) (SMI): Weak logic business recovery and increasing breakeven utilization
Sohu.com (SOHU): 2Q07 preview: should grow branded advertising above guidance
Tianjin Port Development Holdings (3382.HK): In-line acquisition price; no change to estimates
Headline news
Illegal charges fuel house prices (China Daily)
Chinese SOEs rake in first-half profits of 753.5 bln yuan (Xinhua)
Chinese drink 35 mln tons of beer in 2006 (Xinhua)
Chinese vice premier calls for better management of welfare lottery Industry (People’s Daily)
China earmarks 10 bln yuan for energy efficiency, discharge reduction (People’s Daily)
China COSCO Holdings (1919.HK): A share placement planned, Matthew Chan, CFA
• News: On July 26, 2007, China Cosco Holdings (1919.HK, HK$13.58, Neutral) announced that it plans to issue A shares through a private placement pending regulatory approval. The company has not disclosed any further details about the possible number of

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