Indian Hotels (IH IN)：Sea Rock hotel bought back. Debt to increase back topeak levels China coal-fired tariff cut：Rmb 20 / Mwh largely in line, but LT challenges persist Sound Global Limited(967 HK)：Terminating asset injection. Uncertainty remains on 2014 results Skyworth Digital Holdings(751 HK)：March stats -reasonably good, valuations still not demanding Hyundai Development Company：More upside to come; raise PT to W68,000 Emerging Markets Strategy Dashboards Dry Bulk Shipping：Ship chartering activity light due to holidays；PacBasin plans to issue CBs China Railway Infra E&C：Analyst briefings gave bullish outlook on growth, margin expansion and CF improvement China Auto Drivers (H shares)：Seize The Rally The stock appears oversold; we address market concerns surrounding the industry