FOR IMPORTANT DISCLOSURE INFORMATION relating to analyst certification, please refer to the Disclosure Section at the end of the report. For important disclosure regarding the Firm's investment banking relationships, if any, with companies mentioned in this report and regarding the Firm's rating system, valuation methods, and potential conflicts of interest, please visit the website at www.csfb.com/researchdisclosures or call +1 (877) 291-2683. Thursday, 25 March 2010Asian Daily (Asia Edition)EPS, TP and Rating changes EPS TP (% change) T+1 T+2 Chg Up/Dn Rating Guangzhou R&F n.a. 2 0 34 N (N) Zhejiang Tianma (2) (2) (3) 3 N (N) BOC Hong Kong (7) (1) 0 9 O (O) TSMC 0 0 R (R) C3: Connecting clients to corporates Hong Kong Belle International (1880.HK) NDR Date 25-26 March, Hong Kong Coverage Analyst Catherine Lim Advanced Info Service PCL (ADVA.BK) NDR Date 29-30 March, Hong Kong Coverage Analyst Colin McCallum Yuexiu Property (0123.HK) Post Result NDR Date 30 March, Hong Kong Coverage Analyst Jinsong Du Singapore GS E&C (006360.KS) NDR Date 26 March, Singapore Coverage Analyst Minseok Sinn Belle International (1880.HK) NDR Date 29 March, Singapore Coverage Analyst Catherine Lim KWG Property (1813.HK) post-annual result NDR Date 30-31 March, Singapore Coverage Analyst Jinsong Du Cairn India Ltd (CAIL.BO) NDR Date 31 March – 1 April, Singapore Coverage Analyst Sanjay Mookim US China Resources Cement (1313.HK) NDR Date 30-31 March, US Coverage Analyst Trina Chen Europe Shanghai Prime Machinery (2345.HK) NDR Date 24-31 March, Europe Coverage analyst Kenny Lau Others PCD Stores (0331.HK) NDR Date 31 March, Beijing Coverage Analyst Catherine Lim CS Speaker's Corner PCD Stores (0331.HK) Post FY09 Results Call Date 29 March 9 pm. HK / 2:00 pm London / 9:00 am US Dial-in no. International: +61296960714 HK: 800968453 / 800903644 Sing: 8006162234 / 8006163148 UK: 08081013539 Speaker Alfred Chan - Chairman Anthony Chan - Vice President Strategic Planning Henry Tan - Vice President Corporate Development Gabriel Simons - IR Coverage Analyst Catherine Lim Contact cseq.events@credit-suisse.com or your usual sales representative Top of the pack ... Global Oil and Gas Sector Prashant Gokhale (3) Notes from the AIC: Iraq looms on global oil markets: find out on Friday - how quick, how big, & implications China Property Sector Jinsong Du (4) Notes from the AIC China Property Panel: Affordability versus supply shortage Bank of China (3988 HK) – Maintain O Sanjay Jain (5) FY09 results review: stronger volume leads to better top line, but cost control a miss Swire 'A' (19 HK) – Maintain O Cusson Leung, CFA (6) Notes from the AIC: Rapid expansion in China ... and the whole pack Global Global Oil and Gas Sector Prashant Gokhale (3) Notes from the AIC: Iraq looms on global oil markets: find out on Friday - how quick, how big, & implications China China Property Sector Jinsong Du (4) Notes from the AIC China Property Panel: Affordability versus supply shortage Bank of China (3988 HK) – Maintain O Sanjay Jain (5) FY09 results review: stronger volume leads to better top line, but cost control a miss E-House China Holdings Ltd (EJ US) – Maintain O Jinsong Du (7) Notes from the AIC: Takeaways from E-House's presentation Guangzhou R&F (2777 HK) – Maintain N Raymond Cheng, CFA (8) Results slightly below expectations, but management positive on business outlook Sinopharm (1099 HK) – Maintain O Jinsong Du (9) FY09 review and FY10E outlook – more M&A confirmed Zhejiang Tianma (002122 CH) – Maintain N Victoria Li (10) FY09 results: margins weaker than estimated Hong Kong BOC Hong Kong (2388 HK) – Maintain O Christopher Esson (11) FY09 results: short-term pain, long-term gain Sa Sa International (178 HK) – Maintain O Phoebe Tse (12) Notes from the AIC: Continuing sales momentum in 4QFY3/10 Swire 'A' (19 HK) – Maintain O Cusson Leung, CFA (6) Notes from the AIC: Rapid expansion in China Wynn Macau (1128 HK) – Maintain U Gabriel Chan, CFA (13) FY09 results largely in line; reiterate our view that opening of Encore may disappoint Thursday, 25 March 2010Asian Daily - 2 of 25 - Asian indices - performance (% change) Latest 1D 1W 3M YTD ASX300 4,884 0.3 0.8 2.0 0.3 CSEALL 3,723 (0.2) (1.2) 13.1 10.0 Hang Seng 21,080 0.4 (1.4) (2.0) (3.6) H-SHARE 12,074 0.4 (1.3) (4.7) (5.6) JCI 2,757 1.3 0.0 11.4 8.8 KLSE 1,309 0.3 0.6 3.6 2.9 KOSPI 1,681 0.0 (0.1) (0.1) (0.1) KSE100 10,100 1.4 0.8 8.6 7.6 NIFTY 5,225 0.4 0.5 0.9 0.5 PCOMP 3,167 1.2 2.5 4.7 3.7 RED CHIP 4,050 0.7 (2.4) 3.2 (0.2) SET 790 1.0 3.3 8.7 7.6 STI 2,898 (0.2) (0.7) 2.1 0.0 TWSE 7,823 0.1 (0.3) (1.8) (4.5) VNINDEX 512 1.1 0.2 6.9 3.5 Thomson Financial Datastream Asian currencies (vs US$) (% change) Latest 1D 1W 3M YTD A$ 1.1 0.3 (0.9) 3.4 1.7 Bt 32.3 (0.1) 0.0 3.1 3.0 D 19,080.0 0.1 0.1 (3.2) (3.1) NT$ 31.8 0.1 (0.3) 1.5 0.5 P 45.6 (0.2) (0.1) 1.7 1.1 PRs 84.2 (0.3) 0.3 0.1 0.1 Rp 9,123.0 (0.1) (0.1) 3.9 2.9 Rs 45.4 0.1 (0.2) 2.8 2.4 S$ 1.4